Characteristics Of A Successful Entrepreneur



The characteristics of a successful entrepreneur is what sets one person apart from the other. It makes the difference between success and failure in business.

My list of top 10 character traits outlined below is by no means exhaustive. However, they are the most appropriate ones for someone interested in starting a business from home.

  1. Vision

    All entrepreneurs have a dream with a clear vision of what they want to achieve. They imagine their success before it becomes a reality.

  2. Self Belief

    Successful entrepreneurs have a great attitude, positive mindset and a strong belief in their own ability. They are not affected by what people think.

  3. Planning

    They are results-orientated and have clearly defined goals. Entrepreneurs plan with the end in mind and then they work out exactly how they'll get there.

  4. starting-an-online-businessCharacteristics
    of a Successful Entrepreneur

  5. Perseverance

    Successful entrepreneurs are highly motivated, self starters. They stay focused on their dream even when they encounter obstacles (and there will always be obstacles to overcome!).

    They don't get distracted by non-productive tasks .... and most important of all .... they never give up.

    They have passion, drive and high energy levels. If you ask any successful entrepreneur they'll tell you that they absolutely love what they do.

  6. Courage

    Entrepreneurs dare to take risks. They understand that to succeed they may have to do things that they have never done before.

  7. Accountability

    They accept personal responsibility for their actions, learn from their mistakes and are good problem solvers.

  8. Strong Work Ethic

    Entrepreneurs have a strong work ethic and are absolutely committed to their vision.

  9. Continuous Learning

    Entrepreneurs understand the value of continually learning new skills and working on their mindset.

  10. Work Harder and Smarter

    They organize their time so they get more done and contribute more value.

  11. Systems

    They implement systems which allow them to work "on their business" instead of "in their business". They can then focus on the areas that drive and grow their business instead of non-productive, day-to-day administrative activities.

    Michael E. Gerber's book "The E-Myth" is dedicated to this whole concept. I highly recommend reading it. It opened my eyes.