Characteristics of an Entrepreneur
You have heard and read many different explanations of what are the common characteristics of entrepreneurs. When people read about these characteristics, they try to forcefully implement the outlined behavior onto themselves. But you can’t force what you aren’t naturally. If you don’t have all of the characteristics mentioned, don’t panic. If you at least have half of the characteristics listed, you can still develop a successful entrepreneurial venture.
- 1. You’re motivated to produce results, you have confidence in your abilities, and you acknowledge yourself when you accomplish great things.
- 2. You have an issue being told what to do because you feel like your way will be to prove more effective.
- 3. You’re extremely competitive with not only others but also yourself.
- 4. You give yourself big goals to accomplish and set strict timelines for them to be achieved.
- 5. Your negotiation skills always have you looking to make a deal
- 6. You’re are very good at following up with people so that you can get things moving beyond a conversation .
- 7. You don’t concern yourself with the past, you learn, move forward, and operate with the future in mind.
- 8. Always ideas, are coming up in your mind and analyze them to see if they are actually good ideas worth exploring.
- 9. Working hard and exploring different opportunities for position is within you.
- 10. Learning in order to improve your mind and skills is always what you look at.
- 11. You view money as a tool for freedom, not a source for outside validation.
- 12. You operate with a long-term vision in mind, rather than operating in the short-term (day-to-day).
- 13. You love learning about people and understanding their point of view.
- 14. You force yourself to learn new things and get out of your comfort zone.
- 15. You get anxious when you have nothing to do, you have to always have something going on.
- 16. You prepare yourself to meet opportunities, you don’t just wait for them to appear to you.
- 17. You aren’t afraid to fail because you believe it teaches you to learn how to get better.
- 18. Surround yourself with other ambitious people, boosts your energy.
- 19. Studying the behaviors and interactions of people in order to understand how to communicate with a diverse group of people excites you.
- 20. You hold yourself accountable and don’t make excuses.
The Details of Entrepreneurship
Let’s make it clear from the start. Entrepreneurship is about finding an opportunity and developing a strategy to produce successful results. This happens by combining together various actions that work together to produce big results.
A lot of first-time entrepreneurs confuse and idea with a business. An idea is definitely not a business. A business requires real products and services that enable financial transactions to take place. If you are not making money, but you call yourself an entrepreneur, you just have a hobby.
Read more about the signs when you are reading to become an entrepreneur at Singapore Company Incorporation.