Some are born as one; others grow into it. While their backgrounds vary, these risk takers share certain characteristics. If you relate to many or all of the following characteristics, and you have an idea you really believe in, consider yourself ready to join the entrepreneurial ranks.
Optimistic. The entrepreneurial road isn’t an easy one to travel. From a lack of funds to a small client list, new business owners face many challenges. Yet they tackle these obstacles and turn them into opportunities. Rather than moping over problems, they’ll find the silver lining and work hard to find solutions.
Independent. Starting a business is a huge responsibility. Those who do it successfully have the ability to work on their own, day after day. While they may be able to work within a corporate structure, they take pride in being their own boss.
Driven. Entrepreneurs want to succeed. They feel a strong need to achieve, and set goals to track their progress. Watching the business grow is rewarding; the profits that follow are a bonus.
Self-confident. Henry Ford, an accomplished entrepreneur, once said, “Whether you think you can or think you can’t, you’re right.” High levels of self-confidence go a long way when asking for a bank loan, sending out advertisements, or officially opening doors for business. When owners believe in themselves and their business, others take notice and react positively.
Disciplined. Entrepreneurs recognize the need to be on top of their game, 24/7. They regularly take time for exercise and eat healthy. They understand the importance of getting away and spending time with family and friends. Setting up a schedule puts them at their best, both personally and professionally.
Visionary. They carry out the daily tasks to run a business, but they don’t let the small things smother their dream. New business owners think about where they’ll be in the future. Setting five-year and ten-year goals helps them stay focused and ride out the bumps along the way.
Competitive. Whether they shot hoops or aced tests in school, entrepreneurs are often competitive in some areas of life. This nature flows into their business endeavors. It pushes them to do better each year and beat personal records.
Persistent. They don’t take no for an answer. Entrepreneurs don’t throw in the towel when problems arise. They work through the trouble spots and persist until they reach the level of success they’re satisfied with.
Risk Taker. Not everyone wants to leave the security of a monthly paycheck, benefits, and a Christmas bonus. Entrepreneurs are willing to take the leap out of their comfort zone. They’d rather seize they opportunity than wonder “What if?”
Feeling overwhelmed? You don’t need to excel in all of these areas to be a successful entrepreneur. Everyone, even entrepreneurs, has strengths and weaknesses. Focus on your strong points, and look for ways to work with your idiosyncrasies. When breaking out on your own, the most important thing to have is the determination to turn a dream into a reality. You’ll learn the rest as you go.