Monday, 17 February 2014

Traits of a Successful Entepreneurs

Tenacity ~ you have to be able to live with uncertainty and push through a crucible of obstacles for years on end.
Passion  ~fuelled by a passion for their product or service, by the opportunity to solve a problem and make life easier, better, cheaper.
Tolerance of ambiguity ~ risk-taking--the ability to withstand the fear of uncertainty and potential failure. 

Vision ~ability to spot an opportunity and imagine something where others haven't. Entrepreneurs have a curiosity that identifies overlooked niches and puts them at the forefront of innovation and emerging fields. They imagine another world and have the ability to communicate that vision effectively to investors, customers and staff.

Self-belief ~ Self-confidence is a key entrepreneurial trait. You have to be crazy-sure your product is something the world needs and that you can deliver it to overcome the nay sayers, who will always deride what the majority has yet to validate.

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