A recent survey by Forbes magazine shows that most
of your readers would rather become a billionaire than
a Nobel Peace Prize winner, a great scientist or a famous athlete.
It’s no secret that most average people dream of
get rich, although very few make a real effort to become one.
According to statistics, more than 100 thousand people become
millionaires each year in the United States alone! Overwhelming
most of them are self-taught and business owners. This
means, if you want to pursue your goal of getting rich,
you have to start your own company.
Becoming an entrepreneur is not an easy task! there are certain
qualities that are absolutely necessary if you want
succeed in their business. Some of these
Qualities are integrated parts of your inherent personality, and
some of them develop over time. Knowing these
characteristics and identifying its weaknesses – those, which
you need to get stronger – eventually, it will help you become a
successful businessman.
1. Common sense
Studies show that the most successful businessmen consider common
sense as the foundation of your success. common sense is defined
as an ability to make sound judgments about issues, that you
encounter in everyday situations.
Good judgment depends on acquired knowledge and past experience.
The combination of these two creates necessary prerequisites in
develop common sense in a person. Common sense allows you
understand complex problems in simpler terms and get to the core
of a problem
2. Specialized knowledge of your field
It is easier to start a successful business if you have deep
knowledge of the field of business you decide to pursue. About
half of all home-based start-ups are started by people who decide
to use the knowledge, which they got from their previous job
experience of a particular niche area.
Philip Green, a billionaire who made his fortune with clothes
retailer, claims that the cornerstone of its success is its knowledge
of dealing. He, presumably, can price a cloth simply by rubbing
between his fingers. Just looking at a coat rack can
predict which ones will not sell next season. that’s the kind of
knowledge necessary to be successful in
entrepreneurship
About 45 percent of all startups fail to survive more than two
years. One of the main reasons is that many entrepreneurs do not
accumulate the necessary knowledge of the industry before jumping into the business
world.
3. Self-confidence
Self-confidence is a key business skill for success. Is
it’s easy to become demoralized, frustrated and resentful if you don’t have
self-confidence.
Self-confidence refers to how a person feels about their
ability. A successful businessman believes in his abilities. He is
not afraid to explore uncharted territory, take risks and take
difficult decisions.
Self-confidence, however, is not a personal trait that you
you have or not A person can have high self-confidence in one
situation and total lack in another. This is one of those skills.
that can be developed through training.
4. Ability to do things
Successful entrepreneurs are persistent and hardworking. They
master self-discipline to such an extent that if a job is important
and relative to their goals, they will eventually complete it.
Getting things done is the vital link between motivations and their
result. Sometimes employers force themselves to choose work
for fun, a boring job vs. a nice one, working on taxes
newspapers instead of reading a glamor magazine. This requires a
self-control that many people simply fail to develop in them.
5. Creativity
Creativity is the ability to use your knowledge and come to
new solutions to old problems, doing things in a different way
or find a totally different approach to conventional things to
work together. Entrepreneurs need creative thinking ability.
practically in everything. Every new product, every new marketing
method, every business decision – all these are fertile ground
for creative thinking.
Entrepreneurs often become immensely successful thanks to a
single creative idea!
6. Ability to lead
Successful entrepreneurs are able to lead people and obtain
work done by them. They use a combination of several methods:
effective motivation, planning, training and evaluation – to
lead people. They care about the well-being of others.
and gets along well with people.
7. Self-sufficiency
Successful entrepreneurs try to take full responsibility for
his actions. They know what they are today, and what
they will be tomorrow, they depend solely on themselves,
since it is the result of their own choices and decisions.
They are proactive people, who set goals, walk the extra mile
to achieve them and depend mainly on their own resources
and skills
If you want to check if your personality fits the
typical entrepreneurial profile, the following site has
questionnaire that will help you assess your entrepreneurial ability
skills:
[http://www.rateyourself.com/subject.cfm/Subject_ID/2]
If, even, you have all these great qualities and you feel
very sure of yourself, you will never know the good
an entrepreneur you are, unless you try! So he
The best way to prove your skills is to start a new
company!
