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3 Qualities of a Standout Entrepreneur

Posted on 5 April, 2013

The life of an entrepreneur is tough. Constant stressors combined with the lack of sleep and total devotion to the business can create a dangerous cocktail for the individual. It takes a certain type of person to persevere through the non-stop chaos and emerge successful on the other side with an operational, profitable business.

If you’re thinking about starting a business or you recently launched a company of your own, you probably have just the right balance of craziness and common sense to motivate you in the process. But what separates the successful entrepreneurs from the failures? And how can you optimize your chances for success?

Read on for three key characteristics every entrepreneur should embody and adjust your approach to business accordingly.

Patience

When it comes to starting a business, the magic isn’t going to happen overnight. The process of turning a single idea into a full-fledged operation will take many months – and almost certainly longer than you anticipate. With a detailed business plan and a flexible approach, you will eventually see the progress you envisioned, but it takes enormous patience not to give up when everything is moving at a turtle’s pace.

Kindness

Kindness goes a long way towards accomplishing your goals. Even when the next step feels impossible, a genuine smile can improve your outlook and the general mood of those around you. Don’t let the stress of opening a business turn you into a barking drill sergeant. Remember to keep some perspective. You’ll find in life that you catch more flies with honey so use kindness to your advantage and be the type of leader you’d want to follow if the roles were reversed.

Determination

You won’t get anywhere as an entrepreneur if you don’t have the drive to see things through to the end. Anyone can come up with a good idea and a business plan, but the rest of the process requires passion and persistence. Launching a business takes the kind of hard work that only the most determined entrepreneur has the energy for. Luckily, you only need to push through the hardship for a matter of months before you’ll start to see results. Once your business begins to succeed, you’ll find the motivation to continue putting in the ongoing effort.

It’s true that not all entrepreneurs will embody these personality traits to the fullest, but those who wish to be successful in business would be wise to rethink their priorities. Ultimately, patience, kindness, and determination will make a business owner more likely to succeed and reap the rewards of entrepreneurship.

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