I will be the first to admit- I never imagined myself owning a business. I knew that I loved business, I wanted to work, but carving out my place in the working world involved a bit of trial and error. In many ways, I stumbled in my industry and I am so thankful to have found a job I love and a career I am extremely passionate about every day. I definitely made mistakes along the way, but was given some great advice by people I really respect who are entrepreneurs. Each stressed upon certain character traits—which essentially will form you and your brand—which I now understand are non-negotiable for entrepreneurs who want to succeed. They are:
Analytical thinking- The job of an entrepreneur puts you in the position of being your own boss. You need to be able to analyze information as well as be able to use logic to address issues and problems related to work. Being able to see the whole picture and then breaking it down into doable goals is very important.
Dependability- You must prove you are reliable and trustworthy, as being an entrepreneur requires being dependable and responsible.
Initiative- In this job, it is important to take it upon yourself to take that first step. You must be ready and willing to take on challenges, responsibilities, and be ready to work twice as hard.
Integrity- You must, must, must have good integrity—it’s essential. No one wants to do business with someone they can’t trust. Sometimes that means missing a sale or passing on a good opportunity because it doesn’t feel right, but trust me: it will pay off in the long run when your client sees that you have integrity.
Leadership- As an entrepreneur you need to be a leader. Others will look to you for direction and stability and you need to embrace that role and provide guidance and opinions. You need to keep calm, delegate, and remember that everyone has something to contribute—I’ve learned so much from the people around me, and vice versa.
Persistence- At the beginning of your journey you may feel like you are constantly being knocked down. Don't give up! Be persistent with your dreams and goals and eventually you will succeed.
Stress Tolerance- Being an entrepreneur can be a very stressful job, and often times your work becomes your life and life becomes your work. You need to learn how to balance the stress so you don’t carry it into your relationships.
I’d love to hear your thoughts—does anyone disagree? Can you succeed in running a business if you lack any or all of these? In my opinion, it would be tough but I am sure there are exceptions. But for me, I remind myself of these daily to keep in check.
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