Top qualities of superior entrepreneurs

3 min read

Career Trends: August 13, 2022
Curated by the Knowledge Team of ICS Career GPS

Every entrepreneur knows that they need others to succeed, so they seek to surround themselves with people in positions they would like to emulate.

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Being a successful entrepreneur means more than starting new ventures every other day. It means the right attitude towards a business and the determination and grit to achieve success. A successful entrepreneur has a strong inner drive that helps them to succeed. Nevertheless, there are notable common traits among those who embark upon their path.

Even if your business is successful, entrepreneurship comes with a mix of inspiring days and challenging days.

Life as a business owner will be riddled with challenges, obstacles and hurdles that you’ll need to overcome in order to achieve the success you desire.

If you’re someone whose business isn’t where you want it to be or you’re frustrated by a recent setback, do not view this as a list of things you’re lacking.

Here are some essential qualities driving entrepreneurial success:

1. A willingness to fail

  • Being afraid to fail is a common affliction.
  • At its heart, it’s about having a light shone on our perceived inadequacies.
  • We fear failure because we perceive the threat of “social death.” We worry we’ll be cast out because of our lack of utility and value.
  • But as entrepreneurs, you have to be willing to fail. You must take our best shot and learn from what doesn’t work.
  • Every entrepreneur is not only comfortable with that notion, but they embrace it, understanding that it’s part of the journey.

2. Critical thinking skills

  • Like the first trait, critical thinking enables entrepreneurs to break free of herd mentalities.
  • It is the ability to assess information and judge it on its merit before acting on it.
  • Every entrepreneur is adept at assessing information.
  • They have an instinct for it that they trust with a clarity of vision, guiding them towards their goal.

3. Clarity of vision

  • A lack of connection with the outcome tends to trip most people up when embarking upon a new venture.
  • This manifests itself in lots of different ways.
  • Usually, self-sabotaging behaviours like procrastination slowly creep into our minds.
  • This is because our subconscious fights the change our conscious wants to enact. It fears change because it represents the unknown and wants to stay near safety.
  • Every entrepreneur needs to create a clear vision for what they want to achieve.

4. Leverage over themselves

  • What sets an entrepreneur apart is their utter faith and emotional connection to their desired outcome.
  • They know that they will always be moving towards that goal regardless of setbacks.
  • How? Because they have enough leverage over themselves, the thought of not always progressing towards their desires is more unacceptable than giving up.

5. Strong communication

  • Every entrepreneur knows that they need others to succeed, so they seek to surround themselves with people in positions they would like to emulate.
  • Without good communication skills, it’s impossible to paint an accurate target for others.
  • If you want others to understand your passion, drive and leverage, you must communicate that.
  • Strong communication is a quality that every entrepreneur must possess.

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(Disclaimer: The opinions expressed in the article mentioned above are those of the author(s). They do not purport to reflect the opinions or views of ICS Career GPS or its staff.)

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