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Success Advice

12 Ways To Know If You Have What It Takes To Be A Real Entrepreneur

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what it really takes to be an entrepreneur

Successful entrepreneurship often involves certain personality traits. While some of these entrepreneurial traits can be learned, or at least improved upon, the most successful entrepreneurs tend to be those who are born with these traits.

Do you have what it takes to be an entrepreneur?

Go ahead, ask yourself if you have the following traits.

 

1. You Have A Never Ending Passion

Successful entrepreneurs almost always have a visceral passion about what they are doing. In fact, it often consumes them to the point they are thinking about it all the time and working on it even when they sleep. Moreover, it’s almost never just about making money.

 

2. You Serve As a Fountain Of Ideas

The best entrepreneurs are those that continuously spawn great ideas. This is because relatively few ideas, even great ones, actually pan out to be great money makers.

Does anyone remember the Lisa computer? This was a complete flop by none other than the great Steve Jobs! While this genius’s hardware and software failures are rarely mentioned, there were many of them. The point is, your creations aren’t always going to be perfect but if you are able to weave a lot of ideas, some are bound to be a success.

 

3. You Aren’t Afraid To Work Hard — Really Hard

Having great ideas is not enough. It takes an enormous amount of work to turn a great idea into a profitable endeavor. Appropriately, Thomas Edison, one of the greatest entrepreneurs of all time, is famous for saying,

“Genius is one percent inspiration, ninety-nine percent perspiration.”

 

4. You Never Like To Give Up

Successful entrepreneurs tend to be people who easily recover from failure and just keep on persevering until they ultimately succeed! There are almost always significant snags and hurdles in any project. Most people get so discouraged by these, they end up discontinuing the project before they finish it.

Entrepreneurs are so motivated they find a way to solve these no matter how difficult.

 

5. You Have a Willingness and Ability To Learn From Everyone

Entrepreneurs tend to be people who are good active listeners. They are open to ideas from anyone regardless of their background or training. They don’t tend to be people who think you have to have a college degree or special training to figure something out. Some of the best ideas for equipment used in water have come from fishermen, not engineers.

 

6. You Are Often a Calculated Risk Taker

Entrepreneurs understand that no idea is a “sure thing” and taking a calculated risk, whether that be an investment of money or time, or both, is almost always necessary to carry forward great ideas. When Jeff Bezos quit his cushy high paying job on Wall Street and made his famous 3000 mile car trip from New York to Seattle to found Amazon, he took a calculated risk… and we all know how well that one turned out!

 

7. You Are Able To See the Big Picture

Henry Ford represents this trait well. While the car and the assembly line had already been invented, Henry Ford was able to see the big picture and knew that the real profit would come from using an assembly to mass produce cars so they would be affordable to a much wider demographic. In other words, under his guidance, the car went from a tiny niche market to one of great mass appeal.

 

8. You Can Keep Up With The Times

Entrepreneurs are always on the look out for the next big trend so they can meet the needs of that growing market.

While Apple did not develop the first mp3 player, it was the first company to fully realize the marketability of it and understand the features users would most want.

 

9. You Are Intelligent

While you don’t need an IQ to match Albert Einstein, the most successful entrepreneurs tend to be people with well above average intelligence. This doesn’t mean you can’t be “ordinary” in other ways and it doesn’t mean you need a college degree. In fact, some of the most successful entrepreneurs are college dropouts, Steve Jobs and Bill Gates to name just two.

 

10. You Are Not Afraid To Ask For Help

Most entrepreneurs know when to ask for help. They can self-identify their strengths and weaknesses and know how to surround themselves with people who will complement their strengths and compensate for their weaknesses. This also often extends into their personal life since it often takes a very supportive significant other and/or family and friends to succeed.

 

11. You Have The Ability To Finish Things

Many people have great ideas and start developing them but never seem to finish them. Entrepreneurs have an exceptionally high will, drive, and ability to get things done.

 

12. You Have An Infectious Excitement

In order for an idea to turn in a profitable venture, other people must buy into it. This potentially includes investors, partners, and employees. It always includes buyers. Therefore, the best entrepreneurs seem to know how to let their infectious excitement for the project rub off on other people.

 

While having the 12 traits described above are not absolutely mandatory to successful entrepreneurship, they are traits shared by many of the most famous and most successful entrepreneurs of all time.

 

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I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

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Success Advice

20 Ways You Can Become a Powerful Communicator

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Emile Steenveld Speaker and Coach

Some people seem to naturally know how to effectively communicate in a group setting. They can express themselves clearly and listen attentively without dominating the conversation.

Being a powerful communicator is important for several reasons, including building and maintaining relationships, achieving goals, resolving conflicts, improving productivity, leading and influencing others, advancing in your career, expressing yourself more confidently and authentically, and improving your mental and emotional well-being. Effective communication is an essential life skill that can benefit you in all aspects of your life.

But, don’t worry if you don’t naturally possess this skill, as effective communication is something that can be developed with practice, planning and preparation.
 

1.  Listen actively: Practice active listening by giving your full attention to the speaker and responding to what they are saying.

 

2. Use “I” statements: Speak from your own perspective and avoid placing blame or making accusations.

 

3. Avoid assumptions: Don’t make assumptions about what the other person is thinking or feeling.

 

4. Be clear: Express your thoughts and feelings clearly and concisely by getting to the point and avoid using jargon or overly complex language.

 

5. Show empathy: Show that you understand and care about the other person’s feelings.

 

6. Offer valuable insights: When speaking in a group, provide a valuable takeaway or actionable item that people can walk away with.

 

7. Be an active listener: Listen attentively and respond accordingly, incorporating your points into the conversation.

 

8. Choose the right time: Pick the most opportune time to speak to ensure that you have the group’s attention and can deliver your message without interruption.

 

9. Be the unifying voice: Step in and unify the group’s thoughts to calm down the discussion and insert your point effectively.

 

10. Keep responses concise: Keep responses short and to the point to show respect for others’ time.

 

11. Avoid unnecessary comments: Avoid commenting on everything and only speak when you have something important to say.

 

12. Cut the fluff: Avoid being long-winded and get straight to the point.

 

13. Prepare ahead of time: Sort out your points and practice them before speaking in a group.

 

14. Smile and be positive: Smile and nod along as others speak, to build a positive relationship and be respected when it’s your turn to speak.

 

15. Take responsibility: Take responsibility for your own actions and feelings.

 

16. Ask questions: Ask questions to clarify any confusion or misunderstandings.

 

17. Avoid interrupting: Allow the other person to finish speaking without interruption.

 

18. Practice active listening: Repeat what the other person said to ensure you have understood correctly.

 

19. Use your body language too: Use nonverbal cues such as eye contact, facial expressions, and body language to convey your message and build rapport.

 

20. Be aware of the tone of your voice: it should be calm and assertive, not aggressive or passive.

 

By keeping these tips in mind, you can improve your communication skills and become a more powerful communicator, which can help you build better relationships, achieve your goals, and lead a more fulfilling life.

I you want to learn how to become more confident in life then you can join my weekly mentorship calls and 40+ online workshops at AweBliss.com so you can master your life with more success.

 
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Success Advice

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You’re the manager. You’re the supervisor. You’re the leader. But maybe your people don’t see it that way

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A blueprint for CEOs to draw a disciplined strategy

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Strategic thinking helps CEOs build successful businesses. It helps them establish everlasting enterprises. It is one of the key elements of decision-making. It is different from strategic leadership. It differentiates between leaders from managers.  (more…)

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How to Focus Your Mind on Your Goals in 2023 Constructively

In this world of distractions due to information overload, it has become a big challenge to focus our minds

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In this world of distractions due to information overload, it has become a big challenge to focus our minds on positive aspects and constructive activities. Sometimes we waste our precious time mentally and physically due to distractions arising out of technology. We must understand our priorities and learn how to focus on them religiously. (more…)

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