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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

How to Choose the Best Affiliate Programs for Your Blog

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers

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how to choose the best affiliate programs for your blog

Picking the right affiliate programs for your blog is really important. It can make a big difference in how much money you can make and how much your readers get out of your blog. With so many choices out there, deciding which ones to go with can be tricky. 

This guide is here to make it easier for you. It will give you clear steps and helpful tips to choose affiliate programs that fit well with what your blog is about, what your readers like, and what you stand for. 

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Understanding Affiliate Marketing

Before you start picking affiliate programs, it’s important to really understand what affiliate marketing is and how it works. 

Basically, affiliate marketing is when you promote a product or service on your blog, and then you get paid a little bit every time someone buys something or does something because you recommended it. 

It’s great for both the person selling the product and the blogger, because the seller gets more sales with low risk, and the blogger can make money from their blog.

How to Choose the Right Affiliate Programs for Your Blog

1. Assess Your Niche and Audience

The key to doing well in affiliate marketing starts with really knowing what your blog is about and who reads it. Consider the following:

  • Your blog’s content: What topics do you cover? Ensure the products or services you promote are relevant.
  • Your audience’s interests and needs: What solutions are they seeking? Choose affiliate programs that offer products or services that solve their problems or enhance their lives.

2. Research Potential Affiliate Programs

Once you know what your blog is about and what your readers want, start looking for affiliate programs. Choose ones that are well-known for good products, great customer service, and helpful support for affiliates. Resources to find these programs include:

  • Affiliate networks like ShareASale, Commission Junction, and ClickBank.
  • Direct searches for “[Your Niche] affiliate programs” in search engines.
  • Recommendations from other bloggers in your niche.

3. Evaluate the Commission Structure

The commission structure is a critical factor to consider. Look for programs that offer competitive rates that make your efforts worthwhile. Consider:

  • The percentage of commission per sale.
  • Whether the program offers a flat rate per action (e.g., per sign-up).
  • The cookie duration, which affects how long after a click you can earn commissions on sales.

4. Consider the Program’s Reputation and Sureness

Join affiliate programs with a solid reputation for quality and sureness. This not only ensures that you’re promoting good products but also that you’ll be paid on time. You can:

  • Read reviews from other affiliates.
  • Check the program’s history and background.
  • Look for any complaints or issues reported online.

5. Analyze the Support and Resources Offered

A good affiliate program gives you things like ads to use, training on their products, and helpful managers. Having access to these resources can really help you do a better job at promoting their products.

6. Understand the Terms and Conditions

Before signing up, thoroughly review the program’s terms and conditions. Pay close attention to:

  • Payment thresholds and methods.
  • Any restrictions on how you can promote their products.
  • The program’s policy on affiliate marketing on social media platforms.

7. Test the Product or Service

If possible, test the product or service before promoting it. This firsthand experience allows you to offer genuine charge and build trust with your audience.

8. Look for Recurring Commission Opportunities

Some affiliate programs pay you again and again for subscriptions or services that charge fees regularly. These can provide a more stable income compared to one-time sales commissions.

Implementing Your Choice

After choosing the best affiliate programs, the next step is to smoothly include your affiliate marketing in your content plan. This includes:

  • Creating valuable content that naturally incorporates affiliate links.
  • Disclosing your affiliate affairs transparently to maintain trust with your audience.
  • Tracking your results to understand what works best for your audience and adjusting your strategy accordingly.

Picking the best affiliate programs for your blog involves careful planning, research, and making sure they match what your audience likes and needs. 

If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers. 

The real key to doing well with affiliate marketing isn’t just about the products you talk about, but also how much your audience trusts and values your advice. 

With enough time, patience, and hard work, your blog can grow into a successful space that earns a good amount of affiliate money and helps your readers choose the right products.

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The Power of Ethical Leadership: How Integrity Drives Success

By leading with integrity and ethics, leaders create an environment where employees feel excited to come to work

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Ethical leadership

What differentiates a positive organizational culture that enjoys a clean reputation and long-term success from a toxic culture drowning in scandals, mistrust, and legal fines?  (more…)

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Crafting a landing page that converts is both an art and a science

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landing page hacks that generate leads

If you are in the online marketing world, you know the importance of a high-quality landing page. It’s like a secret sauce that can turn a casual user into a solid lead. I will walk you through ten great tips that have worked wonders for me and could do the same for you in creating landing pages that generate leads. (more…)

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An Easy to Follow 8 Step Strategy for Creative Problem Solving

A complete process of creative problem-solving encompasses finding problems, developing creative solutions, and implementing your solutions

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