You might have heard from different notable personalities that failure is not an option. I at this moment would like to disagree with them humbly. I believe that failure should be an option because, when a person fails, he tries and if he fails again he tries again, and this keeps on moving and propagating a person ultimately, the failure keeps you moving on towards better and the best. It always smells like a blossom and sounds easy whenever we talk about doing any business or being an entrepreneur.

Everyone could be a business personnel, but this is for sure that most of us are still unaware that what it takes to be an entrepreneur? Because anyone could not be an entrepreneur. Sometimes it literally sounds like a kid’s play whenever people are talking about entrepreneurship or sometimes claiming that they themselves are a successful entrepreneur without having a proven track record and struggle.
This is actually most of us are being taught these days. Whereas, entrepreneurship, in reality, is totally a different perspective of doing business. I personally believe that entrepreneur is a state of mind of a person who is capable of doing business.

I recently watched out a meme over the internet where a father was explaining the entrepreneurship as follows: “Entrepreneur! that is what my jobless son thinks he is!”

Wasn’t that irony? Isn’t it? :p

I have seen many people starting businesses in practical with vast and massive investments but very few of them succeeded as successful ventures in the market whereas, I have seen much passionate personnel starting businesses with no investments later ending on a successful business chains in the market. Actually, an entrepreneur is someone who is capable of revolutionizing the business model with his creativity for generating revenue.
And, we all know that this isn’t possible without having a certain commonalities. Search it over the internet; you will find all the details about the most successful entrepreneurs of this era. To be honest, you will necessarily find some commonalities in all of them and most of the commonalities must be regarding either the skills or the personality traits.

This article is being penned down to discuss the most common but amazingly impressive personality traits of successful entrepreneurs of this era, and I am pretty sure that after reading this you might start feeling a spark of entrepreneurial creativity in yourself. So, without wasting any time let’s dive into it and discuss the 20 different personality traits of a successful entrepreneur and find out what characteristics are common to them?

Loaded With Determination

Entrepreneurship demands a personality full of determination towards the work and work procedures. You might face different types of situations in various times let it be financial, social, economical, etc. And, in such cases, you might find yourself feeling demotivated. Also, that is the cliché time where you have to be strong for sure. Always be determined with your work plans and missions this will surely make you go places in the world of business.

Be Passionate

Passion is something scientifically and mentally proven that it will make you things do literally out of this world. It was obviously a result of the passion that we are using even such things like keyboards, mouse, smartphones and many other tangible and intangible things that are still uncountable and even sometimes unmeasurable as well. The question is why and how you will get passion? Apparently, it isn’t available on any superstore from where you can buy some for yourself. I believe, it is the willpower, the sense of achieving the things. When you plan bigger, you distribute it in different achievable and when you start achieving one by one you got yourself more motivated… Exactly, this is the passion. The force that keeps you moving on with no fear.

Afraid Less From Failure

You must have seen many blogs talking that never afraid of failure. Does that mean that never afraid to get failed and get failed, every time? No, a big no on this thinking. It is a must, and it’s a part of human nature that we are afraid of failure. But, every person has its own ability to absorb the shock of failure. So rather than getting afraid of failures, one should start learning the failure management skills and learn that how can he overcome and cope with the disaster of failures. Let it be the professional or even the personal life!

Take Risks

Many of us are aware of the term ‘Risk appetite’ is actually the amount and type of risk one can take in order to meet the strategic objectives he planned. Everybody has their own level of risk appetite; some may take bigger risk very bluntly whereas you can find many people in the same pool who are even afraid to bear risks of the micro level. So it’s obvious, and it varies from person to person, but those who are more successful in business are surely bigger risk takers.

Always Be Confident

Confidence is actually believing in yourself that you are able of doing something. But, it should be on realistic figures for e.g., one can have wondering fantasies with pure confidence that one day he/ she will become the most successful businessman of this world which sounds a bit unrealistic practically. You should believe yourself and your ideas because no one else will does this for you. You need to prove yourself with your confidence that you can do it!

Creative Thinker

Thinking out of the box and out of the way is one of those characteristics you will find in common with all the top level and successful entrepreneurs of this world. Thinking creatively depicts your problem-solving skills with generating result-oriented solutions to those problems, and it is obviously understood that problems could be of any nature.

Think Strategically

A good and a potentially successful entrepreneur will always think strategically. We all know that any business is nothing without a strategy because the execution of a business plan depends upon your strategic planning. As strong and sustainable your strategy is as flourishing results you will be going to observe in the resultant. Successful businessmen always think and plan in many steps and from different view angles before drawing a final layout for the accomplishment of the goal. This is what we call strategic planning, and this is what strategy is all about!

Ultimate Negotiating Skills

This is for sure that whoever is going to be a successful entrepreneur of this world he/ she must be an amazing negotiator because negotiating is the process which plays a vital role while making up the deals in the business. And, since the entrepreneur himself has to be the business developer at early stages and he had to be really awesome with his negotiating skills. It is apparent in our real lives also that the one who’s good with his negotiating skills is a much better business person comparatively to the one who is not good.

Extra Awesome Communication Skills

In business, everything can be sorted out with good communication. The more good communication skills you have, the more you are successful, and it’s not just about your own employees but the dealers and clients as well to whom you are doing good business. I have personally seen many crucial situations being created within the organizations just because of the lack of communication. So it is a must that the leader of all employees who is utilizing them should be really good in this skills so he can understand and address the issues in a better way.

A Good Money Manager

Exceptional expense managing and accounting skills are one of those essentials traits you may find an entrepreneur because as discussed earlier here, entrepreneurship is all about generating revenue and from generating the revenue to reinvesting the revenue for more revenue one must have to be very wise and clever in managing the expenses of an organization. Entrepreneurs are not just money makers they are money manager as well they need to manage the incoming and outgoing of the cash flow within the organization.

A Good Presenter

Many people are still confused with this characteristic; they think that it means that a person who is fully suited and booted in black is the only presentable person, this is wrong. Whereas, the reality is totally opposite to what it’s been understood in general. A good presenter is someone who can stand fearlessly in public and pitch his idea or whatever he thinks. Here, good communication skills are essentially important about which we have already talked earlier because it is obvious that a person who is presenting something should be enough good with his communication so that he could easily transfer and transmit to the general audience that what he thinks.

Always Be Self-Motivated

Self-motivation is something that no one is going to do for you, believe me, no one! You have to manage yourself and make yourself capable for such situations that you keep yourself motivated. You have to be a self-starter who is always ready to take any challenge and able to solve the problems. It also shadows a positive effect to your workspace and co-workers as well because when they see such a workaholic and a passionate guy who is always ready to take on the challenges, your team will also feel motivated while doing their work.

Being Good Leaders

If you are working at any good or notable organizations, then you must have personally experienced that there is a visible difference between being a boss and being a leader. A boss will always say “DO” whereas a good leader will always say “LET’S DO!” This is the actual core difference between being a nasty boss who is always cursed by the employees comparatively to being a good leader who is always praised and respected by his employees and other people of the workspace.

Don’t Afraid To Learn

The successful entrepreneurs know that they don’t know everything because it is practically impossible as well. Never getting afraid to learn is one of the most highlighted personality characteristic and skill from the list of entrepreneurial traits. A successful entrepreneur will always be finding and looking for new opportunities, new ideas and new tools to learn because he is fully aware that the more he learned, the more he earns!

Always Be Supportive

You don’t need to feel like a general of an army if you are an entrepreneur, in fact, you can look out the internet to find out that how supportive, down-to-earth and friendly the most successful entrepreneurs of this era are. You will almost find this personality trait common in every emerging entrepreneur, i.e., they are always supportive of everyone. It is understood that when you are supportive of your people they are always supportive towards you and this supportiveness means extra productivity and extra creativity in the work which ultimately results in having greater revenue.

Multi-Tasking

Again, without any doubt multi-tasking is one of those personality traits you might have observed in the most popular entrepreneurs of today’s world. It is not uncommon that you could have seen an entrepreneur using two smartphones or two computers at the same time that is because the role of an entrepreneur demands to be a multi-tasker and perform different types of tasks at the same time. You must have seen many entrepreneurs working on different projects simultaneously that is because they are great multi-taskers.

Remain Focused

Till now, you are fully aware that entrepreneurs are really busy people buy to achieve their strategic goals they had to remain focused throughout their career because if the defocused themselves from the mission than everything is going to be ruined. A successful entrepreneur must stay focused on the business objectives despite all the other things happening around. This is for sure that without focus, the entrepreneur would fail.

Always Be Adaptable

Great adaptability skills give you the ability to respond quickly and effectively to any critical situation. This trait could be easily found in the popular entrepreneurs of this age because adaptability also allows you to make decisions, navigate you out easily from troubles and thrive into any type of working or business environment. If entrepreneurs didn’t have the ability to adapt the ship of ventures and businesses might sink and drown into the oceans.

Networking Expert

I personally found that most entrepreneurs I have met yet almost all of them were amazing networkers. Successful entrepreneurs are amazing in making new relationships with new people, and I guess that it is one of their most apparent personality trait that they are always eager to build new relationships and add notable professional in their networks. If you want to be an entrepreneur, then you should also start attending the socializing events to increase your network and build up a strong relationship.

Always A Good Seller

If you are good at selling you are surely an entrepreneur because selling and salesman spirit are one of those personality traits I have always personally observed and studied in almost all entrepreneurs. To be a successful business owner you must know that how to sell and promote? And without any doubt, it is an essential part of being an entrepreneur.

Verdict!

After having a look at all of the mentioned personality traits I am hopeful that you would start digging out if you have any of them and if you really have even a single one of them then you should immediately start polishing it without wasting a bit of time because you must know that successful entrepreneurs are amazing Time Savers as well and they always know how to utilize skills and resources at the same time to generate fruitful results for the company or the organization.

What are your thoughts after knowing these 20 personality traits of successful entrepreneurs? Do let us know in the comments below why you liked or even hated this write-up, constructive criticism is always welcomed! :)Author Essa John is a passionate blogger & these days a blogging monster at TitaniumGeek!