The 7 Best Characteristics Of An Entrepreneur

[ 18 Sep 2009 | No Comment | ]

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This is your chance to list what, in your opinion, are the most important attributes required by an internet entrepreneur…

Please share with the community your thoughts and your top 7 by commenting below and starting the discussion.

These are the words of my original post on this subject, but unfortunately after 100 viewings, nobody has suggested their own 7 best attributes of an entrepreneur. This leads me to believe that the subject is popular, but that people are looking for the definition of the attributes.

It therefore falls to me to help the discussion along the way, by sharing with you my own thoughts regarding the 7 best attributes. So here we go…

1. Imagination
This is the first requirement for any entrepreneur. Without this faculty it’s not possible to concieve of, and then formulate, a plan with which to accomplish the desired outcome.

2. Desire
The entrepreneur must have a burning desire, a passion, that will drive them forward, enabling the execution of the plan. Sometimes this may only be by small steps, at others, giant leaps forward. Definiteness of purpose mixed with a burning desire does not recognise failure.

3. Faith And Conviction
You must know that without faith in the plan, or in your own abilities, that the entrepreneur may fail at the first difficult hurdle. Remember. that the loss of one small skirmish does not mean the loss of the battle. Remain focused and convinced that success is ultimately yours.

4. Persistence
Take persistent action to complete each small step of the plan. Form habits that are consistent with achieving your goals. Form a daily routine consistent with promoting the plan.

5. Knowledge And Adaptation
Continually garner knowledge on your chosen niche, then implement any new knowledge, through imagination, by incorperation into the plan. To stay ahead of the game, it is necessary to adapt and to lead.

6. Courage
You must be able to control your mind to such an extent, as to banish indecision, doubt and fear. The first leads to the second thence to the third – Fear. While in this state of mind there is no doubt that your goals will never be achieved. Whether you aspire for financial, material, spiritual, or mental goals, you will need courage, determination and will-power. With these in control, fear cannot get a foot hold in your mind.

7. Generosity Of Heart
Give Before Receiving. This is a basic tenet of living a decent life. Giving makes two people happy

With these attributes there is no doubt the entrepreneur will succeed, but what is success. How do we measure success. Is it by the bank balance, good standing in society, admiration from your peers?

I think this quotation by Raplh Waldo Emerson sums up success nicely…

“To laugh often and much; to win the respect of intelligent people and the affection of children…to leave the world a better place…to know even one life has breathed easier because you have lived. This is to have succeeded.”

So now you have my 7 best characteristics of an entrepreneur dear readers, I would like to know yours, so please leave a comment. We all would benefit from the huge knowledge pool that is YOU!

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