What makes an entrepreneur successful? What do you need to have in order to succeed in business? Here are quotes from successful entrepreneurs themselves on the qualities of successful entrepreneurs:
The point is, you can’t keep doing the same thing and expect it to keep working. We had to do something different, but the really hard question was, What is it? We made plenty of mistakes along the way to answering that question, but the most important thing we identified was that we needed to know more about our customers and what problems they were really trying to solve in their businesses–even if they didn’t neatly fit into an existing category of ours.
One of the things that really define an entrepreneur is you get punched in the stomach over and over and over again, and you just have to show up the next day and keep it going. It really is just persistence.
I was not an overnight superstar, but I was willing to work and willing to learn, and that paid off for me. Every change I made was a small step forward, and as long as I took more steps forward than backward I felt as though I was making progress. I learned that if things weren’t working for me, I had to change, and not expect others to change. But the single greatest lesson I learned was that it takes courage, not confidence, to build a business.
The biggest lesson I’ve learned is to trust my instincts. Go with your gut and respect what your instincts tell you. I’ve seen the truth of this play out so many times in a lot of different situations. The truth is that while you can (and should) do all your research and due diligence and analyze all your options, in the end it comes down to taking a leap of faith and trusting yourself.
Your willingness to risk failure is the only real measure of your desire to be rich. Failure is a prerequisite for great success. If you want to succeed faster, double your rate of failure.
There is a direct relationship between the level of risk and the likelihood of loss in any enterprise. Successful entrepreneurs are those who analyze and minimize risk in the pursuit of profit.
Whatever you practice over and over becomes a new habit. You can develop the attitudes, abilities and qualities of happiness and success by repeating them until they are firmly entrenched as part of your personality.
Your ability to persist in the face of adversities, setbacks and disappointments is your measure of your belief in yourself. Persistence is the iron quality of success; if you persist long enough you must eventually succeed.
There are only two kinds of entrepreneurs. One is full of doubt and the second one is a liar! Self-doubt is a sign of intelligence, it’s not a sign of stupidity or cowardice or inappropriateness. You’re cognizant that there are threats and things that might go wrong, as opposed to being delusional.
You have to be your own evangelist. This is not to say that every entrepreneur is this kind of shuck and jive, bizdev, smooth-talking person. But, there is, I think, a minimum of communication ability that’s absolutely essential.
Most entrepreneurs don’t have a grand, long-term vision for the product or service that they’re building. At the start, the right attitude is, “It would be cool if…” rather than “Someday this will all be ours.” Megalomaniacs are seldom enchanting or successful.
There will be lots of downs. Do your best to fight tooth and nail to survive. And if you don’t survive, if you have worked damned hard, don’t get down about it. There’s a lot of successful entrepreneurs who have picked themselves up and started again.
Read the following articles on qualities of successful entrepreneurs:
- 10 Qualities of Successful Entrepreneurs
- 20 Qualities of Successful Entrepreneurs
- 10 Secrets of Successful Entrepreneurs
- What are the Talents of Successful Entrepreneurs?
- 10 Common Traits of Successful Entrepreneurs
- What You Need to Do to Become a Successful Entrepreneur
- 6 Skills Every Entrepreneur Need to Succeed
- 10 Secrets of Successful Entrepreneurs
Books and eBooks on Qualities of Successful Entrepreneurs:
- INSIGHTS: Reflections from 101 of Yale’s Most Successful Entrepreneurs
- Fundamentals for Becoming a Successful Entrepreneur: From Business Idea to Launch and Management
- Entrepreneurial Mindset: 20 Common Beliefs, Characteristics And Habits Of Highly Successful Entrepreneurs (Entrepreneur Mind & Success Mindset)
- Successful Entrepreneur : 11 Tips On How To Become Millionaire And Escape 9-To-5
- ENTREPRENEUR: The 25 TRAITS of ALL Successful Entrepreneurs (Competitive Advantage)