Make It or Break It: 5 Traits Every Entrepreneur Should Possess For Success

traits of successful entrepreneurs

The term “entrepreneur” is thrown around a lot these days. But what does it mean exactly and how do you know if you are one? Is it just being a self-starter with the desire to start a new business or is it something more?

It turns out there are many qualities these self-starters share and you can learn from. Because, believe it or not, everything on this list is something which anyone can develop.

So, let’s have a look at five traits of successful entrepreneurs and how they help people who are looking to go into business for themselves.

Passion Drives Them

This one is a given, or at least it should be. Part of what makes entrepreneurs successful is how strongly they believe in and love what they are doing. It is hard to stay motivated about something you are “meh” about.

Starting a new business takes a lot of time and energy. There are going to be long hours setting up a marketing plan or trying to problem solve those little issues every start-up faces. Without passion, all the work and time needed to create a successful business is going to seem like a chore instead of an invigorating experience.

Plus, as we all know, when something you are passionate about succeeds, the feeling you get is better than any financial gain. Because it isn’t about the money. It is about breathing life into something they believe in with their whole heart.

Creativity Courses Through Their Veins

Entrepreneurs tend to see the possibilities all around them. They are natural-born problem solvers. They look at everyday objects and see ways to repurpose them so they can work as marketing tools to help businesses grow or ways to assist exciting industries.

They are not afraid of asking “what if” and tend to shun away from the “but that is always how it has been done” mentality. They dream big and are able to make those dreams a reality.

Plus, thanks to their creativity, they are often able to pull brilliant ideas out of nowhere and come up with more than just quick fixes. Even in big companies, you can tell who is an entrepreneur at heart. Look for the person who is coming up with ideas to make the workflow streamlined, help productivity, and increase the bottom line with ingenuity.

Determination Is Their Middle Name

One of the most important traits of successful entrepreneurs is that they don’t believe anything is impossible. Even if they have to create each and every tool needed to get something done, they are more than willing to roll up their sleeves and get to work.

More importantly, people with entrepreneurial spirits aren’t afraid to fail. In fact, it tends to make them even more passionate about what they are trying to do and their vision.

For them, failure is one step closer to success. They learn from what went wrong, head back to the drawing board, and get back to work. They aren’t afraid of tinkering with things to get the results they want; after all, it is all part of the process.

They Look On The Brightside

When you are starting your own business it is easy to get discouraged when things don’t get off the ground as quickly as you would like. It is easy to get frustrated when you put in a lot of work on building your dreams and then throwing in the towel when things don’t go exactly as planned. Instead of wallowing these feelings, successful entrepreneurs realize this is part of the process and try to figure out ways to turn it around.

Being optimistic that your ideas are good and worth exploring encourages action and keeps you from becoming stuck and inactive. It also helps you be persistent when you have a difficult task ahead of you.

The website Psychology Today examined why optimism helps entrepreneurs succeed when the odds seem to be stacked against them. They found that on top of just believing everything will work out for the best, optimistic people also tended to be more creative, determined, and resilient when it comes to dealing with setbacks. They also found that more often than not, even when faced with the statistics, those who were optimistic to a fault believed their ideas were going to succeed.

This sort of proves the old adage that if you believe it, you can achieve it.

They Take Risks

Going into business for yourself is a risky undertaking. And while it is okay to be a little scared, truly successful small business owners aren’t willing to let a little fear stand in their way.

Instead of letting fear keep them stuck, they look at it as just one more thing to on the path to success. If they can conquer their fear and take the leap they have already overcome the first obstacle standing in their way, their own self-doubt.

Once again it boils down to optimism and perception. Instead of seeing the challenges and risks, they see opportunities and potential. They see the rewards waiting for them, not just the hurdles along the way.

Traits of Successful Entrepreneurs

The five traits of successful entrepreneurs on this list just scratch the surface. There are literally dozens of other we could have added: great communication skills, quirky personalities, strong work ethic, etc. However, one thing is certain at the core of what makes them successful is a strong and underlying belief they will be.

If you think you have what it takes to be a successful entrepreneur, get in touch with us about starting your own franchise of a cleaning service today.