What Qualities Are the True Tokens of Successful Entrepreneurs?

by Mr C. R. Bolden

We would all like to know what qualities are the true tokens of successful entrepreneurs? Entrepreneurs are people who have what it takes to start and succeed at their own businesses. They have a dream. It can be anything from wanting to make a living from a hobby to wanting to find a way to spend more time with their families. Along with their dreams comes the foresight to see a need for something or a problem that needs solving, and finding a way to supply that need or solve that problem.

They visualize success. They spend a great deal of time “seeing success.” If the goal is to spend more time with family, the entrepreneur sees himself or herself working at home. They never stop using this visualization process: It keeps goals shining brightly, and for the entrepreneur, there are always new goals to reach for.

They’re good listeners and observers. By listening to what people are saying and observing what they’re doing (or not doing), the entrepreneur identifies what people want. Lots of people. Aki Morita, who founded Sony, got the idea for the infamous Sony Walkman when he got tired of listening to teenagers blasting music from their boom-boxes. He knew he wasn’t the only one bothered by the noise.

They also listen to advice. They read books and listen to motivational CDs. They stay psyched up for success by learning new skills and staying on top of technology. They present the possible downsides, providing the business owner with some new ideas to think about as they develop their business plan.

They’re good organizers. They do research, find out what others in similar businesses are doing, and find mentors who can help them figure out what steps they need to take to begin reaching for their goals and dreams. They find out how much money they need, what kind of equipment is essential, and if they will need to hire people or can go it alone. Ultimately, they consider all of the information and advice they’ve gathered and make their own decisions, taking the best ideas from each source.

They’re focused. Once the course is charted, the work begins. There will be phone calls, e-mails, and paperwork. There will be days when nothing goes right, and when obstacles seem insurmountable. But because entrepreneurs are, above all, problem solvers who love a challenge, they have the courage and perseverance to keep going.

They don’t believe failure is an option. To be successful in your own business, you must believe 100% that you will succeed at what you are doing. You must believe that your idea is really a good one that will help other people or make the world better in some way. You must have faith in your own ability to make things happen.

They have self-discipline. In fact, many put in more hours and work harder than they did when they were someone’s employee. Running your own business doesn’t mean that you can mosey down to your home office at 10 AM, go to lunch at noon, and take the afternoon off. Just like at a regular job, entrepreneurs work hard. But it’s easier to put in the extra hour or two when you have a passion for what you are doing, a roadmap for where you’re going, and the confidence that you will achieve success.

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