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5 Qualities of Successful Entrepreneurs

Entrepreneurs - TBM Payroll, Glens Falls, NY

This article comes from Entrepreneur.

5 Qualities of Successful Entrepreneurs

Confidence, creativity, and people skills are additional must-haves for entrepreneurs. Yet there are other less-discussed attributes that separate the best entrepreneurs from those who will never own their own place, so to speak.

1. They aren’t put off by failure.

It’s one thing to get accustomed to hearing the word “no.” But entrepreneurs don’t just accept rejection: They look for ways to overcome it with effective communication and moxie. Plus, they don’t accept failure as an end but rather as a reason to pave a different path. In other words, they see possibilities, not barriers.

2. They sell from the heart.

Don’t mistake selling for talking nonstop about the greatness of your offerings to anyone within earshot. Certainly, you need to be the lead salesperson for your business, but you must temper your desire to hustle with the realization that people hate a hard sell. Wear your company’s vision on your sleeve, but remember that closing the sale will be much easier if you don’t push too hard.

3. They seek out mentors.

Mentorship is critical for entrepreneurs because mentors share vital resources and foster connections. Not sure how to find a mentor? Look first to the people you already know or are connected to in person or online. LinkedIn is a terrific place to forge contacts and make new friendships. Mentorships can be informal or formal, but all successful ones involve trust and honesty from both parties.

4. They banish distractions.

Founders live in a constantly changing environment filled with distractions. Smart ones learn early how to focus on what’s important and push the rest to the side. Without a doubt, some days will be filled with unexpected urgencies. However, the more you’re able to set boundaries, the better you can accomplish high-priority goals.

5. They live their purpose.

Is writing checks to local nonprofits the extent of your community support? It’s time to re-examine the way you think about charity and giving. For instance, if your mission is to support local businesses, everything you do should bolster your objective.

Worried that you might not have what it takes to be an entrepreneur? You might just be missing a few key building blocks. Look to the qualities that have made other founders stand out and add them to your own entrepreneurial blueprint. You may own the place sooner than you think.

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