Characteristics of Successful Entrepreneurs

Four Primary Characteristics:-

Passion for the Business

The number one characteristic shared by successful entrepreneurs is a passion for the business. This passion typically stems from the entrepreneur’s belief that the business will positively influence people’s lives.

Product/Customer Focus

A second defining characteristic of successful entrepreneurs is a product/customer focus. An entrepreneur’s keen focus on products and customers typically stems from the fact that most entrepreneurs are, at heart, craftspeople.

Tenacity despite Failure

Because entrepreneurs are typically trying something new, the failure rate is naturally high. A defining characteristic for successful entrepreneurs’ is their ability to persevere through setbacks and failures.

Execution Intelligence

The ability to fashion a solid business idea into a viable business is a key characteristic of successful entrepreneurs.