The Characteristics Of Successful Entrepreneurs

The Characteristics Of Successful Entrepreneurs

According to Webster’s dictionary, an entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise. Entrepreneurs live in the future. The have creative personalities, are innovative, and thrive on change. But what makes an entrepreneur successful? A good deal is known about what is required to be a successful entrepreneur. An overriding factor found in most successful entrepreneurs is a tremendous need to achieve. Attitude seems to have everything to do with success in business, while factors such as intelligence, education, and personality are less significant.

The following attributes listed below are important characteristics of successful entrepreneurs.

An overpowering need to achieve, control, and direct

Usually this is measured by the individual’s internal ruler. They prefer environments where they have maximum authority and responsibility and do not work well in traditional structured organizations. This is not about power, though. Entrepreneurs have a need to create and achieve by having control over events.

Good Health

Successful entrepreneurs must work long hours for extended periods of time. When they get sick, they recover quickly.

Self Confidence

Findings showed that as long as entrepreneurs were in control, they were relentless in pursuit of their goals. If they lost control, they quickly lost interest in the undertaking.