Thursday 26 March 2015

6 traits successful entrepreneurs share

CNN Article

 They're persistent

- Launching a start-up is a marathon, not a sprint
-You'll inevitable come against failure on a daily basis.
-Some ideas work, more often they don't. you try, fail and try again. 

 

They're adaptive

- The start-up world can be a jungle.
- The most successful entrepreneurs have a keen ability to adapt to their habitat
-  Can change the inception of an idea to the final product if unforeseen problems arise (ie. the market changes)
-Willing to try another approach when something isn't working
-In start up world its called pivoting.

 

They're risk takers

- Entrepreneurs are, above all risk takers.
- They are willing to part ways with a job that offers a plush salary and benefit to pursue their idea or business, with no guarantee
- We hear
grandiose success stories, but we don't always hear about the long, tumultuous journeys that led them there

 
They're imaginative doers
- Entrepreneurs see the world differently.
- Where other people see problems, they see opportunities.
- But its one thing to have a great idea -- its a whole other thing to see that idea through.
- Successful entrepreneurs don't just dream, they're willing to go out and create solutions.

They're confident

- Trust your crazy ideas.
- Entrepreneurs face doubt, not only from others but also from themselves. It's those entrepreneurs who are confident enough to believe in their ideas, and stick with them, that change the world.

They're trustworthy

People don't invest in companies, they invest in people." Investors are constantly being pitched by entrepreneurs eager for capital. Before they can persuade someone to sign a check and infuse a startup's lean bank account, entrepreneurs must first convince the investor that they can be trusted

 

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