The 7 Best Characteristics Of An Entrepreneur

This is your chance to list what, in your opinion, are the most important attributes required by an internet entrepreneur…

Please share with the community your thoughts and your top 7 by commenting below and starting the discussion.

These are the words of the original post on this subject, but unfortunately after 100 viewings, nobody has suggested their own 7 best attributes. This leads me to believe that the subject is popular, but that people are looking for the definition of the attributes, but do not wish to share their own thoughts as yet.

It therefore falls to me to help the discussion along the way, by sharing with you my own thoughts regarding the 7 best attributes.

So here we go…

1. Imagination

This is the first requirement for any entrepreneur. Without this faculty it’s not possible to concieve of, and then formulate, a plan with which to accomplish the desired outcome.

2. Desire

The entrepreneur must have a burning desire, a passion, that will drive them forward, enabling the execution of the plan. Sometimes this may only be by small steps, at others, giant leaps forward. Definiteness of purpose mixed with a burning desire does not recognise failure.

3. Faith And Conviction

You must know that without faith in the plan, or in their own abilities, that the entrepreneur may fail at the first difficult hurdle. Remember, that the loss of one small skirmish does not mean the loss of the battle. The entrepreneur must remain focused and convinced that success is ultimately theirs.

4. Persistence

The entrepreneur must take persistent action to complete each small step of the plan. Form habits that are consistent with achieving their goals, and form a daily routine consistent with promoting the plan.

5. Knowledge And Adaptation

Knowledge is power, but only when used correctly. The entrepreneur will be continually garnering knowledge on their chosen niche, then implementing any new knowledge, through imagination, by incorperating it into the plan. To stay ahead of the game, it is necessary to learn then to adapt.

6. Courage

The entrepreneur must be able to control their mind to such an extent, as to banish indecision, doubt and fear. The first leads to the second thence to the third – Fear. While in this state of mind there is no doubt that their goals will never be achieved. Whether they aspire for financial, material, spiritual, or mental goals, the entrepreneur will need courage, determination and will-power. With these in control, fear cannot get a foot hold in their mind.

7. Generosity Of Heart

First give Before Receiving. This is a basic tenet of living a decent life. If the entrepreneur wishes to be recognised as a leader, then they must give of their knowledge. If you wish to have friends give of your friendship. Remember, you reap what you sow, so the entrepreneur must spread themselves wide and far.

With these characteristics there is no doubt the entrepreneur will succeed, but what is success. How do we measure success. Is it by the bank balance, good standing in society, admiration from your peers?

I think this quotation by Raplh Waldo Emerson sums up success nicely…

“To laugh often and much; to win the respect of intelligent people and the affection of children…to leave the world a better place…to know even one life has breathed easier because you have lived. This is to have succeeded.”

So now you have my thoughts dear readers, I would like to know yours, so please leave a comment. We all would benefit from the huge knowledge pool that is YOU!

Sincerely,

P.S.

Much of my inspiration is drawn from my recommended selection of books to the right, but my favourite has to be Napoleon Hill’s ‘Think & Grow Rich’. This link goes to google books and will allow you to read it online for free. Have a look, I’m sure it will inspire anyone whom aspires to be an entrepreneur.