5 TRAITS OF SUCCESSFUL ENTREPRENEURS

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I have been involved with small business in some shape, form or fashion for most of my life. A lot of that time has been spent developing my own ideas, being a student of small business, and paying attention to the moves of some of the most influential entrepreneurs of our time. Sadly I have been unable to bottle this information and sell it as there is no magic formula for success, however, there is commonality. Though vastly different, successful entrepreneurs seem to exhibit some of the same characteristics. The following are my top five entrepreneurial traits.

How Do You See Your Glass

For the most part I’ve chosen to see the world through rose colored glasses. To be a glass half full kind of individual I believe it takes one part personality, one part faith in what you are working toward, and one part attitude. Successful entrepreneurs have learned to manage the negative environment around them, eliminating it if need be in order to remain focused on the positive.

It Takes Perseverance

I have always believed that a dream and some determination can take you a long way. Many would be surprised to learn that the journeys of some of their favorite entrepreneurs are tales of businesses that almost went belly up. Overnight success stories are often few and far between. Those entrepreneurs that succeeded often found themselves at the crossroads of success and failure and simply made the decision that failure was not an option. As a collegian one mentor gave me advice that I have leaned on over the years. “Most people give up just before they make it, so don’t give up.” Successful entrepreneurs have mastered the art of perseverance.

Crush the Box

How many times have you heard the saying, “Think outside the box”? The phrase has been so overused that it now just feels like a few motivational words strung together. Did the folks at Apple, Google, and now Uber simply think outside of the box or did they kick the box down the street and then jump up and down on it? Following in the status quo has rarely leant itself to greatness. Successful entrepreneurs are not afraid to be creative, different, innovative, or disruptive.

Stay True To ‘Your’ Dream 

Entrepreneurial dreams are like snowflakes . . . as no two are alike. Some business owners want to become wildly successful with all of the fame and fortune that comes with it. Some owners want only to change the world, while others want to create a businesses that offers them a certain quality of life. When I founded The Entrepreneur Café, LLC I had a strong desire to help entrepreneurs make more money, have more time, gain more control, and achieve more happiness and fulfillment from their work. Successful entrepreneurs have unique dreams, goals and objectives. The difference is that no matter how far-fetched their ideas might have seemed, these entrepreneurs found the courage to live their dreams on their terms.

Time for Some Action

Some of the greatest ideas ever invented no one has ever heard of. A primary reason for some of these unrealized ideas could be linked to the amount of effort applied to them. Just because you built it, that does not obligate others to come. One of my favorite quotes is from motivational speaker Les Brown. “At some point you have got to be willing to climb up on the roof and kick the ladder away.” Successful entrepreneurs understand that a plan without action . . . is simply an empty promise.

Cavanaugh L. Gray (cgray@ecafellc.com) is the Director of Business Development for The Entrepreneur Café, L.L.C and author of The Entrepreneurial Spirit Lives: 25 Tales To Help Entrepreneurs, Start, Grow, and Succeed In Small Business. For more information on how to start, grow and succeed in small business contact The Entrepreneur Cafe, L.L.C (877) 511-4820 or connect with us on FacebookTwitter or on LinkedIn.

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