Abhishek Sengupta

Entrepreneur | Author | Podcaster

Eight Traits Of Successful Entrepreneur

Eight Traits Of Successful Entrepreneur

Pic Courtesy - Unsplash

Journey of entrepreneurship is quite challenging. It is full of ups and downs. Entrepreneurs need to be disciplined to make this a great. Success of entrepreneurs depends on traits he or she follows. If the entrepreneur follows good traits, he or she becomes successful and vice-versa. These traits are quite common with all successful entrepreneurs.

I have mentioned here eight traits which are seen in successful entrepreneurs.

1. Work smart: Work hard is a common phrase. But successful entrepreneurs stress on working smart. This is the real key. Working smart is quite different from working hard. Instead of working for long hours and stressing too much, smart work gets the work done with minimal time lapse. This increases the efficiency of the process as well. Smart work leads to optimum utilization of the available resources. This fast track the work of the company. Smart work is a boon as it uses the resources to the most efficient way.

 2. Get Mentored: Mentoring is an important part of the entrepreneurship journey. Mentoring acts as a handholding for the journey. It is needful to say that entrepreneurship journey is full of ups and downs. Mentors are highly experienced persons of the industry. They have a lot of ups and downs. An entrepreneur can learn a lot from their experiences. Mentorship is a blessing in business journey. Most of the time mentors are well connected people. They can get an entrepreneur connected to a lot of people.

3. Collaborate: Collaboration is the key. Entrepreneurs must not miss an opportunity to collaborate with others. Collaborations are generally win-win. Collaborations are the steps of business growth. Collaborations are great ways to gain business. These collaborations are the blessings for turnover of the business. Many a times collaborations help to come out of a difficult situation. One must be open to collaboration with win-win aspect

4. Punctual: This is a great professional trait. This imparts a professional impression on people. This makes outside stakeholders prefer a person. This also shows the seriousness about the task. Punctuality is a discipline as well.

5. Create Trust: Trust is the only factor which wheels the business. It is said customers pays for trust not for the product. Creating trust is the main moto for the business. Entrepreneur takes a lot of pain to build trust factor in the business. This is the first challenge an entrepreneur must tackle. Creating trust eases out many difficulties and roadblocks.

6. Optimistic: An entrepreneur is always optimistic. Business is full of ups and downs. It is like “peaks & valleys” in the words of Spencer Johnson. Being optimistic is another important criterion for entrepreneurs. They have more failures than success. Inspite of so much hardship being optimistic really matters, its paves the way for success.

7. Stick with problems longer: Problems come every now and then, so it is important for the entrepreneur not to skip the problems but to solve those well. This at times take a lot of time. Inspite of a hard exercise it is quite important to stick with the problem and solve it. This creates a real essence of business.

8. Gain Knowledge: Learning is most important factor for success. This helps an entrepreneur to know the latest happenings and new business concepts. This is the step which keeps him or her ahead of time. Knowledge helps in right implementation in business. This habit is quite common with all successful people across the globe.

These eight trends help an entrepreneur to have his journey of entrepreneurship properly.