4 great qualities you will find in most successful entrepreneurs
March 24, 2017
“Being an entrepreneur is not a job, it's a lifestyle. It defines you. Forget about vacations, about going home at 6 pm - last thing at night you'll send emails, first thing in the morning you'll read emails, and you'll wake up in the middle of the night. But it's hugely rewarding as you're fulfilling something for yourself” - Niklas Zennstrom.
This quote by Niklas, a Swedish entrepreneur, sums up an entrepreneur’s life in just a few words.
‘Want to become a successful entrepreneur who gets things done? Stop relying on emails and switch to ProofHub.’
Entrepreneurs are responsible for everything going on in their business. It takes a lot of hard work, courage and patience to turn a startup into full fledged enterprise. This is why entrepreneurs behind the most successful organizations possess certain set of skills that take their business to new heights.
In this post, I have put forward 4 qualities the most entrepreneurs have in common. And I am sure you would love to inculcate these habits in your life to boost the aspirations of becoming a successful entrepreneur. So let us take a look at what those habits are -
Since our childhood, our parents have been telling us the quote by Benjamin Franklin "Early to bed and early to rise, makes a man healthy, wealthy, and wise". Now even research has proved this quote to be true. According to a research by Roehampton University, early birds are happier, healthier and slimmer than night owls.
Another study carried out by Christopher Randler, a biology professor at the University of Education in Heidelberg, Germany, says that early risers are able to do better in business since they are more proactive than their evening counterparts.
Some of the examples of successful people who are early birds include Tim Cook, the current CEO of Apple, Richard Branson - Founder of Virgin Group and Hint Water, founder Kara Goldin.
In his book, “Business @ the Speed of Thought: Using a Digital Nervous System”, Bill Gates has talked about risk-taking. He says, “To be a market leader, you have to have big goals. You can’t just look at the past or the current state of the market. You also have to look at where it’s likely to go, and where it might go under certain circumstances, and then direct your company according to your best predictions”.
So, entrepreneurship and risk-taking go side by side. An entrepreneur has to take risks for business growth. But not without forgetting the fact that it’s crucial to make sure risks are calculated in order to prevent any huge losses in future.
CEO of SpaceX and Tesla Motors, Elon Musk had started reading two books on daily basis since he was a teenager, says his brother Kimbal Musk. As per Esquire’s interview, Elon read numerous books on rocketry and propulsion before starting SpaceX.
In Musk’s Reddit AMA interview, the entrepreneur wrote, “It is important to view knowledge as sort of a semantic tree — make sure you understand the fundamental principles, i.e. the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang onto”.
This shows Elon’s deep thinking about gaining knowledge. Successful entrepreneurs know the importance of keeping themselves updated on latest industry trends for business growth and innovation. And so should you, if you want to become the alpha male of the industry!
After launch of News Feed in Facebook, Mark Zuckerberg got to know about privacy concerns of the social networking site’s users. He made sure to solve the issue as soon users were provided the option to customize their privacy levels.
In a book, Mark Zuckerberg: Facebook Creator by Marcia Amidon Lusted, Mark is quoted as, “The question I ask myself like almost every day is, 'Am I doing the most important thing I could be doing?' ... Unless I feel like I'm working on the most important problem that I can help with, then I'm not going to feel good about how I'm spending my time”. Needless to say, for Mark, problem solving is a critical aspect of business.
Irrespective of the type and scale of their business, entrepreneurs must possess the above skills to achieve best results. If you are also into entrepreneurship, imbibing the above four qualities will do wonders for you. Firstly, focus on the qualities you lack, if any and then work on making others stronger.
Remember, ultimately what matters is to work continuously towards improvement to see your business flourish.
About The Author
Sandeep Kashyap is the Founder of ProofHub - a leading project management and collaboration software. A passionate leader, Sandeep is always on the lookout for innovative ideas about filling the communication gap between groups, teams and companies. He is also a featured writer on LinkedIn and a contributing author at YourStory. You can connect with him on Twitter, Facebook, and LinkedIn.
Also follow our company page @ProofHub to get the recent updates about our tool, published articles, motivational quotes & presentations.