Characteristics of an Entrepreneur

Many mistakenly believe that being a successful entrepreneur you have to have $ and power. True you do need those things to start a business albeit at different levels, however, they usually forget about the non-tangible things you need to be successful. The following are 10 of those non-tangibles. Feel free to add.

1. Courage
a. People have an innate fear of failure
b. It takes guts to step out and do it
c. Failure to plan is a plan to fail

2. Action Oriented
a. They want to produce results immediately
b. Getting off your butt and doing it
c. Just Do It Affirmations

3. Success Oriented
a. Many people are ambivalent about success
b. Subconsciously wish to sabotage the whole thing
c. No is ands or buts about it

4. Perception of Opportunities
a. Abel to see the unfilled need around them
b. Spot opportunities
c. Excited about everything positive outlook

5. Moderate Risk Taking
a. Prefer taking moderate calculated risks
b. They set goals to achieve that are rather high and challenging but attainable and realistic
c. Right above their comfort level

6. Goal Setting
a. Set goals that are consistent with their interest, values and talents
b. Trust their judgment regardless of what others think
c. They are naturally competitive with themselves and their past achievements

7. Long-Term Perspective
a. Tolerated considerable amounts of frustration and delay in need gratification
b. Devoted a lot of time and effort to achieving goals
c. They think both short and long term

8. Continuous Goal Setting
a. Never content with their initial successes
b. They always set a new challenge even when they have achieved their first goal

9. Reality Orientated
a. Intellectual honesty and are ready to confront facts squarely
b. They know when they are wrong or made a mistake
c. They correct the situation

10. Motivated and Energetic
a. Work long hours
b. Little sleep
c. They are determined and single minded