Elements Of Success For Aspiring Entrepreneurs
August 4th 2008 08:38
What characteristics must a successful entrepreneur have? Is one born with these entrepreneurial traits or can they be learned?
Douglas A. Gray, author of the best-selling "The Entrepreneur's Complete Self-Assessment Guide," lists some common characteristics of successful entrepreneurs, in which venture capitalists, psychologists, academics, and entrepreneurs themselves believe important to achieving success. Among these are :
* Continous goal-setting. This is the ability to set clear goal that are challenging but attainable. It involves continually re-evaluating and adjusting goals to make sure they are consistent with your interests, talents and values, as well as your personal or business needs. Rather than being content with reaching goals, successful entrepreneurs continue setting new goals to challenge themselves.
* Perseverance. The steadfast pursuit of an aim, persistence and continuing to strive for a goal despite temporary obstacles. It requires strong determination to reach goals regardless of personal sacrifice.
* Business knowledge. The entrepreneur must understand the basic principles by which a business survives and prospers. That means comprehending the roles management, partners, and employees must perform to maintain viable business.
* Dealing with failure. You may be disappointed but should not be discouraged by failure, it's part of life, and many successful entrepreneurs will attest - an invaluable part of the learning process. Learn from your failures and see setbacks as only temporary barriers to your goals.
* Self- determination. The belief that you control your success, not luck, circumstance or external events. It is the belief that you can achieve the goals you have set.
Douglas A. Gray, author of the best-selling "The Entrepreneur's Complete Self-Assessment Guide," lists some common characteristics of successful entrepreneurs, in which venture capitalists, psychologists, academics, and entrepreneurs themselves believe important to achieving success. Among these are :
* Continous goal-setting. This is the ability to set clear goal that are challenging but attainable. It involves continually re-evaluating and adjusting goals to make sure they are consistent with your interests, talents and values, as well as your personal or business needs. Rather than being content with reaching goals, successful entrepreneurs continue setting new goals to challenge themselves.
* Perseverance. The steadfast pursuit of an aim, persistence and continuing to strive for a goal despite temporary obstacles. It requires strong determination to reach goals regardless of personal sacrifice.
* Business knowledge. The entrepreneur must understand the basic principles by which a business survives and prospers. That means comprehending the roles management, partners, and employees must perform to maintain viable business.
* Dealing with failure. You may be disappointed but should not be discouraged by failure, it's part of life, and many successful entrepreneurs will attest - an invaluable part of the learning process. Learn from your failures and see setbacks as only temporary barriers to your goals.
* Self- determination. The belief that you control your success, not luck, circumstance or external events. It is the belief that you can achieve the goals you have set.
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