April 25, 2024

Cathedral of Praise

Maximizing Your Business Potential

Five Characteristics of Successful Entrepreneurs and Why They Are MAD

A successful entrepreneur has certain characteristics that compel them to succeed. They have an innate ability to push for a new way of life and are dedicated to that dream. Entrepreneurs move on a vision by taking action, and accepting full responsibility for the outcome. They are not conventional thinkers but innovators of new ideas.

Here is a list of 5 characteristics of a successful entrepreneur.

o Optimistic – Seeing situations in a positive way leading to positive outcome even when faced with a difficult situation. Successful entrepreneurs view difficult circumstances as opportunities while others may see difficulties as barriers or stopping blocks. Successful entrepreneurs see failed ventures as a learning experience and necessary in the trial and error of true optimization.

o Creative – Entrepreneurs are innovators and see day to day life as an endless means to develop ideas by creating value. By visualizing an idea and embodying that vision entrepreneurs create and market new ideas. The idea might be something as simple as packaging and marketing a rock known as the “pet rock” or applying glue on small pieces of paper and creating sticky notes. And now a days creating software that will save time and money.

o Energetic – Successful entrepreneurs are dynamic and driven by their ideas and are willing to do whatever it takes to make it happen. The drive that propels entrepreneurs is closely related to passion and enthusiasm and is displayed as unstoppable energy to succeed. A successful entrepreneur is 100{b5271943e17dd97dcded82632e818dabbc62c3d3bd5fa50d83532f0f6a236ecb} committed to his vision and has an intuitive belief in it.

o A Risk-taker – Diving into the unknown with full force and being unafraid to get completely immersed. Successful Entrepreneurs are synonymous with founders or someone who carved out a niche that never existed before.

o Manages Resources Optimally – Discipline and organizing resources to work for them successful entrepreneurs ask what is important and in what order and how to implement those resources. Change is a constant.

I believe entrepreneurs transcend the confines of tradition, opening individuals up to innovative styles of consciousness. They develop ideas and view those ideas as flexible. And by pitting those ideas against the rest of the world this helps them to create and better define their own values and goals. And through public perception they develop a positive spin debunking myths and creating unique selling points.

Lots of great ideas are out there. But it takes the alignment of ability and means as well as the desire to invest in those ideas to make them happen. So in closing successful entrepreneurs are M.A.D. or an acronym for having the means, the ability, and the desire.