An Entrepreneurial State of Mind

Published: July 9, 2019

You don’t necessarily have to be born with a specific set of traits to be successful as an entrepreneur. However, some important qualities that are common among most successful entrepreneurs include being passionate, imaginative, resourceful, and having a love for the industry you are in.

Here are a few other key traits that you can recognize, understand, and adopt within your own entrepreneurial endeavours. 

Be Optimistic

Where some people see a challenge, an entrepreneur sees opportunity. Successful entrepreneurs are confident and optimistic. They believe that a solution can and will be found for any problem they face in business (or life). They excel in recognizing a problem and then outlining all possible solutions. Rather than getting bogged down by the stress of a situation, relentless confidence and positivity allows them to get the job done no matter what the conditions.

Take Calculated Risks

The first time you started a business, you took a giant risk. Did you know for sure if it would work or if people would actually buy your products/services? You probably were not 100% positive, but you took the leap of faith anyways. Most serial entrepreneurs are ‘professional risk-takers’ and this is a huge driving force behind starting multiple ventures. A key thing to note, however, is that these risks are calculated, carefully planned, and are made to move a business forward in the right direction. As a ‘professional risk-taker’, it is important to refrain from making impulsive, spur-of-the-moment decisions

Get in the Game

In the spirit of taking risks, it is also important to actually be ‘in the game’. While some entrepreneurs have made their success by way of their education or slew of degrees, the majority have become successful by experience. Once the essential skills are learned, whether you are new to the game or a well-seasoned entrepreneur, it is important to put the skills into practice and, as Nike would say, “Just Do It”. You may fail, you may succeed, but the most important thing is that you learn!

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