Tuesday, August 21, 2007

The 7 Traits of an Exceptional & Successful Entrepreneur

How often have you either referred to or considered the
expression, "Success is a journey and not a Destination?"
Probably many times, yet often being in a hurry to get
there, we forget that success is not an end unto itself,
but is instead an ongoing process.

Though some people seem to have the Midas touch and easily
turn everything to gold, most of us have to give our
endeavors lots of time, effort and the sweat of our brow
before seeing things come to fruition. The simple truth is
that the majority of us are simply not born leaders, but
become leaders by who we are and the actions we take.
Consequently, whether or not you're an established
entrepreneur or just starting out on your journey, there
are particular traits you'll usually find operating within
the exceptional entrepreneur. In fact there are 7
particular traits you'll generally discover deeply embedded
within the exceptional and successful businessperson.

If you've already taken the plunge as an entrepreneur, you
know that it takes a great deal of planning, development
and strategic marketing to succeed. At any given time,
there are changes to be considered and new directions to
examine. In which case, whether you're the CEO, CFO, Chief
Marketer or Chief Solutions Officer of your company, your
journey to success is probably full of trials and
tribulations.

To support you in your journey to success, be willing to
open your mind and sense of reasoning as you consider
whether these traits are part of your driving force. If
they are not yet ingrained within you, I recommend that you
give them some thought.

THE 7 TRAITS TO SUCCESS

1) Successful Entrepreneurs Gain the Respect of their Peers
One of the first and most obvious characteristics you'll
see operating in an exceptional entrepreneur is an
equitable and unbiased disposition . Plain and simple the
successful entrepreneur recognizes that no one is above or
below. With an attitude of respect for others, the
successful entrepreneur gains the respect from everyone
they encounter. Strategies, attitudes and methods filter
down to each person and reflect on all actions and
activities. A successful entrepreneur gives everyone the
space to be great. No matter how effective or beneficial
your expertise, becoming a successful entrepreneur requires
building up of your character muscles, traits and habits,
which correspondingly make your dreams a reality.

2) Successful Entrepreneurs Believe and Trust in Themselves

The savvy entrepreneur is good at trusting his or her own
ideas and instincts. Starting out as an entrepreneur
requires persistence, determination and a high level of
self-discipline. Continuing as a successful entrepreneur
requires even more persistence, determination and
self-discipline. The wise and successful entrepreneur
knows this and works hard at developing their level of
confidence. If you have a strong code of ethics and
believe in yourself, then your ideas can work. Having the
desire and passion are the first steps on your journey;
getting there requires believing in yourself.

3) Successful Entrepreneurs Follow a Plan

The successful entrepreneur follows a plan. Haphazard or
trial and error have no place for the triumphant
entrepreneur, for no one gets to his or her destination
without a map or a guide to follow. That doesn't mean you
won't go off course if another road seems better, but it's
still more effective to have a plan in place. Most
successful entrepreneurs start out by writing a basic
business plan that acts as the impetus and guide for their
endeavors. It doesn't have to be fancy or lengthy but it
should include marketing strategies, goals, intentions,
ideas and why you can do better than your competition. A
business plan should be reviewed and updated periodically
for each new idea stirs and inspires other ideas.

4) Successful Entrepreneurs Think Creatively

Successful entrepreneurs are not afraid of thinking
creatively. Whether a business idea has already been tried
makes no difference to the exceptional entrepreneur. He or
she sees better ways of doing things and knows that every
idea can be expanded upon, made better, enhanced or
broadened . The successful entrepreneur is willing to think
outside or the proverbial box, which means using
imagination, trying new things and expanding on a vision.
The savvy entrepreneur pays careful attention as to whether
a particular strategy is working. If after giving it his
or her best shot the entrepreneur realizes the particular
strategy isn't working, they know there's no point in
continuing to invest energy, time and effort in the
strategy. They move on to another approach and idea.

5)Successful Entrepreneurs Explore Their Exceptional Skills

Successful entrepreneurs realize that we each have our
strengths and weaknesses as well as a multitude of skills
and talents. Successful people ask themselves often what
skills they have that no one shares in quite the same way.
An exceptional and successful entrepreneur explores their
particular skills until they find the ones that match most
closely with their ideal. They don't try to be and do
everything. If the successful entrepreneur needs help,
they're willing to find someone who can do it better, and
allows in the support. The successful entrepreneur stays
open to change for they recognize that as they move
forward, doors open in unexpected places that carry them to
their next level of success.

6) Successful Entrepreneurs Envision Their Success

The successful entrepreneur gives time to envisioning how
they want their business to look and how they want it to
be. Intention is a powerful and dynamic tool. For those
who are not inclined towards intention and visualization,
talk to a successful athlete and you'll discover that
before each sporting event, the successful athlete
envisions exactly how he or she wants things to turn out.
Imagine what it will feel like when you've reached a
particular set of goals. Get in touch with the feelings,
you'd have as a successful entrepreneur. Practice and
conceive of the sense of empowerment and the joy of having
succeeded. The successful entrepreneur knows they have the
power to live life the way they want, but to make it a
reality, they know it has to be seen first.

7) Successful Entrepreneurs Never Give Up

Giving up is never in the vocabulary of the successful
entrepreneur. Of course there may be days when a
successful entrepreneur feels discouraged or disappointed,
but giving up is not an option. Having faith, trust,
confidence and determination are the qualities needed for
the successful entrepreneur. To keep their focus on track,
they seek out the support of those that know them,
encourage them and bring out their natural enthusiasm. The
smart and successful entrepreneur realizes that there will
be good days and not so good days. Being a successful
entrepreneur requires accepting the ebbs and flows of
business for it is in fact what separates the exceptional
and successful entrepreneur from the one who gives up far
too soon.


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Robert Moment is an innovative small business coach,
speaker and author . Robert specializes in teaching
entrepreneurs how to start a small business that profits
and grow. Visit http://www.howtostartyoursmallbusiness.com
and take the FREE Small Business Coaching 7 day e-course
titled, "Turn Passion into Profits: Small Business
Startups".

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