Many people dream of being an entrepreneur. Visualize your business as a great success; allowing them to make enormous wealth, be the boss, have the freedom to come and go whenever they want and work how and when they want. If only this were reality, everyone would be entrepreneurs! Unfortunately, this is not the experience for most. On average, employers work harder and spend more hours than their employees, while taking much more risk.
The failure rate of new companies is estimated between 30 and 70 percent in the first two years.
few points of characteristics of the most successful entrepreneurs
Despite the obstacles, lots of people start new businesses every year. Some will have great success, some will be confused with sustainability and others will fail. While luck cannot be overlooked, the success of a new business is mainly due to the vision, effort and capacity of the founding entrepreneur.
Business owners who work hard are incredibly motivated to succeed. Adopting this mentality, and being able to demonstrate your motivation to an employer, is crucial.
Fortunately, demonstrating that you are very motivated is simple: "You have to introduce yourself to work every day with a positive attitude," .
Successful entrepreneurs have a clear vision of what their business will be and can concisely articulate their purpose, objectives and market position. They have identified (and can succinctly describe) who, what, where, when and why of their business
Persuasiveness can make you a better negotiator, which gives you an advantage when looking for a task, an increase or a promotion.
"There are times when you will need to convince a client, a co-worker or your boss to take certain measures, so you must be persuasive" when presenting your ideas.
Entrepreneurs remain tough when things get tough. They do not give up easily. They can accept rejection and are willing to learn from their mistakes. They are willing and able to adapt and modify their plan to succeed next time
You have to be able to adapt to changes in the workforce. "You may be hired for a specific set of skills, but it is important to be able to change as necessary," .
You want to be someone to whom your boss can go to hurry, so be prepared to address work that is outside the job description. It is also important to be one of the first to adopt new technologies and keep your skills updated.
Successful entrepreneurs have confidence in themselves and their businesses. They must believe in their ability and in their ideas. Every entrepreneur will face rejection along the way and successful entrepreneurs are those with the confidence to move on and recover after a setback.
As an entrepreneur, you should be able to adapt to change and solve problems as they arise. A good team player can change his priorities to help when the team needs assistance. Therefore, flexibility means being receptive to the needs, opinions and ideas of other people and having an open mind to the comments of your manager.
An entrepreneur must feel comfortable selling. Even with a sales team, the leader must be a network expert and be able to promote himself and his business to bankers, customers, suppliers and staff.
Smart entrepreneurs are not only brilliant leaders, but also great contributors, so you must be an effective team player. As expected, 78% of hiring managers look for candidates who demonstrate strong teamwork skills, according to the survey of the National Association of Colleges and Employers in Outlook 2017.
Ultimately, the use of entrepreneurial skills at work involves adapting to other people's work styles, avoiding office policy, celebrating the successes of their peers, meeting deadlines and putting their objectives first company.
Running your own business can be tremendously rewarding, but not everyone is prepared to be an entrepreneur. Before making the leap to entrepreneurship, ask yourself if you have what it takes to succeed. If you do, enjoy the journey.
Article published by Personality development course in Chandigarh