Ten Traits of a Successful Entrepreneur By Peter Jason Riley
GOAL-DRIVENThe more focused the company is on producing what itmakes best, the more likely it will succeed.
CUSTOMER-FOCUSED Withoutcustomers, you can’t build a business.
TEAM ORIENTED Most successful entrepreneurs recognize that they can’t build or run their business alone.
SKILLS-ORIENTED The entrepreneur is committed to employees’maintaining their skillsby providing on-going educational opportunities.
TECHNO-KNOWLEDGEABLEThe entrepreneur must possess some knowledge about technology and take the initiative to hire individuals who can implementtechnology plans and programs.
GLOBAL THINKINGUnderstand the trendsand economic & legalissues that have animpact on internationalmarkets and products,as well as localcustoms.Understanding howcompanies similar toyours operate in otherparts of the world canprovide valuableinformation that maybe put to use in yourown business.
FLEXIBLE MINDED The successful entrepreneur is sensitive to the changingmarketplace, competitor strategies, and customer preferences and adapts products or services accordingly.
BOTTOMLINE ORIENTED Making money – and profits –requires managingmoney successfully.
SOCIALLY RESPONSIBLE Being sociallyresponsible can also contributeto a company’s success.
FUTURE ORIENTED Successful entrepreneurs don’t get overwhelmed or consumed by day-to- day problems. They have a vision for the future of their company and make an effort to understand the trends and forces that will impact their ability to achieve that vision.