Many entrepreneurs share similar characteristics and traits because they are passionate about the work they're doing and the product or service they have started.

1. P R E S E N T E D B Y B R E T T S C O T T
10 Common Characteristics
Of Successful
Entrepreneurs

2. Know your product and it's market inside and out. This allows you to
better advertise and market to your targeted audience. Before you can
go any further with as an entrepreneur, you have to know your product
or service as well as you know yourself.
Know What You Offer

3. Understand that opportunity can
arise from any event or
situation.
New ideas are generated daily;
things may evolve or change.
Look at everything and focus it
towards the end goal.
Open-Mindedness

4. You must be dedicated from the
beginning.
Look at defeat as an opportunity
for future success.
Believes nothing is impossible.
Disciplined
Dedication

5. People who are
unable to motivate
themselves must be
content with
mediocrity, no
matter how
impressive their
other talents.ANDREW CARNEGIE

6. THE fundamental trait of entrepreneurship.
Impacts many aspects, including building and implementing a prototype
and pitching your idea to investors.
Constantly researching and looking at ways to get better.
Ready and willing to put in extra working hours.
Passion

7. Prepared to jump into a project
with an uncertain future.
Willing to risk time and money,
while also reserving resources
to the unknowns.
Asks whether the risk is worth
the time and money, and what
will happen if it doesn't pan
out.
Not Afraid To
Take Risks

8. Before a venture begins to make
any revenue, capital is limited
and needs to be utilized wisely.
Realize the importance of a
money management plan for
present and future financial
obligations.
Even once revenue is climbing,
keep a complete handle on cash
flows.
Money Management

9. It is okay to
have all your
eggs in one
basket as long
as you control
what happens to
that basket.ELON MUSK

10. Requires more than simply
collecting business cards and
emails.
Ability to build value-based
relationships.
Always go into a relationship
thinking about what you can do
for them before thinking about
what they can do for you.
Strong
Networking
Skills

11. Need to respond quickly to any
changes.
Allows you to thrive in more
difficult environments.
Learn to adapt to new, trending
ideas.
Welcomes all suggestions for
optimization and customization.
Adaptability

12. Being capable of making
connections between seemingly
unrelated events or situations.
Repurpose products to market to
new industries.
Come up with new solutions to
problems.
Look for solutions of possible
future problems.
Creativity

13. Doesnt ask questions; knows they
will succeed.
Confident in their knowledge and
skills.
Understands that big challenges
breed big rewards.
Focuses on the finish line and
end reward rather than the
challenge at hand.
Self-belief