The document outlines 20 traits of successful entrepreneurs, including that they are not afraid of failure, are willing to take risks, are persistent, and are focused. Successful entrepreneurs also have strong communication, money management, and organizational skills. Additionally, they are creative thinkers, adaptable to change, self-motivated, and continual learners.

1. The 20 Golden Traits of Entrepreneurs
1. Not Afraid of Failure
Talk to successful entrepreneurs and most will tell you that success
didn’t come to them on their first try. If your first entrepreneurial effort
fails, don’t give up. Like other successful entrepreneurs before you,
success might not come until your second or third try. As Biz Stone, co-
founder of Twitter, said, “Timing, perseverance, and ten years of trying
will eventually make you look like an overnight success.”
2. Risk Taker
Risk-aversion is an entrepreneur killer. Success comes to those who
aren’t afraid to take leaps of faith, but make sure your risky decisions are
made with an eye to facts, effects, and likely outcomes. In other words,
take “intelligent” risks.
3. Persistent
Good things come to those who wait, and patience is critical to
entrepreneurial success. Be persistent and don’t give up too soon.
4. Confident
If you don’t believe in yourself and your ideas, no one else will. You
need to show people that your entrepreneurial endeavors are poised for
greatness, so they’ll jump on board with you.

2. 5. Creative and Strategic Thinker
Successful entrepreneurs are innovative and think many steps ahead in
terms of laying out goals and a strategy to reach those goals. Immediacy
is important but avoid being too short-sighted and missing the bigger
picture that helps you avoid future problems and leads to long-term
success.
6. Organized
Entrepreneurs with great organizational skills, who are capable of
managing all of the various parts and pieces of their businesses, have a
much greater chance at success than disorganized entrepreneurs.
7. Planner
Simply reacting won’t lead to entrepreneurial success. Instead, you need
to be proactive and create a plan to reach your short- and long-term
business goals. Planning is critical.
8. Negotiator
As a business is developing, entrepreneurs must negotiate with a long
list of people and organizations. Entrepreneurs who hone their
negotiation skills are in a much better position to succeed than
entrepreneurs who lack these skills.
9. Communicator

3. Successful entrepreneurs are good at interacting with and
communicating with a wide variety of people. Suppliers, customers,
employees, business partners, and investors make up just part of the list
of people entrepreneurs need to connect with, build relationships with,
and communicate with in order to be successful. If your communication
skills are below average, start improving them now.
10. Able to Manage Money
Entrepreneurs are not just profit-oriented, but they’re also money
managers. They need to manage incoming and outgoing cash flows and
ensure the business is capable of staying afloat. Many entrepreneurs also
need to be able to attract and retain investors. A high comfort-level with
money management is extremely important if you want to be a
successful entrepreneur.
11. Adaptable and Flexible
Not only do successful entrepreneurs know how to adapt and wear many
hats on a daily basis, they also know that change is inevitable. They’re
ready for change and navigate through changes seamlessly.
12. Self-motivated
To be a successful entrepreneur, you must be a self-starter that is always
ready to take on any challenge and complete any task. They can be
called workaholics with a never-ending supply of ambition and personal
drive. That self-motivation also motivates the people around them.
13. Self-promoter

4. Getting an entrepreneurial effort off the ground requires self-promotion,
and the most successful entrepreneurs are not shy about promoting their
efforts to anyone they meet. Their advocacy knows no bounds.
14. Continual Learner
Successful entrepreneurs understand that they don’t know everything.
They’re constantly searching for new opportunities, new tools, new
ideas, and so on. The more knowledge they acquire, the better.
15. Delegator
Successful entrepreneurs know they can’t do it alone. When the time
comes that they need help, they find skilled people and delegate tasks
and authority.
16. Supportive
A positive environment filled with employees who believe in the
entrepreneur’s vision will help drive the entrepreneur to greater success.
Therefore, entrepreneurs who foster supportive and positive workplaces
are well-positioned to achieve the success they want.
17. Passionate
Entrepreneurs who possess and exude a passionate belief in their
entrepreneurial efforts will naturally be self-starters and self-promoters
with supportive workplace environments. If you’re not consumed with
passion for your entrepreneurial endeavor, your chances at being

5. successful are limited.
18. Accepts Challenges
Successful entrepreneurs don’t back away from challenges. Instead, they
face those challenges head on. However, they don’t dive into a challenge
before analyzing them to ensure they’re worth the time and effort.
19. Multi-tasker
It’s not uncommon to find a successful entrepreneur using two
computers, a smartphone, a tablet, and a landline all at the same time.
Furthermore, he or she is actively working on multiple projects, but
everything is going smoothly. That’s because successful entrepreneurs
are great multi-taskers.
20. Focused
As you’ve learned from the 19 character traits listed above, successful
entrepreneurs are busy people and they have a lot going on at all times.
However, they must stay focused on the business’ objectives at all times,
too. Successful entrepreneurs can stay focused despite all of the other
things happening every day. Without that focus, entrepreneurs would
fail.

6. successful are limited.
18. Accepts Challenges
Successful entrepreneurs don’t back away from challenges. Instead, they
face those challenges head on. However, they don’t dive into a challenge
before analyzing them to ensure they’re worth the time and effort.
19. Multi-tasker
It’s not uncommon to find a successful entrepreneur using two
computers, a smartphone, a tablet, and a landline all at the same time.
Furthermore, he or she is actively working on multiple projects, but
everything is going smoothly. That’s because successful entrepreneurs
are great multi-taskers.
20. Focused
As you’ve learned from the 19 character traits listed above, successful
entrepreneurs are busy people and they have a lot going on at all times.
However, they must stay focused on the business’ objectives at all times,
too. Successful entrepreneurs can stay focused despite all of the other
things happening every day. Without that focus, entrepreneurs would
fail.