Characteristics of Successful Entrepreneurs

Studies have shown that successful entrepreneurs possess these characteristics: 

1. Self-confidence - This is that magical power of having confidence in oneself and in one's powers and abilities. 

2. Achievement Oriented - Results are gained by focused and sustained effort. They concentrate on achieving a specific
goal, not just accomplishing a string of unrelated tasks. 

3. Risk Taker - They realize that there is a chance of loss inherent in achieving their goals, yet they have the
confidence necessary to take calculated risks to achieve their goals. 

Entrepreneurs are people who will make decisions, take action, and think that they can control their own destinies.
They are often motivated by a spirit of independence which leads them to believe that their success depends on raw
effort and hard work, not luck. 

So which of these three main characteristics is the most important? Believe it or not, it has to be self-confidence.
Without self-confidence, nothing else is possible. If you don't believe in your abilities, then the first challenge
that arises may knock you off the path to achieving your goals. Here are a few things to keep in mind for maintaining a
higher level of self-confidence. 

Positive Thinking 

Well, it all starts with a positive attitude, doesn't it? Believing that something good will happen is the first step.
Negative thinking simply is not allowed. You must truly believe that there are no circumstances strong enough to deter
you from reaching your goals. Remember too, that positive thinking can be contagious. When positive thinking spreads,
it can open doors to new ideas, customers, friends, etc. 

Persistent Action 

Now all of the positive thinking and believing in the world is useless if it is not applied towards a goal. You have to
take action, no excuses are allowed. This action must also be persistent. Trying once and then giving up is not going to
be enough. Keep at it one step at a time. If you can't get by a certain step, then find a creative way to try again or
just go around it. 

At the beginning of this article we identified a few traits that are common among successful entrepreneurs. You should
be able to look ahead and see yourself where you want to be. Now just maintain a strong belief in yourself and your
skills, stick with it, and don't give up. If you can do that, you're already half way there!