A Dozen Characteristics Essential for Entrepreneurs #1

By examining the five phases or levels of entrepreneurship we gain a better understanding of the fundamentals that distinguish ordinary entrepreneurs from the extraordinary ones. And we begin to notice certain traits that are common to all successful entrepreneurs.

While – quite naturally – individual entrepreneurs have many unique traits that are not common to other entrepreneurs, all entrepreneurs do share a kindred spirit, a certain type of constitution and outlook, and a special drive and willingness. Rather than elaborating on the many differences within this broadly diverse demographic, it is more helpful to look at those aspects of similarity

Here are 12 characteristics that are found within all successful entrepreneurs – and without which most people will fall short of what it takes to succeed in an entrepreneurial enterprise.

#1) Confident 

Confidence is a hallmark of the entrepreneur. Not all of us are born with confidence, but that does not mean we are not capable of it. Many confident women and men gain their sense of self esteem and faith in their ability to greet challenges by acting – even when they lack the confidence – and then gaining strength and belief in themselves by seeing the results and gaining the praise and respect of others.