Personality Traits Of An Entrepreneur
While all sorts of people can be an entrepreneur, some traits are commonly found in successful entrepreneurs. If this is an area of business you have an interest in, answer these questions to see if you have what it takes to be a successful entrepreneur.
Can you function well under stress?
Different people react to stress in different ways. Just because you don’t respond well to pressure doesn’t mean that you can’t enjoy a successful business career, but it may be that you should choose your career path wisely. Being an entrepreneur is all about taking responsibility and making significant decisions. As you spend more time making major decisions, you learn and develop an understanding of the thought processes involved, but there is no denying that some people thrive on these moments and some don’t.
If you currently don’t function well under stress, this is a skill that you need to develop. This outcome isn’t a problem; analysing yourself, acknowledging weaknesses and then making improvements are essential skills but you need to be able to make changes to your life and outlook on business if you want to succeed. If you can function well under stress, you already possess one of the key characteristics of being an entrepreneur and this may be a career path that is ideal for your needs.
Can you bounce back from failure?
In business, there is no time to wallow in failure or allow yourself to feel low or down about a situation. We all react to failure and disappointment in our ways, and there are more than enough phrases, sayings and catchphrases to convince you of the need to bounce back after a defeat or from adversity. One of the most common phrases reminds people that the true measure of an individual or a business is not found in how many times they fall, but in how many times that they get back up and the manner with which they get back.
Bouncing back quickly is important, but you shouldn’t be reckless. If you have suffered failure or disappointment, you can benefit by analysing why you failed and then focusing on not making the same steps again. It is not as though you need to suffer a disappointment to learn something new, you should look to learn at all times, but when it comes to getting over the disappointment, you need to bounce back quickly and efficiently. If you can put the disappointment behind you quickly while analysing what went wrong, you may find that being an entrepreneur is right for you.
Do you talk more than you take action?
Talking is an important skill for an entrepreneur. Talking can iron out small problems in a plan of action and talking keeps everyone in touch with what you hope to achieve. However, there will come a time when the talking has to stop and you need to take action. If you are the sort of person that finds talking easy but you struggle to convert these thoughts and words into positive action, you may find that being an entrepreneur is a difficult challenge.
However, if you can act upon your plans, you should find that there is a strong entrepreneurial spirit inside you, and this may be the way to develop your career.