6 Habits and Traits of a Successful Entrepreneur

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What do you think makes an entrepreneur successful? Apart from positive traits such as having passion, intense work ethic, intelligence and wit, there are some less obvious traits and habits that helped them become what they are.

You would be surprised at how these small things can actually help entrepreneurs and aspiring entrepreneurs attain their goals.

1. Entrepreneurs are never afraid to say “no”

While we all may have been taught to seize every opportunity. Some people may end up sacrificing their principles just to please everyone or jump on that one opportunity. But what does this really do?

You may be wasting your time and effort on something which may not actually be meaningful.

You do not have the obligation to say yes to everything or everyone. Just remember this line from Warren Buffet: “The difference between successful people and really successful people is that really successful people say no to almost everything”.

2. Boredom does not scare entrepreneurs off

I have often mentioned how much time entrepreneurs need to invest in their business, and yet they still manage to make quality time for family and friends. There are also times when you need to pause and look at everything and see why some things went wrong. These pauses in life may look like boring, but entrepreneurs see them as opportunities to make the necessary improvements for the betterment of the company.

3. There’s no room for pessimistic thinking

Entrepreneurs need to have guts to make things happen. They will not let a bump or two to stop them from doing what they want. Instead of being discouraged, they see things from a different perspective (that is why some people may see them as weird).

4. Entrepreneurs mind their own business

Some entrepreneurs find time to look into how the business of their competitors is doing in the market. That is one way of knowing how they can make improvements to their business. But more often, entrepreneurs don’t waste their time being in competition with others, they focus on what they have at hand and work on it.

5. Their weaknesses do not define them

We often hear some people tell others to improve on their weaknesses to make them a better person. However, successful entrepreneurs would rather focus on areas that they naturally excel at and make more improvements there.

6. Successful entrepreneurs are up before the sun rises

The famous saying, “The early bird catches the worm” is a mantra to entrepreneurs because they know how valuable time is. They understand that they can achieve more things if they start early every day.

These traits and habits should not be limited to an entrepreneur. Even ordinary people should also have the same kind of thinking because this positivity that can have a great impact on our lives.

Get The Business Mentor’s latest book “35 Tips On Business” available on E-book and paperback at www.amazon.com

(Armando Bartolome is known as the Philippines’ Franchise Guru, a mentor to numerous micro entrepreneurs who are now themselves big names in the industry. This article is reposted with the author’s permission and was previously published on The Business Mentor column posted by ABSCBN News. For questions and more information, you may contact Armando “Butz” Bartolome by email: philfranchiseguru@gmail.com or on Twitter @philfranguru. His website is https://www.gmbmsglobal.com/ )

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