Ten Traits of a Successful Entrepreneur

By Peter Jason Riley

GOAL-DRIVEN

The more focused the company is on producing what it makes best, the more likely it will

succeed.

CUSTOMER-FOCUSED

Without customers, you

can’t build a business.

TEAM ORIENTED

Most successful entrepreneurs recognize that

they can’t build or run their business

alone.

SKILLS-ORIENTED

The entrepreneur is committed to employees’

maintaining their skills by providing

on-going educational

opportunities.

TECHNO-KNOWLEDGEABLE

The entrepreneur must possess

some knowledge about technology

and take the initiative to hire individuals who can implement

technology plans and programs.

GLOBAL THINKINGUnderstand the trends and economic & legal issues that have an impact on international markets and products, as well as local customs.

Understanding how companies similar to yours operate in other parts of the world can provide valuable information that may be put to use in your own business.

FLEXIBLE MINDED

The successful entrepreneur is sensitive to the changing marketplace, competitor strategies, and customer

preferences and adapts products or services accordingly.

BOTTOMLINE ORIENTED

Making money – and profits –

requires managing money

successfully.

SOCIALLY RESPONSIBLE

Being socially responsible can

also contribute to a company’s success.

FUTURE ORIENTED

Successful entrepreneurs don’t get overwhelmed or consumed by day-to-day problems.

They have a vision for the future of

their company and make an effort to understand the

trends and forces that will impact their ability to

achieve that vision.