What it Takes to be Successful, Do You have it?

What it Takes to be Successful, Do You have it?

What it Takes to be Successful, Do You have it?

Some Characteristics of an Entrepreneur Bound for Success

Check out this visual list of character traits common among successful entrepreneurs.

Nine out of ten startups will fail. Do you have what it takes to succeed?

It might seem like the founders who succeed have some inherent edge — some intangible and elusive quality that sets them apart from the pack. But the truth is, the most successful entrepreneurs have a well rounded and developed set of skills that complement a specific set of traits.

Understanding the skills and traits of successful entrepreneurs helps sharpen your own focus, guiding which areas you’ll need to focus on to improve your own chances of success.

It might be more difficult to develop the characteristics of an entrepreneur most likely to succeed, like persistence and the ability to accept failure, but it can be done.

Often, these personality traits are learned over time and only through experience, which is why you may see founders succeeding only after they have failed many times.

Other skills to focus on in order to increase your startup’s chance of success include developing your ability to make data-driven decisions, marketing savvy and accounting or bookkeeping.

These are universal skills that will serve you well in any venture you attempt, whether you’re actually having to do much of the legwork yourself in your early days, or simply needing to understand how the different parts of your business work in order to hire the best talent and make the most informed decisions.

This recent infographic from open university Udacity serves as a visual list of character traits and skills most critical to entrepreneurial success. Its creators interviewed experts including Eventbrite’s Julia Hartz, and Airbnb co-founder and CEO Brian Chesky and shared their best advice for entrepreneurs as part of the infographic.

Check it out: 

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By Larry Kim

Paul Ebeling, Editor

Editor’s Note: “Genius and success takes time, the optimum path towards maximum achievement is always through persistent training, stay tuned in and “go get it. You have the World with a Fence around it.” PE

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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