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What Attributes Are Important In Being A Successful Entrepreneur? - Business - Nairaland

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What Attributes Are Important In Being A Successful Entrepreneur? by makemoney: 6:45pm On Oct 07, 2007
Hello Everyone,

We talk of ‘Born Leaders’, people who have that certain ‘X-Factor’ when it comes to decision making and leading others, but I must dispel the myth right now that these are qualities which you cannot develop within yourself over time. Even the meekest, most humble little clerk can develop themselves into a lean, mean dealing machine with hard work and self-confidence. So if you’re reading this and think that this is all over your head, ask yourself: ‘Is that really what I want?’ So you want to be a follower all your life, obeying orders at every turn? I doubt you want to look back at your life and find that there’s nothing spectacular to note.

But back to what I consider to be important parts of a successful entrepreneur, I’ve found that a handful of key aspects prove to be the most noteworthy:

1. Bravery: Success is gained through innovation and trailblazing, not playing it safe and closet-mindedness. Truly great entrepreneurs will rather take a leap into the unknown rather than take a well-beaten track.

2. Focus: Having a thousand ideas a second may sound like a fantastic state, but it’s next to useless if you can’t develop a focused and concentrated state of mind. A single idea, focused to its maximum potential can outweigh a hundred half-baked initiatives.

3. Courage: To experience a setback or a failure is a disappointment, but to soldier on through it all, pick up the pieces and start again takes courage and determination. Too many people give up if they make a mistake, only a few are prepared to learn from them and turn them to their advantage.

4. Open-Mindedness: Closet-minded thinkers are typically the worst, unwilling to share with others or allow their vision to be altered. The best entrepreneurs know that they don’t know everything, and that for the best results, they need to leave their concepts bare for examination and judgment by those who know.

5. Methodical Care: The line between bravery and foolishness is preparation, a good idea rushed can do more harm than good. A good entrepreneur knows this and will take every care to ensure that their idea is fully thought out, tested, altered and re-tested before they commit to it.
Re: What Attributes Are Important In Being A Successful Entrepreneur? by knzguru(m): 5:35pm On Oct 12, 2007
A New Nigeria,
As we enter into a new era in the development of our nation, it is clearly seen that there are opportunities around us that were previously unreachable. Thanks to the past and present governments the business climate in Nigeria has seen tremendous improvement and there is a significant increase to the availability of support for SME owners. However these owners of SMEs must show professionalism in their businesses and follow existing business practices. Amongst other things, financial institutions are on the look out for businesses that have a well thought out and researched business plan and have put up proper managerial processes.


QuikLinx Marketing Solutions has put together a seminar on Business Development for owners of SMEs that want to grow their businesses. This package also includes THE BUSINESS GURU KIT - a resource tool with books on business planning, marketing planning, project management. The resource tool also includes over 100 sample business and marketing plans to aid SME owners in writing business plans.

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FATE - THE BEGINNING: Developing a Successful Business Plan
ABR - MANAGING LIKE A PRO: A Project Management Overview

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Re: What Attributes Are Important In Being A Successful Entrepreneur? by knzguru(m): 5:37pm On Oct 12, 2007
Natural Talent is necessary but Business Skill is also vital
Re: What Attributes Are Important In Being A Successful Entrepreneur? by naijacutee(f): 7:16pm On Oct 12, 2007
In addition to what knzguru said, skills are vital but it's true that we are not all born gifted in that area. Therefore, if we don't have these skills we can (a) Buy them - Through a course or program e.g sales/marketing course. (b) Hire people that have such skills. Bottom line being that one should not attempt to run a business without skill.
Re: What Attributes Are Important In Being A Successful Entrepreneur? by adebisi1(m): 7:19pm On Oct 12, 2007
everybody how real is this: www.thesecretpays.com

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