Entrepreneurialism
Characteristic Of A Successful Entrepreneur
There are several features of a successful entrepreneur that contribute to his/her essential success. The following three characteristics are the definitive features of what makes for Entrepreneurial success.
All men and women of action have one thing in common. They observe before they act. In the realm of the entrepreneur this capacity to act and to formulate correct paths to profit before taking steps is essential. Specifically we are talking about vision.
1) Vision is a simple concept yet can be misunderstood. It is often a label we apply to great men and women that are often beyond the reach of our frame work of reality. So, its no wonder many people fail to recognise and perceive what vision is much less develop it for themselves. Vision as it pertains to being a successful entrepreneur is the capacity to see opportunity where others see problems. Its this function of the imagination to logically follow through in the mind logical outcomes manufactured from optimistic notions that leads to vision.
Vision is used sparingly by most entrepreneurs because its simply not required alot. Most entrepreneurs have vision that leads to an idea for profit that eventually gets recycled and repeated in every project they take on. Vision is something that new entrepreneurs need to develop, however once that vision is acted upon and a successful project has been carried out the vision is re-used to repeat the success. Time is short and experimentation is risky, one most successful entrepreneurs have some success, they tend to build on it rather then dabble in new areas.
2) Skills can be learned by virtue of the fact that a skill is defined as a series of actions designed to produce a singular result. Skills are the backbone of success. But they are certainly not exclusively responsible for success. Skills should be picked up as you go because as an entrepreneur, your capacity to pick something up and learn quickly how to get it to work is usually a natural innate capacity. Entrepreneurs are naturally a curious and inventive bunch that like to dabble which means they know how to get involved in things in the right way.
3) Tools of the entrepreneur are many and varied. Each entrepreneur fashions or finds his own tools relevant to the markets they operate in and the projects they pursue. Tools generally come as a result of needs. Entrepreneurs usually have the tendency to "monster" projects. By that I mean they prepare up to a point, however its the intention to get through the task with efficiency and speed. This attitude to monster through things eventually leads to finding better tools to handle certain tasks more efficiently and quickly.
Martin Thomas (c)2005
Martin is a professional investor and Entrepreneur. If you would like to discover more about being an entrepreneur, you can read "The Million Dollar Mentor" by Hayden Muller. Martin recommends this work highly and has used the very concepts contained in the work for his own successful entrepreneurial activities. http://www.opportunity-investor.com
Martin Thomas
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The hardest thing in the world to understand is the income tax.
Albert Einstein