What makes a successful entrepreneur?

Entrepreneurship is not the glamorous career path it’s been made out to be. It’s not about big ideas and ideals. It’s not about hopes and dreams. It’s not about guts and glory. It’s not even about invention and innovation. And it’s certainly not about a search for fame and fortune.

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Hi Shahida,

To be successful you need great ideas for business, management, plan everything and manage money wisely. But definitely you have to do what you enjoy. On Business.com are lots of articles about it. Here are some examples:
https://www.business.com/articles/do-these-now-habits-of-highly-successful-entrepreneurs/
https://www.business.com/articles/the-top-10-qualities-that-define-an-entrepreneur/

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Set your finish line and do not stop before actually reaching the line. Be patient with the obstacles. Solve them one by one.

0

Hi

A good entrepreneur does not focus on the profit only. You must have a lot of passion for what you do. Have patience. Be open-minded. Take advises from anyone, even a little kid. You would be amazed what great ideas can come from a child, homeless person or old people with no education.

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Every successful entrepreneur has the following traits: (1) a passion for their idea for a solution for a better world, (2) the discipline to make it happen, (3) a well thought through business plan to implement, and (4) a fundamental understanding of accounting. If any one of these is missing, then success and return on any investment is doubtful.

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I wrote an article recently about this very thing. Let me know what you think. But you are right. http://www.womenonbusiness.com/entrepreneur-journey-tips-for-being-better-without-being-bitter/
You have to be in it to create change, create jobs, and make a difference. Money should not be the #1 driver as a measurement for success.

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The #1 thing I will recommend you do is to plan for a business you intend to "grow" for the rest of your life. If your goal is to quit only when you die, you'll get most things right.

Most entrepreneurs fail in a bid to emulate the successes of Google, Facebook, Twitter and Whatsapp. Look towards the journeys of Apple, Microsoft and IBM.

Think very long-term.

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Hi Shahida

The thing about entrepreneurship is that it CAN be a glamorous career. It IS about BIG ideas and big ideals. It IS about your big dreams and the guts to stick with them until they come true. It IS about innovation and invention and disrupting the status quo.

You see, overnight success takes at least 10 years of blood, sweat and tears.

Here is the link to a blog post I wrote over the weekend called: Self-Employed? 25 Realities You Need to Embrace For Success...http://businessofbeinginbusiness.com/self-employed-25-realities-for-success/

While you're on my site, you can also download a free report called "Moving from Corporation to Entrepreneur"

I think between these two you will find great insight.

Be sure to give me your feedback...

Lorna

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