are people who start their own business. There are many attributes to be a successful
entrepreneur. A few are, being determined, disciplined and confident.
Entrepreneurship isn’t for everyone and there is a handful of reasons why many
businesses fail after being open for a small amount of time. The entrepreneurs
who succeed and come on top usually go through a lot to get to that point.
Determination is the first step to being successful.
Entrepreneurs are not discouraged by their setbacks. If a product isn’t
selling, they will re-design the same product and market it to new companies. They
find backdoors to many of their problems (Hamilton, 2015). They are very reluctant
to make everything work and they will try as long as they have to until they
get it right. Successful entrepreneurs deny agreeing that something can’t be done.
They are determined to be successful in what they set out to accomplish. (Adams,
is an important trait of a prosperous entrepreneur. One who has discipline can
focus on their goals and work hard towards what they wish to achieve. These people
extract any hindrances in their way (Adams, 2018). They are able to create a
solid business plan and analyze anything that needs to be edited. They have
their resources in order, and have a set plan of when to enter the market.
Confidence is another attribute of a successful
entrepreneur. For example, if a budding entrepreneur is seeking a loan from a
bank and are rejected, a confident person won’t give up on their idea. This is
also where determination mixes in and they become more determined to attain the
funds to start their business. They will go and pick up hours at a part time
job, try at other banks, or take loans from family members if they must. They
are confident that they will make their business succeed at any cost.
All in all, to be an entrepreneur, one just needs to be
courageous and organized; but to be a successful entrepreneur, you need to be
much more. Once you have risked your initial investment, which in most cases
comes from an entrepreneur’s own pockets, you must be determined to run your
business and make it succeed under any circumstance.