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8 Traits of the Perfect Entrepreneur

May 26, 2008
If you've considered the possibility of becoming an entrepreneur there are eight traits that are important in describing the perfect entrepreneur.

1. Risk Taker - Entrepreneurs understand that in order to make a profit they will need to assume a certain level of financial risk.

2. Business Manager - Entrepreneurs have a keen understanding of finance and are well equipped to manage the finances of a business.

3. Organizer - Entrepreneurs are well equipped in the area of organizing all aspects of the business for current and long-term growth.

4. Marketing Expert - Entrepreneurs are capable of understanding and implementing marketing strategies both online as well as offline.

5. "People" Person - Entrepreneurs love to interact with people. They are proficient in customer service and have never met a customer they didn't like.

6. Self Starter - Entrepreneurs understand that if something is going to be done right they need to be the one to do it. They are never lazy and are easily motivated.

7. Knowledgeable - Entrepreneurs understand the products and services they sell and have no problem explaining every facet of their business to interested clients or affiliates.

8. Initiator - Entrepreneurs are ready, willing, and able to take the lead on projects and assemble all the plans needed to move forward with any project. They always get more work done than anyone expects.

The truth is there are relatively few entrepreneurs that have all the skills listed above, yet their businesses are not only surviving, but their ideas are flourishing.

How do they do it?

Sometimes the best tool an entrepreneur can have is to pull together the right team. Very few people are gifted in all areas of business, so it just makes sense to find individuals that are a compliment to your business objectives. If you are strong in one area search out individuals who are strong in the areas where strength is required.

Chances are good that you will learn something from your employees while you work together to capture your vision for business success.

The World's Most Perfect Entrepreneur is one that knows how to manage resources. Sometimes that means knowing when to call in reinforcements and not being embarrassed to acknowledge your areas of weakness.

In essence a weakness in an area of entrepreneurialism does not have to mean an end to a dream. It simply means finding the right running mates to give you a fighting chance at making it to the finish line.
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