3 Traits of Successful Entrepreneurs

Risk-Takers who can Persist

"The biggest risk is not taking any risk... In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks." Mark Zuckerberg, Facebook founder / CEO

Entrepreneurship without risk-taking is like Investing without money. An entrepreneur must have a fearless, never-say-die attitude in the face of all adversities. If you don't have the balls to take everything that is thrown at you and persist, you can't be an entrepreneur. Entrepreneurs don't take blind risks though; they're calculative, and stack up the odds in their favor.

Visionaries who can Sell

"Entrepreneurs are like visionaries. One of the ways they run forward is by viewing the thing they're doing as something that's going to be the whole world." Reid Hoffman, LinkedIn founder

Entrepreneurship begins with a vision to change the status quo, change what's not working, even change the world. 

"If you're changing the world, you're working on important things. You're excited to get up in the morning." Larry Page, Google founder / CEO

Having a vision and big picture of what you are seeking to do is the first step. However, your ability to successfully sell and communicate that vision to investors, customers, partners and employees, and make them believers is what makes or breaks your venture.

Leaders who can Execute

"Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion." Jack Welch, GE CEO

What separates the good from great entrepreneurs? Their ability to execute on their vision. It's not enough to have a great idea and a team. Can you see that idea through? Can you create that amazing product or service that becomes a viable business? This is the hardest thing in entrepreneurship. Creating that successful business model that generates profits.

Good Luck Entrepreneurs! Connect with me on oGoing, nation's leading social network for doing business. oGoing is made for entrepreneurs, startups, small and growing businesses.

“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.” Steve Jobs, Apple co-founder, CEO (1955-2011)

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