You have surveyed some entrepreneurs in your community, but have you wondered if a “list” is available to know what an entrepreneur looks like?
I have compiled my own Top 12 Entrepreneurial Qualities that I believe you’ll see a measure of in any successful entrepreneur.
How do you see yourself in this list? Make a list of at least 8 of the entrepreneurial qualities that are most important to you. For each item in your list, write one or two sentences that describe how the qualities are demonstrated in your life. When you are finished, submit your list to your teacher.
2. Courage. I’m willing to take risks and I don’t mind that I face challenges each day. I know that they’re part of the game.
5. Resourceful. I know that I don’t have to do all the work myself and indeed I shouldn’t. I constantly think, “Is what I’m doing worthy of my time? Or is there someone else who could do a better job at a lower cost?” I’m not afraid to pull in team members or outsource my work to another professional.
10. Giving. I use a portion of my profits to give back to society to meaningful projects. I do this regularly and systematically so that I remember that it’s not all about me, and that some people just need help.
Section 2: The Entrepreneurial Life
Part 1: Entrepreneurs
1. Passion. I love what I do. When Friday night comes around, I’m often disappointed that I have to stop working. I constantly think about my latest project or work and wonder how to improve it. I look forward to Monday. In the start-up phase of my venture, I often work without immediate reward because I know that the reward will come one day. I would do this in my free time, if possible.
3. Pro-active. I don’t think that something needing to be done is someone else’s responsibility. My motto is, “I am responsible.” I don’t blame others. I show up to my office before the team and I prepare myself to lead.
4. Creative. I keep asking myself, “How can this be done?” Then I ask, “How else?” I’m always looking for new ideas and breakthroughs.
6. Disciplined. I know what needs to get done in a certain time frame and I discipline myself to accomplish my tasks, with margin, knowing that interruptions will always come up when I least expect them.
7. Careful. I’m careful in the sense that as I approach risk, I want to understand the risk as much as possible and create a solid plan to overcome the challenges that I will face.
8. Knowledgeable. I keep learning throughout my life. I read every good book and take notes. I have a thorough understanding of strategies and tactics to grow a business and I will always bring in experts to help me where I’m weak.
9. Humble. Arrogance is my enemy. I recognize my limitations and I will give credit where credit is due.
11. Desire to win. I want to run my race to the finish line and be the best I can possibly be, living in such a way that I have no regrets. Therefore, I train myself to work with excellence and be the best in my field.
12. Team player. I may be the leader, but I can’t win without a good team. I look for the best people to work with, recognizing that I will be relying on others to grow and manage a successful venture.