What makes a successful entrepreneur?

Recently I was talking to an entrepreneur-turned-investor and he asked me the question “what makes a successful entrepreneur?” After thinking about it for a minute, several characteristics came to mind.

Here are a few things that make for a successful entrepreneur:

  • Extreme resourcefulness
  • Strong work ethic
  • Excellent team building
  • Clear vision

Did I include money or book smarts as a pre-requisite for a successful entrepreneur? Nope. Those things can help, but it’s much more important to have the four characteristics listed above.

What else? What other some other items that make a successful entrepreneur?

Comments

8 responses to “What makes a successful entrepreneur?”

  1. Jeff Anop Avatar
    Jeff Anop

    I believe these are critical to accomplishment:
    – Flexibility: you have to learn and adjust along the way. Set a downfield target and be open to change along the way
    – Focus: for entreprenuers, multiple ideas can turn into multiple business opportunities. Going back to a previous post, you have to say no to every opportunity it’s and focus on ones you feel passionate about.

  2. Stacey Haseleu Avatar
    Stacey Haseleu

    Resiliance – an entrepreneur has to have the ability to take a punch, stand back up, and keep on going… Time after time after time.

  3. GetLifeStrong Avatar

    how about Persistence? 🙂

  4. Thomas Avatar
    Thomas

    I would add an appetite for risk to the list.

  5. jennessa Avatar

    great input! so many options: stress and time management. unrestricted, no family obligations, etc etc

  6. oluben05 Avatar
    oluben05

    Dedication to his/her goal make a successful entrepreneur

  7. oluben05 Avatar
    oluben05

    Dedication to work make a good entrepreneur

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