Would You Make a Good Entrepreneur?

Success stories are everywhere and it’s always motivating to hear when great ideas and creative women come together in a fantastic business. Building your own company is exciting and loads of fun, but at times a bit challenging. Whether you’re still in the planning phases or up and running, there are no guarantees when it comes to success- and for many of us, that’s part of the allure. While every business owner brings something to the table, here are three “must-have” characteristics that drive entrepreneurial success. Do you have what it takes to be a good entrepreneur?

No. 1: You are Your Best Advocate…and You’re Ready to Stand Your Ground

Like many self-starters, you’re opinionated, outgoing and proud of your ideas- and that’s a good thing. Particularly when it comes to building a brand, you’re likely to experience your fair share-and then some- of naysayers. Knowing how to be your best advocate and standing your ground despite negativity is the cornerstone to entrepreneurial achievement. In fact, even Oprah was told she would “never make it” in television. Building a successful business takes a great idea, but it also takes tenacity, discipline and support (both mental and physical) to endure setback, barriers and unanticipated challenge.  Highly successful entrepreneurs knew from day one that they were onto something great and they didn’t let anyone diminish their enthusiasm.

No. 2: You Can Be Fearless…When Necessary

Entrepreneurship is not for the faint of heart. But if you’re ready to roll up your sleeves and get dirty, it can be a pretty rewarding experience. Being fearless- even in the face of failure- is a quality that comes through time and experience. The good news is, you can learn to be fearless and once you do, it’s the fastest way to grow through mistakes and carry on through setbacks and uncertainty. What does it mean to be fearless? It means taking the big risks that don’t come with safety nets and pushing forward despite the odds. It means perseverance and commitment when you’re uncertain and even a little nervous. It’s a dogged enthusiasm and a smile on your face when you have no idea what lies behind the next corner.

No. 3: You Soak it all Up Like a Sponge

Having an open mind and more importantly, recognizing when there is something of value to be learned is a trait the world’s most successful entrepreneurs know well.  It’s about knowing how to use available resources and maximizing the benefit to be gained from others. Too often, people assume they know all there is to know about their product or service or how to build and grow a successful organization. The truth is, the world around us is changing at break neck speed, and whether it’s learning how to more effectively use social media, master project management software or build networks of loyal customers, soaking up everything is key. Entrepreneurial success doesn’t come with a recipe. But you can bet that the world’s most prominent business leaders have a few things in common. Wildly successful people aren’t winning because they have a better product or a better price. They’re winning because they’ve learned the art of mastering who they are to be better prepared to present the world with the next best t