Thursday 8 August 2013

5 Skills Every Entrepreneur Needs Inorder To Succeed



As usual not everyone is going to be employed for the major reasons that there are no enough jobs and the fact that not everyone wants to work under a boss or have that 8-5 kind of job. And surprisingly enough that’s how most entrepreneurs are born.
But one thing is for sure, entrepreneurship isn’t for every Tom, Dick and Harry. It requires stamina, taking risks that would make your normal kind of guy squirm and most definitely, ability to withstand the heat when things don’t go the way you thought they would.
Money will run out, clients will move on to another new and hotter business, your products will no longer fly off the shelves and you will a lot of times consider quitting… a lot. But perseverance is what will keep you grounded. Without perseverance, you’ll never reach success.
Here are some of the vital skills you will need in your struggle to become a successful entrepreneur.
1.Have a vision
What is your brilliant idea? Where are you going with it? Where do you plan to be in the next two years or so? If you want to do something, at least know and be able to visualize the future of it. This way you will be able to communicate your dreams and visions
An entrepreneur must have the vision, and then he or she must be able to communicate it. The communication will be to their team and employees, to their customers and clients, and even to outside sources like potential investors, sponsors, and collaborators.
2.You must have the love for the hustle.
If you are in the idea of entrepreneurship whole heartedly and not testing to see how cold or warm the venture might be, you need to have the instincts of fighting to succeed. Hustle brings the embodiments of motivation, persistence, not letting go of your passion and that persuasive power that every entrepreneur should have.
If you live to accomplish things, to make things happen so you can look back and say I did that or I was part of that, entrepreneurship will work for you just fine.
3. Be a decision-maker.
This is your business we are talking about, you do not have a boss to keep looking up to for the next move, you are on your own buddy.  If you ask 10 people what decision-making is all about, you’ll get 10 different answers. Mostly you’ll get vague notions about decisiveness and leadership. Decision-making isn’t just about being decisive. You have to make the right decisions. That comes down to probing, listening, reasoning, and knowing when to trust your gut. Being able to do that well is the most important aspect of entrepreneurship, hands down.
4. Have the courage.
Most of us are sissies, yes we may look all confident from the outside but deep way down where it counts we know what we are made of. Very few of us actually possess any meaningful amount of self-confidence when we’re young for the simple reason that we haven’t had enough experience, enough successes and failures, to develop confidence yet. But if you have the guts to at least act like you do, that’s enough to get folks to believe in you and give you a shot.
5. Be Energized & Fired up!
C’mon if you are not excited about what you are getting yourself into, who will? You need to be excited about your business because your energy level, no matter how high or low it is, will rub off on the people around you. Even when things are not going your way, it is still important to keep your spirits up.

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