4 Traits of Great Entrepreneurs

Entrepreneurs usually possess the passion to succeed.

There also are many distinct traits that separate an ordinary entrepreneur from a great one, including:

Honesty

A great entrepreneur is honest. Perhaps just as important, this professional is unafraid to be honest in tough situations.

For entrepreneurs, it is important to be able to identify success and failure. And with an honest approach to day-to-day activities, you’ll be able to improve your chances of becoming a great entrepreneur.

It may sound simple, but honesty always is the best policy, especially in today’s highly competitive business world. Meanwhile, entrepreneurs who stay true to their core beliefs can share their honest insights with clients and peers and boost their chances of succeeding in any economic climate.

Furthermore, an honest approach ensures you’ll be able to hold your team to high standards consistently.

Whatever ethical plane you hold yourself to, when you are responsible for a team of people, it’s important to raise the bar even higher,” Forbes contributor Tanya Prive points out. “Your business and its employees are a reflection of yourself, and if you make honest and ethical behavior a key value, your team will follow suit.”

Self-Disciplined

When you’re working in an office alone, are you focused on completing your everyday tasks to the best of your ability or taking time to update your status on Facebook? A true entrepreneur remains dedicated to his or her craft and will work hard even if no one else is watching. Therefore, this professional remains self-disciplined.

A self-disciplined approach is a successful approach, and entrepreneurs who are prepared to work hard every day can thrive in any business setting.

In addition, those who are self-disciplined will be ready to learn new things so they can become self-sufficient.

It also is important to remember that a self-disciplined approach means that you pay attention to detail.

In the entrepreneurial environment, there’s a lot to be said just for showing up on time, ready to work,” business coach Dan S. Kennedy tells Entrepreneur. “The meeting of deadlines and commitments alone causes a person to stand out from the crowd like an alien spaceship parked in an Iowa cornfield. The ability to get things done and done right the first time will magnetically attract incredible contacts, opportunities and resources to you. All of this is a matter of self-discipline.”

Creativity

Thinking outside the box represents an everyday occurrence for entrepreneurs. These professionals will work diligently to find solutions to problems, and in many cases, may find that creative solutions serve as the best options.

Creativity is an essential trait for entrepreneurs in any industry, too.

Problems come and go in all business sectors. And with a creative approach to business activities, entrepreneurs can take a step back, focus on the big picture and find the right resolution at the right time.

Also, creative entrepreneurs will remain on the lookout for innovative ways to resolve short- and long-term issues.

Able leaders must be eternally seeking new and better ways of doing things. They must be on the lookout for new ideas and new opportunities to attain the object of their labors,” legendary industrialist Andrew Carnegie told journalist Napoleon Hill in 1908, according to Business Insider.

Integrity

Do you possess strong moral principles? If so, you likely have integrity, a crucial trait for any successful entrepreneur.

Integrity serves as the foundation of a successful career, and showing integrity in your everyday activities can make you feel great as well.

For instance, there may be times in your professional career when you’re offered the opportunity to move up the corporate ladder by taking shortcuts that could harm others.

There are times in our business lives when we’ve been offered opportunities that were less than honest. The result may be a leg up on the competition or an easier path. In essence, it’s nothing more than a cornerstone test. We’ve all seen the disgraced leaders in newspapers and on television who failed the cornerstone test. Remember their faces, tears and shame. It’s all a result of a poorly built foundation,” business management specialist Brian Moran tells OPEN Forum.

Integrity also can make a significant difference as you build partnerships with clients and peers.

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