SmartPreneur
Advertisement
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
SmartPreneur
No Result
View All Result
Home Start

7 Signs That You Can Become A Successful Entrepreneur 

By Olayinka Oladokun

Contributor by Contributor
October 17, 2022
in Business, Hustle life, Start
0
qualities of successful entrepreneurs
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

You probably have /heard entrepreneurs share skills and attributes in their fields of work, especially when they tell their success stories, and you notice they have something in common. Indeed, you have questioned, are entrepreneurs born or made? The truth is everyone can become an entrepreneur, but specific attributes define successful ones. Now, in this article, we probe seven characteristics to help you know if you are born an entrepreneur by heart.

Join our communityJoin our communityJoin our community

 

You are visionary 

Entrepreneurs are people who can see beyond. They want to make things better, do something for the future, see a problem, and want to provide a solution before it backfires. They think big. They are skilled at knowing, defining, and developing a new demand in the market.  

You can take (calculated) risk

The tendency to take risks as an entrepreneur is not exaggerated. In fact, it makes the difference between a successful and an unsuccessful business. Establishing and growing a business requires risk-taking, but it doesn’t mean you should take foolish risks that jeopardize your business. A successful entrepreneur knows when to take risks and also avoid them. They should have a positive mindset too. 

You are adaptable

Flexibility is critical for an entrepreneur, and the ability to bend over and adapt to changes is vital. While some people don’t like doing something new, entrepreneurs find it enjoyable. They enjoy change, especially if it will result in something better and rewardful. Rigidity is not encouraged because a business is unpredictable and can require inevitable changes. If an individual can accommodate changes, it is a sign that they will become successful in entrepreneurship.

successful entrepreneurs

You are hardworking and smart

People who put in the most work reap the greatest reward. An entrepreneur tends to work with commitment, diligence and energy. If you are the kind of person that gets tired quickly, the workload of entrepreneurship is likely to bury you, even if you have employees working with you. An entrepreneur needs to be up and doing. You will most likely succeed if you put time and effort into your business. 

You have a competitive nature

Entrepreneurs are competitive. This nature makes you succeed as you want to always be at the top of your game and will do anything to make your business revolve, adapt, grow and expand as you see reasons to improve your products or services and not settle for less or the normal. 

You can embrace failure

Failure is undeniable in entrepreneurship. People who can overcome failure and apply the lessons to later experiences are the ones who will succeed in the long run. An entrepreneur should see failure as the ability to grow, use other approaches, and improve. An entrepreneur’s mindset is to not just try after a loss but to try and try again. Think of some of the most successful entrepreneurs you know and how often they have had to rise up from the ashes of their failures, to become successful. 

successful entrepreneursYou can handle money properly

A thriving business is a business that has a good cash flow(input and output). It is required that you understand the basics of finance, making accounts, defining what your money goes into, your profits, your loss, etc. This can make your business successful as you do not need to spend extravagantly on less important things

 

Bonus points to note: 

  1. Self-driven: You can motivate yourself when you don’t feel like pushing any further by encouraging and rejuvenating your body and mind.
  2. You are firm, you don’t give up easily and you are a go-getter.
  3. You do not rush into things but you still don’t miss out on opportunities. 
  4. You are not satisfied with the norms. You always thrive to do things differently with good results. 
  5. You can manage people and time. 
  6. You are Creative and well-organized.
  7. You have passion for what you do.

 

Were you able to identify with the stated signs above? If yes, congratulation. We are waiting to see what you’ve got! Good luck!  

 

Tags: Aliko DangoteEntrepreneurship skillsFemi OtedolaFolorunsho AlakijaQualities of Successful entrepreneursSigns that you will be a good entrepreneurTony Elumelu
Previous Post

5 Industries Most Likely To Make You A Millionaire

Next Post

7 student-founded Startups that have grown into big companies

Contributor

Contributor

Related Posts

Chinazom Arinze
Hustle life

How I saved my company from making a 30 million naira loss – Chinazom Arinze

by Ruth Okwumbu-Imafidon
March 29, 2023
0

Money is the lifeblood of any business, and while looking for ways to make money, entrepreneurs have to proactively look...

Read more
How to build business partnerships that last a lifetime
Trending News

7 things investors want to see in your Pitch Deck / Presentation

by Ruth Okwumbu-Imafidon
March 27, 2023
0

If you are at the point in your entrepreneurial journey where you have to seek funding from investors, then you...

Read more
Win Free Product Shoot In the #CaptureMyBusiness Challenge
Trending News

Win Free Product Shoot In the #CaptureMyBusiness Challenge

by Blessing Osazuwa
March 24, 2023
0

Smartpreneur, in partnership with Emblue Space and Studios, is offering an opportunity for female business owners to take their businesses...

Read more
Mailchimp users will now pay 7.5% more as VAT from April 20, 2023.
Trending News

Mailchimp users will now pay 7.5% more as VAT from April 20, 2023.

by Ruth Okwumbu-Imafidon
March 22, 2023
0

Nigerians using MailChimp will have to pay 7.5% more from April 20, 2023, as the company is set to implement...

Read more
The New CBN Cash Withdrawal Policy; What will happen to MSMEs now?
Trending News

CBN Increases Lending Rate to 18%

by Ruth Okwumbu-Imafidon
March 22, 2023
0

In an aggressive push to contain the nation’s inflationary pressure, the Central Bank of Nigeria on Tuesday raised its benchmark...

Read more
Naira Redesign Policy: Nigeria’s GDP Projected To Drop In Q1 2023 By About N10 Trillion
Trending News

Naira Redesign Policy: Nigeria’s GDP Projected To Drop In Q1 2023 By About N10 Trillion

by Ruth Okwumbu-Imafidon
March 20, 2023
0

Oyeyemi Kale, former statistician-general of the federation, says Nigeria’s gross domestic product (GDP) would contract in the first quarter (Q1)...

Read more
50,000 African Women to Benefit from $100m AfriLabs Business Grant
Trending News

50,000 African Women to Benefit from $100m AfriLabs Business Grant

by Ruth Okwumbu-Imafidon
March 17, 2023
0

ne of the largest communities of innovation enablers, AfriLabs, has announced that it would be supporting 50,000 African women through...

Read more
Load More
Next Post
successful entrepreneurs

7 student-founded Startups that have grown into big companies

Please login to join discussion

Recent News

7 Things to Normalize in Your Daily Business Operations

7 Things to Normalize in Your Daily Business Operations

March 29, 2023
Chinazom Arinze

How I saved my company from making a 30 million naira loss – Chinazom Arinze

March 29, 2023
Twitter will be removing Blue Ticks from April 1, 2023

Twitter will be removing Blue Ticks from April 1, 2023

March 29, 2023
How to build business partnerships that last a lifetime

7 things investors want to see in your Pitch Deck / Presentation

March 27, 2023
SmartPreneur

© 2020 SmartPreneur

Navigate Site

  • Home
  • Trending News
  • Radio
  • Games & Quizzes
  • TV

Follow Us

No Result
View All Result
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Brand Insights
  • Profiles
  • Game & Quizzes
  • Weekend Teaser

© 2020 SmartPreneur