Starting a business is exciting, also quite easy to get caught up in the glamour of being your own boss. However, when it comes down to choosing your co-founder, it is important to make an informed and level-headed decision.
One golden rule of business is: Market don’t care who you are, it’s just you are solving their problem or not. An entrepreneur is truly all about innovation. Businesses get developed around problems; therefore, you need to develop your problem-solving aptitude. In short, an entrepreneur is known to be curious, explorer and a person who thinks outside the box. Business research skills i.e. collecting data and information is advisable.
Before you jumpstart your new business venture, read on to learn the essential qualities that you should look for— entrepreneurs have both experiences good and bad, so their insights can save a newbie from some headaches during the beginning phase.
Top Skills of entrepreneurs are:
- Money relationship & Managing money – An entrepreneur must have an excellent relationship with money to earn it. And once you have money, you should have a skill to manage it.
- Sales – Sales = Income. One of the reason entrepreneurs are broke is they don’t know how to sell, it’s a wonderful skill. This skill is enough to make a fortune, and without this skill, you will be a wandering soul trying to do too much and getting too fewer results.
- Productivity– It is not about the number of hours you work it is about the FOCUSED hours you work and the result you produce.
- Hacks your mind for success – One has to learn to reprogram the mind for success, use a positive mental attitude. Relentlessly pursue to dreams and overcome all fears and doubts.
- Warrior Attitude– It is obvious the life of an entrepreneur is a roller coaster ride. Warrior means, don’t give a damn about anyone’s opinion, be focused on your work to avoid distractions. A disciplined person can take massive actions towards your goals.
- Commitment and Work Ethic: Starting a business requires a tremendous amount of time and effort, so it’s crucial to find co-workers who are equally committed to the company’s success with a strong work ethic and a willingness to put in the necessary work.
- Client/ Customer Screening– Not every client/customer or sale will be worth your while. Learning how to identify where the returns are helpful to improve the bang for your buck
- Personal Branding– In today’s visual world, you can’t build a brand, without putting yourself out there. People buy from who they know & trust.
- Emotional Intelligence– It’s really important to manage your emotions as you get more attached to your business. Emotional Intelligence also keeps anxiety, depression & stress at bay!
Start by building a Blueprint for what problem you are going to solve. Get the culture fit piece right. Build a strong candidate pipeline. And follow the process. Trust me it can be the greatest time to be alive. The time to rally is now. Ignite the spark. Light the fire. Let’s go!!
