TEN MVP (MOST VALUABLE PERSONAL) TRAITS OF SUCCESSFUL ENTREPRENUERS By: J. Glenn Ebersole, Jr., Chief Executive of J. G. Ebersole Associates and The Renaissance Group ™
Since beginning my own entrepreneurial ventures in 1982, I have observed much and learned much about what is behind the success of entrepreneurs. I have selected a number of those traits and call them Ten MVP, or Most Valuable Personal, traits of successful entrepreneurs. The selected traits shown below reflect my opinion from personal observation and are not listed in priority order.
+ Trait #1: Positive, persistent and passionate – The truly successful entrepreneur is intense and has a personal passion to change things. The successful entrepreneur does not mind devoting more than 12 hours a day to his business to make it successful.
+ Trait #2: Optimistic – some may call them “eternal optimists” but I choose to call them “realistic optimists.” The optimism is a strong foundation for the entrepreneur to deal with setbacks and disappointments on the way to building a successful business.
+ Trait #3: Problem solver – successful entrepreneurs face problems of varying difficulty and degree but they are resourceful and know where to go for assistance and where to find needed references and resources.
+ Trait #4: Courageous – successful entrepreneurs are leaders who take risks. People remark that entrepreneurs have “guts” and these entrepreneurs have a tremendous amount of courage to build their companies from “scratch,” or creating a business where nothing existed previously.
+ Trait #5: Life long learner – many successful entrepreneurs do not have degrees, but they are always willing to learn. They ask questions, are ever curious, and are open to new ideas.
+ Trait #6: Independent – successful entrepreneurs want to “do their own thing” and prove they are right, instead of wanting to “get rich.” Some times entrepreneurs make less money than they would work for someone else, but their “real income” is the satisfaction from doing what they believe is right.
+ Trait #7: Ethical – successful entrepreneurs are guided by a high standard of ethics. They do not waive or suspend ethics in their business and personal worlds.
+ Trait #8: Goal oriented – successful entrepreneurs have a relentless drive to achieve goals they set for themselves and their business. They stay intensely focused on the goals until the goals are achieved.
+ Trait #9: Visionary – successful entrepreneurs have a clear vision of where they want to go and have the ability to see the invisible.
+ Trait #10: Strategic thinker & planner – successful entrepreneurs use the power of strategic thinking and planning to define their vision, mission, guiding principles and goals for their business.
Debate and discussion continues on the subject of whether some people are predestined to be great entrepreneurs or if some people learn how to become entrepreneurs. Although this article has not addressed that directly, I hope the article does provide background and insight to advance the discussion and debate. Do you believe you possess all or a majority of the 10 MVP traits of a successful entrepreneur? Are you interested in learning more about your potential to be a successful entrepreneur? Would you be interested in assistance and guidance to help with a self-evaluation of your entrepreneurial fitness? If you answered YES, please contact Glenn Ebersole through his website at www.renaissanceman4u.com or email Glenn at jgecoach@aol.com today.
TEN MVP (MOST VALUABLE PERSONAL) TRAITS OF SUCCESSFUL ENTREPRENUERS - To learn more about this author, visit Glenn Ebersole's Website.
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