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Top Qualities of Small Business Owners

Top Qualities of Small Business Owners

Many people dream of owning their own business. The idea of getting rid of the boss, making your own hours, and doing something that you love is quite tempting, especially if you are burnt out from the corporate rat race.

Before you quit your day job, you need to do a lot of self analysis. This even comes before the market research. While there are a lot of opportunities for small business owners to make this dream a reality, there is also the very real possibility of failing.

Determination is a major factor in making a small business successful. Do you truly want your own business? Do you want to live and breathe this business 24/7? Will you do whatever steps are necessary to make this business succeed?

The level of your ambition can determine the level of your success. If you see yourself running a little lemonade stand, that's what you will aspire to. However, if you see the potential of your lemonade stand to become a popular restaurant or franchise opportunity, then you will have a road map and know the steps you need to make that dream happen.

The ability to make quick decisions is important for all small business owners. You are now the boss in charge and carry the sole responsibility of making good decisions that will benefit your business. This is not the time to be indecisive or unsure about your business plans. Can you handle multiple questions coming from different people, all at the same time? Do you fully understand the steps needed to reach your business dreams?

Good organization is crucial in business. Do you have a way to keep track of business receipts? How and when do you send invoices to vendors? If your accountant visited tomorrow, would you be able to pull out your tax info? If you admit to being unorganized, would you be willing to hire an assistant to keep your records?

Learning how to negotiate is a lifelong skill that can help you in many different areas of business. Not only will you be able to negotiate lower supplies costs but you can also negotiate terms of a rental contract or employee salaries. Are you a pushover? Are you able to spot a good deal? Are you able to fight for what you believe is right?

Lastly, think about your people skills. Communication is vital for small business success so you must make your needs very clearly known. Marketing and networking are vital to building traffic and sales but if you shy away from people or dislike making sales calls, then your business will suffer.

Everyone has the potential to become a small business owner. Some will be more successful than others and those who succeed know their strengths and weaknesses before starting out.





Top Qualities of Small Business Owners - To learn more about this author, visit Chris Simpson's Website.

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Cheryl Matthynssens

Cheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur.  Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well.  A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles.  She opened up a small affiliate site - The Balance Guide-  to help others find resources for mental and emotional well being.  Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com

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John Alexander
John has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center.
I look forward to hearing from you! - Visit John Alexander's Website

Anne Barr
Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

John Brennan
John Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website

David Barr
David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

Casey Gollan
Casey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website

Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

Jeff Foster
WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas.  We specialize in internet consulting & internet marketing
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Chris Simpson
(Visit Chris's Website) Chris Simpson is dedicated to helping people find honest and legitimate wo rk at home and home based business opportunities. Find le gitimate work at home jobs, home business opportunities, articles, and resources to help you successfully wo rk from home and make money online today at: www.HomeNetPro.com

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