the essence traits of successful entrepreneurs- carl kruse

10
The Essence Traits of Successful Entrepreneurs -Carl Kruse

Upload: carl-kruse

Post on 20-Jan-2017

63 views

Category:

Small Business & Entrepreneurship


1 download

TRANSCRIPT

Page 1: The Essence Traits of Successful Entrepreneurs- Carl Kruse

The Essence Traits of Successful

Entrepreneurs -Carl Kruse

Page 2: The Essence Traits of Successful Entrepreneurs- Carl Kruse

DeterminationBeginning a business is a ultra marathon. You must have the capacity to live with vulnerability and push through a cauldron of obstructions for quite a long time on end. Determination occurs prior to goal attainment and serves to motivate behavior that will help achieve one’s goal. When disappointment happens, you need to start from the very beginning once more.

Page 3: The Essence Traits of Successful Entrepreneurs- Carl Kruse

PassionIt's commonly assumed that successful entrepreneurs are driven by money. But most will tell you they are fueled by a passion for their product or service, by the opportunity to solve a problem and make life easier, better, cheaper. Passion based on your company's specific mission is an intrinsic drive that provides the internal reward that can sustain you between paydays.

Page 4: The Essence Traits of Successful Entrepreneurs- Carl Kruse

Tolerance of uncertaintyThis classic trait is the definition of risk-taking--the ability to withstand the fear of uncertainty and potential failure. "It all boils down to being able to successfully manage fear.This is where the ultimate entrepreneurial test takes place, on the mental battlefield. You can go with the fear and quit, or push through it.

Page 5: The Essence Traits of Successful Entrepreneurs- Carl Kruse

VisionOne of the characterizing attributes of business enterprise is the capacity to detect an open door and envision something where others haven't. Business visionaries have an anomaly that distinguishes neglected corners and puts them at the bleeding edge of advancement and developing fields. They envision a different universe and can impart that vision viably to financial specialists, clients and staff.

Page 6: The Essence Traits of Successful Entrepreneurs- Carl Kruse

Self-confidence

Self-confidence is a key entrepreneurial trait. You have to be crazy-sure your product is something the world needs and that you can deliver it to overcome the naysayers, who will always deride what the majority has yet to validate. It's a belief that turns the risk proposition around--you've conducted enough research and have enough confidence that you can get the job done that you ameliorate the risk.

Page 7: The Essence Traits of Successful Entrepreneurs- Carl Kruse

FlexibilityBusiness survival, like that of the species, depends on adaptation. Your final product or service likely won't look anything like what you started with. Flexibility that allows you to respond to changing tastes and market conditions is essential. "You have to have a willingness to be honest with yourself.

Page 8: The Essence Traits of Successful Entrepreneurs- Carl Kruse

Rule-breakingEntrepreneurs exist to defy conventional wisdom. A survey last year by Ross Levine of the University of California, Berkeley, and Yona Rubinstein of the London School of Economics found that among incorporated entrepreneurs, a combination of "smarts" and "aggressive, illicit, risk-taking activities" is a characteristic mix.

Page 9: The Essence Traits of Successful Entrepreneurs- Carl Kruse

Contact Information:

carlkruse.org

https://www.linkedin.com/in/carlkruse

https://twitter.com/carl_kruse

https://plus.google.com/+CarlKruse/posts Carl Kruse

Page 10: The Essence Traits of Successful Entrepreneurs- Carl Kruse