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8 Characteristics That Make Certain Entrepreneurs Wildly Successful

8 Characteristics That Make Certain Entrepreneurs Wildly Successful

Successful entrepreneurs surely have different talents and completely different ideas, but they all share some common characteristics which have helped them to stay on the right track and reach their goals. With that in mind, let’s look at some of the most important traits an ambitious entrepreneur needs to possess.

1. They are passionate

“If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.” — Mark Zuckerberg, founder of Facebook

If you want your idea to be realized, you need to be passionate about it and to really want it to happen. Wanting to earn a lot of money from your idea is perfectly normal, but it shouldn’t be the main thing that motivates you to succeed. You need to love what you do and be passionate about it in order to succeed. Loving your job won’t magically put you on top, but it will motivate you to become more detail-oriented and determined to make your dreams come true. Many famous entrepreneurs made their hobby into a career, just because they were so passionate about them. Think of what you like, and let your hobby improve your skill set. And, who knows, maybe it will become your career.

2. They want to change the world

“The secret to successful hiring is this: look for the people who want to change the world.” — Marc Benioff, CEO of Salesforce

Whenever you ask an innovative entrepreneur what their goal is, all answers the are similar and have one common goal: to change the world. They think about impossible things to create and try to find a way to make it happen. On their journey, many creative ideas emerge and become real products, which slowly lead to a positive change.

Therefore, when searching for the right employees, successful entrepreneurs always look for people with the same vision – nothing is impossible.

3. They are mostly dog lovers

Wildly successful entrepreneurs have dogs who are treated like members of their family. This may seem as an irrelevant point, but having pets, not only dogs, makes us happier and gives us a positive attitude. All animal lovers understand the need for having a loving pet at home who will make you smile even if it is your worst day. That unconditional love is what makes people bond, helps them keep on going, and most importantly, it reduces stress, which leads to increased productivity and motivation.

Beast, Mark Zuckerberg’s dog, is probably the most famous pet in the world, with well over 2 million followers. If you are an entrepreneur and you are a dog lover, why not get one? If you think it’s a huge obligation, know that you can crate train your puppy quickly and effectively, with the help of a few easy-to-learn tricks and a bit of patience. Even Bill Gates has two dogs called Oreo and Nilla.

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All animals can boost your overall mood and remind you that you have a private life, and that you should focus on important things such as your family, partner, and children. As Richard Branson said: “Business opportunities are like buses, there’s always another one coming.” However, family stays with you through the toughest of times.

4. They don’t give up

“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” — Henry Ford, founder of Ford Motor Company

No one became successful by giving up when faced with a difficult challenge. The first mistake to make when things go wrong is to go along them. You need to go against your failures and use them to your benefit, and not just settle for less or quit. The most successful people in the world failed a lot of times before reaching the top, and if they had just quit at the first sign of trouble, they wouldn’t have changed the world and left a legacy.

Remember, failure is inevitable, but so is success.

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5. They invest in themselves

In order to make a successful company, you need to have a winning mindset, and if you want to develop something worthwhile, you need to improve yourself first. Many new entrepreneurs struggle with money, as it is really hard out there. Even the debts of regular households are increasing, so it is no wonder that entrepreneurs and startups face huge debts and money losses.

Manage your budget well and invest in your education first. Whether it is a course or an online lecture, you need to improve your knowledge. Later on, you can take a vacation in order to get rid of the everyday pressure and stress, but you should focus on self-improvement for now.

6. They always go for more

“Always deliver more than expected.” — Larry Page, co-founder of Google

If someone puts a limit to your idea, and says it’s all that can be done, don’t believe them. Use creativity and knowledge to go beyond the possible. Never do the expected, but strive for more. Surprise everyone and yourself by reaching higher goals. Doing only what is expected of you is pretty boring, but taking your job to the next level and being innovative is the main thing that will make you stand out from the crowd.

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7. They are persistent no matter what

“I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” — Steve Jobs, co-founder and CEO of Apple

I like to look at being persistent as being spoiled. You want to do something and it’s your way or the highway. You won’t compromise and you won’t accept failure as an obstacle. But, you will be determined to make it right. You will forget the definition of the word “failure” and give it another meaning, which is a big step towards getting what you want. As Steve Jobs said, pure perseverance is the characteristic of a successful entrepreneur.

8. They are bike lovers

Many celebrities and entrepreneurs love bikes. Even the youngest billionaire in the world, Dustin Moskovitz, the co-founder of Facebook, still rides a bike to work. Recently, Larry Page, the CEO of Google, discussed his desire to get everyone to ride bikes. He has also suggested building an aerial bikeway, but we’ll give him some more time to develop that idea. Until then, the only air connection with a bike we accept is an aero road bike. Whether you choose an aero bike or a regular one, try including it in your daily routine.

Riding a bike, just like any exercise, releases endorphins which make us happier and more productive. Aside ffrom helping your mind focus better, your body will be thankful too, as you will improve your stamina and overall health as well.

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If you don’t have these characteristics, work on developing them and don’t be afraid to change the world. As I mentioned above, failure is inevitable, but with perseverance and hard work, so is success.

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Katarina Milovanovic

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Last Updated on August 16, 2018

10 Huge Differences Between A Boss And A Leader

10 Huge Differences Between A Boss And A Leader

When you try to think of a leader at your place of work, you might think of your boss – you know, the supervisor in the tasteful office down the hall.

However, bosses are not the only leaders in the office, and not every boss has mastered the art of excellent leadership. Maybe the best leader you know is the co-worker sitting at the desk next to yours who is always willing to loan out her stapler and help you problem solve.

You see, a boss’ main priority is to efficiently cross items off of the corporate to-do list, while a true leader both completes tasks and works to empower and motivate the people he or she interacts with on a daily basis.

A leader is someone who works to improve things instead of focusing on the negatives. People acknowledge the authority of a boss, but people cherish a true leader.

Puzzled about what it takes to be a great leader? Let’s take a look at the difference between a boss and a leader, and why cultivating quality leadership skills is essential for people who really want to make a positive impact.

1. Leaders are compassionate human beings; bosses are cold.

It can be easy to equate professionalism with robot-like impersonal behavior. Many bosses stay holed up in their offices and barely ever interact with staff.

Even if your schedule is packed, you should always make time to reach out to the people around you. Remember that when you ask someone to share how they are feeling, you should be prepared to be vulnerable and open in your communication as well.

Does acting human at the office sound silly? It’s not.

A lack of compassion in the office leads to psychological turmoil, whereas positive connection leads to healthier staff.[1]

If people feel that you are being open, honest and compassionate with them, they will feel able to approach your office with what is on their minds, leading to a more productive and stress-free work environment.

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2. Leaders say “we”; bosses say “I”.

Practice developing a team-first mentality when thinking and speaking. In meetings, talk about trying to meet deadlines as a team instead of using accusatory “you” phrases. This makes it clear that you are a part of the team, too, and that you are willing to work hard and support your team members.

Let me explain:

A “we” mentality shifts the office dynamic from “trying to make the boss happy” to a spirit of teamwork, goal-setting, and accomplishment.

A “we” mentality allows for the accountability and community that is essential in the modern day workplace.

3. Leaders develop and invest in people; bosses use people.

Unfortunately, many office climates involve people using others to get what they want or to climb the corporate ladder. This is another example of the “me first” mentality that is so toxic in both office environments and personal relationships.

Instead of using others or focusing on your needs, think about how you can help other people grow.

Use your building blocks of compassion and team-mentality to stay attuned to the needs of others note the areas in which you can help them develop. A great leader wants to see his or her people flourish.

Make a list of ways you can invest in your team members to help them develop personally and professionally, and then take action!

4. Leaders respect people; bosses are fear-mongering.

Earning respect from everyone on your team will take time and commitment, but the rewards are worth every ounce of effort.

A boss who is a poor leader may try to control the office through fear and bully-like behavior. Employees who are petrified about their performance or who feel overwhelmed and stressed by unfair deadlines are probably working for a boss who uses a fear system instead of a respect system.

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What’s the bottom line?

Work to build respect among your team by treating everyone with fairness and kindness. Maintain a positive tone and stay reliable for those who approach you for help.

5. Leaders give credit where it’s due; bosses only take credits.

Looking for specific ways to gain respect from your colleagues and employees? There is no better place to start than with the simple act of giving credit where it is due.

Don’t be tempted to take credit for things you didn’t do, and always go above and beyond to generously acknowledge those who worked on a project and performed well.

You might be wondering how you can get started:

  • Begin by simply noticing which team member contributes what during your next project at work.
  • If possible, make mental notes. Remember that these notes should not be about ways in which team members are failing, but about ways in which they are excelling.
  • Depending on your leadership style, let people know how well they are doing either in private one-on-one meetings or in a group setting. Be honest and generous in your communication about a person’s performance.

6. Leaders see delegation as their best friend; bosses see it as an enemy.

If delegation is a leader’s best friend, then micromanagement is the enemy.

Delegation equates to trust and micromanagement equates to distrust. Nothing is more frustrating for an employee than feeling that his or her every movement is being critically observed.

Encourage trust in your office by delegating important tasks and acknowledging that your people are capable, smart individuals who can succeed!

Delegation is a great way to cash in on the positive benefits of a psychological phenomenon called a self-fulfilling prophecy. In a self-fulfilling prophecy, a person’s expectations of another person can cause the expectations to be fulfilled.[2]

In other words, if you truly believe that your team member can handle a project or task, he or she is more likely to deliver.

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Learn how to delegate in my other article:

How to Delegate Work (the Definitive Guide for Successful Leaders)

7. Leaders work hard; bosses let others do the work.

Delegation is not an excuse to get out of hard work. Instead of telling people to go accomplish the hardest work alone, make it clear that you are willing to pitch in and help with the hardest work of all when the need arises.

Here’s the deal:

Showing others that you work hard sets the tone for your whole team and will spur them on to greatness.

The next time you catch yourself telling someone to “go”, a.k.a accomplish a difficult task alone, change your phrasing to “let’s go”, showing that you are totally willing to help and support.

8. Leaders think long-term; bosses think short-term.

A leader who only utilizes short-term thinking is someone who cannot be prepared or organized for the future. Your colleagues or staff members need to know that they can trust you to have a handle on things not just this week, but next month or even next year.

Display your long-term thinking skills in group talks and meetings by sharing long-term hopes or concerns. Create plans for possible scenarios and be prepared for emergencies.

For example, if you know that you are losing someone on your team in a few months, be prepared to share a clear plan of how you and the remaining team members can best handle the change and workload until someone new is hired.

9. Leaders are like your colleagues; bosses are just bosses.

Another word for colleague is collaborator. Make sure your team knows that you are “one of them” and that you want to collaborate or work side by side.

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Not getting involved in the going ons of the office is a mistake because you will miss out on development and connection opportunities.

As our regular readers know, I love to remind people of the importance of building routines into each day. Create a routine that encourages you to leave your isolated office and collaborate with others. Spark healthy habits that benefit both you and your co-workers.

10. Leaders put people first; bosses put results first.

Bosses without crucial leadership training may focus on process and results instead of people. They may stick to a pre-set systems playbook even when employees voice new ideas or concerns.

Ignoring people’s opinions for the sake of company tradition like this is never truly beneficial to an organization.

Here’s what I mean by process over people:

Some organizations focus on proper structures or systems as their greatest assets instead of people. I believe that people lend real value to an organization, and that focusing on the development of people is a key ingredient for success in leadership.

Learning to be a leader is an ongoing adventure.

This list of differences makes it clear that, unlike an ordinary boss, a leader is able to be compassionate, inclusive, generous, and hard-working for the good of the team.

Instead of being a stereotypical scary or micromanaging-obsessed boss, a quality leader is able to establish an atmosphere of respect and collaboration.

Whether you are new to your work environment or a seasoned administrator, these leadership traits will help you get a jump start so that you can excel as a leader and positively impact the people around you.

For more inspiration and guidance, you can even start keeping tabs on some of the world’s top leadership experts. With an adventurous and positive attitude, anyone can learn good leadership.

Featured photo credit: Unsplash via unsplash.com

Reference

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