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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

Creative Writer

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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