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These 7 Behaviors Prove That You’re A Born Entrepreneur

These 7 Behaviors Prove That You’re A Born Entrepreneur

Have you always felt like you were destined for more? Like you were meant to strike out and do your own thing? That’s how I’ve always felt. I wasn’t much interested in fitting into society, but was more focused on how I could change it. My earliest memory of entrepreneurship was coming up with the idea to sell balloons to my friends at school. I seem to recall that I would sell them for $2.50. Unfortunately, I wasn’t as intelligent as I was ambitious. I still remember trying to cram a blown-up balloon into my school bag and wondering how I was going to fit in more than one. Fast forward about 20 years and I’ve still got that itch. The company I work for was recently acquired by a huge, billion-dollar corporation. It made me think: Do I want to subject myself to the whims of forces out of my control? The answer was “no”. I felt like I could be an entrepreneur, but I had to model myself after other people who have made it. Here are the seven behaviors I discovered that make people born entrepreneurs:

1.  Never felt as interested in buying things as I did in working out how they were being sold

No matter the craze: Apple products, mobile games, clothes, sneakers, or luxury goods, I couldn’t get sucked in. Instead, I watched on the sidelines as other people couldn’t help themselves and shelled out their hard-earned cash to buy something they couldn’t live without. I was more fascinated how companies and brands did this. What made them so attractive? How did their customers feel after acquiring their products? How did they make them feel this way? I was hell-bent on understanding this.

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2. An insatiable hunger to learn more about people and what makes them take action

I’ve always been interested in people and what makes them tick. There’s this quote which is often attributed to Einstein that I love: “Computers are incredibly fast, accurate, and stupid; humans are incredibly slow, inaccurate, and brilliant; together they are powerful beyond imagination. ”Our brilliance comes from our minds. They can sometimes fail us when we most need them to work, but they have already gotten us this far. Having said this, there are numerous “loopholes” which make us susceptible to triggers that can make normally very rational people behave irrationally. This fascinates me. It’s what makes people consider that something is a bargain if they see a “SALE” sign next to it, even though they may not know what the original price was. If it fascinates you too, then you could be a born entrepreneur.

3. Refusal to settle and accept that this is all there is to life

When I commute to work I try to block myself from the wave of dreariness that hits me every time I board the train. Everyone looks bored and is trying to distract themselves from the reality that they have created. When I surreptitiously peek at their phones it’s always the same culprits: Facebook, Candy Crush, Instagram, envy, instant gratification, and jealousy. This is not how life’s meant to be lived. I don’t have any of those apps on my phone. Don’t get me wrong. Some days I just want to forget the world and get lost in a game. The problem is when it happens every single day, without knowing it you’re conditioning your brain to get stuck in a rut. Once you’re there it’s hard to get out.

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Entrepreneurship is about getting out of your comfort zone every single day. The only thing that’s certain is that there will almost always be a new challenge to throw you off balance. If you don’t like that then the routine of a regular job probably suits you.

4. Have a high emotional intelligence

Being an entrepreneur is less about being smart and more about knowing how to manage your own emotions. Time and time again we see people who have no formal education coming out on top simply because they possess grit and the courage to keep the dream alive. While this might seem simple, it’s not easy. Think about Colonel Sanders trying to find a kitchen that would cook his Kentucky Fried Chicken. 1,009 times he was told “no” before he found a place that would accept his recipe, and now look at the legacy he has left: thousands of jobs and happy customers all over the world. He might not have considered himself an entrepreneur, but in every sense of the word, he was. Would you take 1,009 “no’s”? I’m not even sure I would. Think hard about this before you decide to venture out.

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5. Constantly having ideas of ways to improve existing products

I can’t help it. When I see products I have to analyze them and see whether they can be improved in some way, shape, or form. Sometimes it’s not even the product. It’s the marketing and advertising. If it’s done poorly and doesn’t accurately communicate the benefits it drives me up the wall. This circles back to a desire to understand people. If there’s no interest in people, there’s no interest in their problems. That’s reflected in the product. People don’t want something cool and shiny. They want their itches scratched.

6. Unafraid to lead, be unpopular, and buck the trend for the greater good

This is something a lot of people can’t handle. Too much of their self-worth rests in the basket of other peoples’ opinions. Of course, this is all in their heads; people will respect you more if you tell them “no” sometimes. The difference here is when you’re an entrepreneur and trying to change people’s opinions or behaviors, you’re doing it on scale which is exponentially more difficult. Entrepreneurs are about creating value through new concepts. Sometimes it takes months- maybe years- for acceptance of a concept. That’s why patience and perseverance in the face of rejection are important traits in entrepreneurs. If you aren’t able to do something by yourself for a period of time before it becomes popular, entrepreneurship may not be the right avenue for you.

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7. Great keeper of habits

Entrepreneurs are able to fall in love with boredom and compound consistent, hard work every day. Too often the romantic aspect of entrepreneurship is emphasized, while the hard work involved is overlooked. Yes, entrepreneurship can sometimes provide stomach flips but a lot of the work is also dull and uneventful. For example, you might do a lot of cold calling trying to find customers. Not only can this be nerve- wracking, it’s also dull. In the early days if it’s just you on your own, you might have to do a lot of the writing, coding, or designing yourself, which is hard work and can be monotonous. Entrepreneurship isn’t for people who can’t focus and stick to tasks. Keeping good habits is the fuel that supports the belief that you can create something worthwhile that will benefit society.

How many of these seven behaviors do you possess? Do they reaffirm that you are (or are not) a born entrepreneur?

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Last Updated on August 7, 2018

14 Powerful Leadership Traits That All Great Leaders Have

14 Powerful Leadership Traits That All Great Leaders Have

Being a leader of a company or organization is certainly a difficult and often frustrating position – but it can also be tremendously rewarding.

Whether you’re just starting out as a leader, or have been leading for a while, you’ll be sure to benefit from knowing the essential traits that all great leaders possess.

Effective and successful leaders transcend the title of ‘manager’ or ‘boss’. They’ve found a way to achieve the perfect combination of charisma, enthusiasm and self-assurance (with a healthy dose of luck and timing probably added to the mix).

It may seem like some people are gifted with leadership skills, but the truth is most leadership traits can be learned, adopted, and strengthened with time and practice.

As we delve into the list of effective leadership traits, you will learn the behaviors and attitudes of a good leader.

The 14 most important leadership traits

Please read through the list of leadership qualities carefully. Take note of which of the traits you excel at – and which ones you need to work at.

Traits for better self-development

1. Vision and mission

Having a clear picture of what needs to be achieved is a crucial quality of good leadership.

This vision is often communicated in a mission statement, such as this one from Starbucks:

    How to develop vision? Spend time pinpointing what you need to achieve, and then plan the steps to get there. Here’s a complete guide on creating your own vision.

    2. Self-motivated

    It’s no coincidence that successful leaders have an abundance of self-motivation.

    Without a decent level of self-motivation, you’ll struggle to become a strong and respected leader. However, if you don’t have a lot of self-motivation right now, don’t despair.

    One of the secrets is to have definite goals to keep you motivated at all times. Some people also choose to reward themselves every time they achieve a goal, and this is certainly a good way to keep yourself enthused and motivated. Learn how to set an ambitious yet achievable goal here.

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    3. Optimism and positivity

    Positive energy is contagious. Great leaders are overflowing with this type of energy.

    Not only does a positive mindset make leaders easy to work with, but it also gives them a constant source of inspiration and ideas.

    Tap into this energy by aligning yourself with positive people and positive goals. Find out more about the habits of positive people here.

    4. Emotional stability

    In leadership positions, frustration and stress are daily occurrences. This is why leaders need to have strong and stable emotions. They can’t allow themselves to be easily knocked off track.

    If you’re prone to losing your emotional stability when stressed or frustrated, try some of these techniques: breath deeply and slowly for 30 seconds, go for a walk, drink some water (instead of tea or coffee), turn your focus onto something you can resolve. Here’re some effective ways to control your emotions.

    5. Self-confidence

    Watch a presentation by any CEO and you’ll see that even if they’re not natural presenters – they make up for this by having powerful self-confidence.

    It’s not just CEOs who have self-confidence, any successful leader will have this trait in abundance. One reason for this, is that only a confident person can persuade others and gain their respect.

    Worried that you have low self-confidence? Try faking it. Psychologists often recommend that if you ‘act’ at being confident, you’ll start to look, sound and feel like you ARE confident. And in time… you will be.

    If you look for more ways to boost your self-confidence, this confidence coach has got you some nice advice:

    How to Be Confident: 62 Proven Ways to Build Self-Confidence

    6. Decisiveness

    Leaders are frequently called upon to make decisions (some leaders may have to make dozens of decisions every day). In fact, you could say that making decisions is one of the key things a leader must do.

    Spend some time observing highly-successful leaders and you’ll see that they are quick to make decisions. They also enjoy making decisions, rather than stressing out like many non-leaders do when they’re asked to decide on something.

    Put yourself in the leadership bracket by developing your decision-making skills. Start with small decisions – and then work your way up to bigger and more difficult decisions. Once other people notice your decision-making prowess, they’ll automatically see you as leadership material.

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    I know it’s really quite difficult to make the right decisions sometimes, but don’t worry, here’s a guide for you:

    How To Make Good Decisions All The Time

    7. Passion and enthusiasm

    Expressive. Active. Energetic. These are words best describe a passionate leader.

    Great leaders are lively, driven and are possessed with zeal and purpose. It’s this passion that helps them achieve big results. If you want to emulate their success, then you need to develop passion and enthusiasm for the work at hand, and the end goals.

    Take a look at this Passion Pyramid to find out how importance a leader’s passion is to the team:

      One way to do this is to find what motivates you, and keep your focus firmly on that. For example, i f you’re motivated by helping others, then make sure your role and company are both suited to realizing this. If you’re motivated by money, then put your focus on achieving bonuses and pay rises.

      Take a look at Leo Babauta’s guide on how to find your passion.

      8. Accountability and responsibility

      Exceptional leaders know that at all times they’ll need to take responsibility for tasks and their results. This includes things likes individual and team performance, as well as being accountable for when things go wrong.

      When negative things occur (and you can guarantee they will from time-to-time), a great leader will immediately step in and take responsibility. Initially, they’ll try to resolve the problem in as quick and smooth a way as possible. But if this is not feasible, they’ll be sure to say that the buck stops with them – and they take full responsibility for what has happened.

      To develop your leadership skills, you must never shy away from responsibility or accountability. If you prefer to sweep mistakes under the carpet, then you’re demonstrating non-leadership traits. Try owning up to issues and finding solutions to them. By doing this, you’ll immediately gain people’s respect.

      Find out some tips on how to be a more responsible person here.

      9. Focus

      Distractions are everywhere. And it takes major focus to stay committed to tasks and goals. The best leaders understand this, and therefore, they’re always looking at ways to boost their team’s focus.

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      One way leaders do this, is to keep their team intensely focused on the bigger picture. This might entail allocating specific time for tasks and eliminating any non-essential work.

      If you’re easily knocked off track, you’ll need to spend some time boosting your focus. Try planning your day, week, month and year to help ensure that you don’t fall behind with achieving your goals. Check out the 7 strategies of staying super focus recommended by a productivity coach.

      10. Ever-learning

      Leaders know that to be successful they need to continually update their skills and knowledge. They deliberately learn all they can about their profession and industry, so they’ll able to make confident and assured decisions.

      Why is ever learning so important? I’ll leave it to you to find out the reason here:

      If I Am Living a Good Life, Why Should I Bother Learning New Stuff?

      Imagine a CEO of a solar power company. His company may have amazing solar panels, but when it comes to discussing business with potential buyers, if the CEO or his sales team show a lack of understanding about the solar industry and future trends, etc., they’ll be unlikely to win any business.

      It’s exactly the same for you. If you’re a team leader at an electronics store, you should make sure you fully understand all the products that you offer. But go beyond just that, and read about upcoming products and trends that might change what customers are interesting in buying in the future.

      Traits for effective communication

      11. Empathy

      The best leaders understand the feeling of their team members, customers and associates. They know when to praise, and when to discuss problems (usually in private).

      Without empathy, leaders will be seen as cold, harsh and lacking understanding. They’re also likely to be regarded as untrustworthy.

      One way to ‘put yourself in someone else’s shoes’ is to have regular informal discussions with your colleagues. When you do this, you’ll quickly learn their fears and desires. And when you understand why they have these – you’ll be in a position to express empathy. You can also learn to be more sensitive to others’ needs by taking up these communication skills.

      12. Persuasive and influential

      Communications are at the heart of all transactions. Whether it’s pitching for a sale or resolving a customer complaint, how you communicate will determine the outcome.

      Charismatic leaders such as Richard Branson (Virgin) and Mark Zuckerberg (Facebook) are confident and persuasive communicators. They know how to win over audiences and leave a lasting impressing in people’s minds.

      There’re some common barriers that you’ll have to overcome in order to communicate effectively:

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      How to learn effective communication? You could join the world-renowned U.S. nonprofit Toastmasters International. They’ve been training people in the art of public speaking since 1924, and members have included Napoleon Hill, author of Think and Grow Rich, and Star Trek actor Leonard Nimoy.

      If you don’t have time to join a club, then practice your communications skills at home. You can do this in front of a mirror, or even better, video yourself presenting, and then ask some friends and family members for feedback. You’ll be amazed at what they pick up on.

      Traits for ensuring an engaging team

      13. Team building

      If you put a bunch of random people together, you may have a loose definition of a team. In reality, a real team has purpose, drive – and a leader lighting the way.

      If you’ve worked in different teams and with different managers, you’ll no doubt have come to this conclusion:

      Managers who treat their team members like children are unpopular with the team. Conversely, managers who treat their team members like adults, are respected and well-liked by the team.

      The days of disciplinarian managers are passed. Nowadays, successful team leaders know how to inspire and motivate their team, while keeping a harmonious atmosphere between all team members.

      14. Fostering creativity

      Solutions to problems are rarely black and white. Often it takes a leader who can ‘think outside the box’ to come up with answers. In other words, a leader must be creative, and also help to foster creativity and innovation throughout their team.

      Creativity is not only associated with pursuits such as arts, literature and music, running a team can be just as creative. There will be times every day when you need to come up with ideas and give guidelines for your team to come up with theirs to solve problems.

      Leadership is a journey of continuous learning

      Leadership is an amazing experience that will take you on roads you’ve never traveled before.

      Begin now to build your skills and experience, pick out the traits that you currently lack – and then work on developing those.

      It will take tons of practice and time before becoming an effective leader but eventually you will join the ranks of great leaders.

      Featured photo credit: unsplash via unsplash.com

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