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When it comes to the characteristics that most successful entrepreneurs and brilliant innovators have, there is no exact set of perfect characteristics that a person needs in order to be a successful entrepreneur. Rather, you need to identify the characteristics that you believe you possess, after which you can focus on leveraging your strengths.

Success as an entrepreneur isn't nearly as rigid as you might believe since entrepreneurs come from all kinds of different backgrounds. No matter who you are or where you come from, you'll be more likely to find success within the startup and entrepreneurial world as long as you possess at least some of these basic entrepreneurial characteristics. From taking risks to having empathy, the characteristics that you have can determine the success or failure of your startup. The following is a detailed breakdown of 11 of the primary characteristics that are held by brilliant innovators and successful entrepreneurs.

Be A Brilliant Entrepreneur Book In Tamil Pdf Free Download

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Being well-informed is absolutely imperative towards achieving sustained access in the industry that your startup has entered. Famous entrepreneurs like Mark Zuckerberg possess this characteristic, which is evident by how Zuckerberg knew how to create a product in Facebook that was better than all other social media alternatives even at its infancy. When you're trying to start a business, you need to do the research that's necessary to be well-informed, which includes research pertaining to your business, the industry as a whole, and your competition.

While you might not need to have this characteristic while your startup is in its early phases, it's going to be essential if you want to grow your business in the future. With good communication skills and strong people skills, you'll be able to grow your network, find connections to other individuals who open up business opportunities, and gain valuable feedback. Some of the most notable entrepreneurs who have possessed this characteristic include Bill Gates and Steve Jobs. While Jobs was known to be abrasive at times, his communication and people skills helped tremendously as he advertised his products to customers and potential partners.

Empathy is the ability to properly understand the feelings of another. While there are some notable entrepreneurs who have lacked empathy, this is a very important characteristic to have for many reasons. For one, you'll be able to better connect with your current and future employees, which should keep workflow efficient.

You also need to understand the needs of your primary audience, which is practically impossible to do if you lack empathy. By understanding the customer's needs, you will be able to create an appropriate business solution that fulfills these needs. Among the more notable entrepreneurs who was known for having empathy for his employees and customers was Jeffrey Brotman. As the co-founder of Costco, Brotman focused intently on making sure that Costco employees had some of the best benefits and working conditions in the industry, which only increased the popularity of the brand with customers.

Curiosity is a fantastic characteristic that's displayed by having a desire to learn or know something. As an entrepreneur, you should be curious about the industry around you and your competitors. By ignoring your competition and the industry that your business is in, you risk having tunnel-vision that causes you to make unwise business decisions. Curiosity can also help you discover new opportunities that you might have otherwise overlooked. Being curious means that you're more welcome to surprises and that you might not be too shocked about failure if ever it occurs. Some entrepreneurs like Steve Jobs are constantly curious and always searching for something new to discover within the industry or their own company. If you want to reach the top of your industry, you need to be curious about new opportunities.

Flexibility is one of those characteristics that's practically essential for entrepreneurs and innovators who want to see success. Entrepreneurs like Fred Smith of Fedex and Henry Ford failed many times in their early careers but were flexible enough to adapt and eventually find success. The startup process is all about learning from your mistakes, iterating, and making something better. The important thing is to be willing to learn and grow as a person and company.

Creativity is likely the most important characteristic of entrepreneurs and innovators who want to become successful. This character trait can help you see a possible solution to a problem that others around you didn't even know existed. While creativity is important for your product if you want it to attract the attention of your core audience, it's also very beneficial for marketing. In the early days of your startup, you're likely going to be attempting to enter a market that's already filled with other successful companies. However, creative marketing strategies could help you set your brand apart from more recognized ones in the industry.

Being resourceful means finding quick and effective solutions for a problem, which is why this is a very important characteristic for entrepreneurs to have. Among the most common difficulties that startups will need to overcome is a lack of cash. If you're resourceful and know how to make good use of as little cash as possible, you can find ways for your business to continue to grow even when it doesn't look like you have the funds to do so. You want to identify creative ways to be resourceful in order to find long-term sustainable success, which includes everything from using free software whenever possible to finding good deals on equipment that your company needs. Chris Washburn, the founder of popular bike manufacturer Fezzari, used limited personal funds and small bank loans to fund the first bike he built, which led to better deals and partnerships.

Growing a small startup into a successful business can make for a very challenging process, which is why you want to have high levels of persistence and drive when starting a business. Persistence means being steadfast and unwavering even when problems and difficulties arise. Being an entrepreneur automatically comes with numerous struggles, which means that you need the drive that's necessary to stick it out when the going gets tough. By looking at the end goal that you have for your business, you should understand that this is a long journey that will require being persistent and driven if you want to find success.

Boredom and apathy are the two characteristics that can spell disaster for a young startup. Maybe you don't enjoy the item you're creating or have allowed a partner to steer the development process into a direction that you weren't interested in. No matter the reason, entrepreneurs need to be passionate about what they're doing. Being passionate about what you do and the startup that you're building can drive your motivation to succeed. Having a strong belief in your product or service will help in the early days when potential success seems further off in the distance.

Although there is no exact set of perfect characteristics that an entrepreneur needs to be successful while building a startup company, it is important for every entrepreneur to have these similar traits.

University Lab Partners, with strong connections to University of California, Irvine (UCI), is Orange County's first wet lab incubator, perfect for entrepreneurs and medtech startups at all stages to better create, test and refine innovations for the biomedical industry.

Ellen is our totally brilliant technology geek who keeps everything running, even when all programs crash on the same day. She's a problem-solver extraordinaire, and the glue that holds our team together. (Probably because she is a true Jill-of-All-Trades!) She's married to Tim and together they have three adorable boys: Malcolm 6, Sean 4 and Jacen 2.

Long before author Stephen King sold over 350 million books, he was a budding entrepreneur. In order to pay his college tuition, young Stephen created a sole proprietor startup with a very entrepreneurial pricing structure.

A pure performance-based business model is clearly not relevant to all industries. However, wily and creative entrepreneurs incorporate an aspect of rewarding results into most of their business relationships.

There's nothing wrong with doing your Thing with someone else or for someone else, so don't get hung up that you **must** be an entrepreneur to really do your Thing. Sure, it's easier to do exactly what you want the way you want to when you're in charge, but there are plenty of smart businesses that will realise that you being allowed to do your Thing the way you want to do it will benefit their business and give them the best results from employing you. So don't worry if you're not an entrepreneur.

You're also probably a little bit crazy. Crazy in the 'daring and don't give a stuff' kinda way. Sure, you're doing your Thing, but you'll do it no matter what anyone thinks. You'll do your Thing because it's your Thing to do and if you have to stand out in the process than so be it. It's not always necessary to be an entrepreneur to be a Business Celebrity, but it's likely.

Spectacular startup success often becomes a game about scouting and recruiting. A common mistake entrepreneurs make is recruiting team members early on simply because they look the part. In the long run, it doesn't matter if on paper, someone's perfect. You want people that can actually do the job. That VP of Sales candidate that has 15 years of experience at Oracle? Likely not worth it for you. They'll look the part, but they may not be able to deliver the goods. And, like Johnny Damon, she's going to be expensive. Get good at seeing talent where others don't.

The startup world is filled with superstars that get overlooked or don't quite make it because they're "quirky" or otherwise don't fit preconceived patterns of people think a person in a given role should look and feel like. None of that matters. When recruiting engineers, find brilliant people that write code that solves the problem simply, effectively and can be maintained without brain damage. When hiring sales people find those that have high emotional IQ and care about truly understanding customer problems -- and selling them a solution. Figure out what success looks like for a given role, and ignore the irrelevant details. (Note: Culture fit is not an irrelevant detail. Things that are irrelevant are age, nationality, gender, etc. -- things that have no bearing on the outcome). ff782bc1db