Six Skills Needed to Become a Successful Entrepreneur

Most of the knowledge I needed to succeed as an entrepreneur did not come from any particular schooling I had.  Even my husband, as an MBA graduate, says what he learned is only a fraction of what is needed to become successfully self-employed.

One of the main actions that helped both of us learn to ‘take it to the next level’ is our own thirst for knowledge.  We are both avid readers (our business book collection would put most book stores to shame!) and spend a large portion of our day reading and learning.

One of our favorite magazines that has helped us along our journey is Six Skills to Becoming a Successful EntrepreneurEntrepreneur Magazine and their companion website.

I ran across this article that describes some great points:

6 Business Skills They Didn’t Teach You In College

1. Find Your Focus.

Entrepreneurs tend to have what I call EADD: Entrepreneurial Attention Deficit Disorder. They are all over the place, they have shiny object syndrome… and that’s because they’re creative!…

Oh, I love this one because I see this so often in my husband!!  Focus, focus, focus … you can’t succeed if you keep getting distracted by the ‘shiny object syndrome’!  And, of course, the very thing that causes the EADD is also the very trait that makes these folks so creative!

2. Don’t take “no” for an answer.

When we start planning something really big, we can expect to encounter big resistance — people telling us it will never work and rejecting our ideas. Stick with it! Don’t take “no” for an answer….

This is a very important point that I learned early as a sales rep (and, of course, all my sales jobs previously to that).  Sometimes, you have to stop listening to all the nos (and the people telling you no) and start taking positive steps towards the yeses!

3. Jump In with both feet.

As entrepreneurs, we have to be willing to go into uncharted territory, to do what others haven’t and what they may even be discouraging us from doing. Generally, as humans, we fear change….

Closely related to point #2, commitment to seeing it through, along with our fear of failure, can stop us dead, if we allow it. In order to be successful, we all need to work through this fear!

4. Learn to say “no” for yourself.

We’ve covered how important it is for entrepreneurs to know how to say yes, take leaps of faith and be brave in their decision making, but we also need to learn how to say no….

Good advice for those of us who just can’t seem to say no to all the requests and opportunities out there. Once again, related to the previous point, focus is an important facet to moving forward towards our goals.

5. Forget about perfection.

A lot of business owners get stuck on perfectionism. That is just not how business works. You simply need to move forward, throwing things at the wall to see what sticks and tweaking along the way….

Watch out if you are a perfectionist as you are bound to make lots of mistakes along the way.  To kept your momentum, you may need to settle for just a bit less that what you think is perfect!

6. Focus on sales.

It can be all too easy to get stuck in a romantic view of your business when you are doing what you love, forgetting about the simple fact that it also needs to be profitable.

Duh!  But this is the one point that trips me up occasionally.  I am so motivated to help folks that I lose my sense of business and forget that I am in this to make a living!

Make sure to read this complete article — it is great!!

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1 comment for “Six Skills Needed to Become a Successful Entrepreneur

  1. August 3, 2016 at 1:58 am

    “Entrepreneurship is living a few years of your life like most people won’t, so you can spend the rest of your life like most people can’t”

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