Entrepreneurship

Entrepreneur: A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

I’ve always found the key to successful entrepreneurship is the willingness to just do it! This is, of course, not a revolutionary thought. Many of the greats (and my personal heroes) have thought this way. Richard Branson is perhaps my favorite entrepreneur of all time and his company motto is "screw it, let's do it!" How can you not love that attitude?

You have to be ok with failing. You have to be ok with making mistakes. You have to be ok with people telling you that you're crazy. Because the truth is, if you're not failing, you're not trying hard enough. And if you're not making mistakes, you're not learning. And if people aren't telling you that you're crazy, then your ideas probably aren't ambitious enough.

The best entrepreneurs are usually the ones who are able to take feedback and criticism well. They're also usually the ones who are coachable. They know that they don't know everything and they're willing to learn from others.

So if you want to be a successful entrepreneur, my advice to you is to just go for it! And don't forget to have fun along the way.

What It Takes to Be a Successful Entrepreneur

There’s no one-size-fits-all answer to this question, as each entrepreneur’s journey is unique. However, there are some commonalities among successful entrepreneurs. Here are a few personality traits, pieces of advice, and examples of some of the best in the business.

1. Be passionate about your work.

2. Never give up.

3. Be coachable and open to feedback.

4. Take risks.

5. Learn from your mistakes.

6. Be persistent.

7. Surround yourself with a great team.

8. Be prepared to work hard.

9. Be flexible and adaptable.

10. Have a sense of humor.

Some of the best entrepreneurs in the world embody these qualities. Bill Gates, for example, is passionate about technology and its potential to change the world. He’s also never given up, even when his first business ventures failed. And he’s certainly been coachable, seeking out the advice of more experienced entrepreneurs like Warren Buffett.

Like Bill Gates, Jeff Bezos is also passionate about technology and its potential to change the world. He took a risk when he quit his well-paying job to start Amazon, and he’s learned from his mistakes along the way. He’s also been flexible and adaptable, pivoting Amazon’s business model as the market has changed.

Thanks for reading!