Are there secret traits entrepreneurs share? Perhaps, but they certainly don’t have to be, and likely aren’t a secret. If you’re an entrepreneur, I’ll bet you share these traits.

  1. They understand what gets them out of bed in the morning. Being motivated to be an entrepreneur through good times and bad is what motivates entrepreneurs.
  2. They choose an endeavor that is in alignment with their skills and their passions. Trying to fit a square peg in a round hole and running a business around it, is not going to bring joy to you or your employees. Find what you love and then find what people will pay for that aligns with what you love and you are on the road to a business that will inspire you.
  3. They are frugal. Start-ups know that money will be tight and because of that they are willing to “eat Ramen” and cut expenses to help their business succeed. They also know it’s not necessary to operate from a high end store front or to invest in all new equipment, when used will work just fine in the start up phase. You need to be penny-wise in your start up phase.
  4. They are “shameless” in promoting themselves and their business. You can be shameless with self promotion without being obnoxious. Keep front of mind how you can HELP others with your business, not just what you can SELL others.
  5. They interact with like-minded individuals. Getting out of the office and being with like-minded business owners at networking events helps keep you motivated and inspired to move forward. Talking through your struggles with someone outside of your organization may help you find a solution you hadn’t considered.
  6. They are resilient and don’t take failure personally. Sure, it hurts when something you’re trying fails, but if you can bounce back and learn from that “mistake” then you can move forward stronger for having had that failure. I don’t look at anything in business that doesn’t work as planned as a failure; I look at everything I try as an experiment that I learn from.

Do you share any of these entrepreneurial traits? What secrets do you have?

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