6 Traits of Successful Entrepreneurs From Around The World

Let’s play a quick game.

Close your eyes, and name 5 successful entrepreneurs.

Let’s name a few: Jack Ma, Bill Gates, Elon Musk, Mark Zuckerberg and Jeff Bezos. 💼

After naming these entrepreneurs, most of us may find ourselves subconsciously comparing our success to theirs.

Often times, we name successful people. But we rarely name ourselves as one of the successful people on the list.

If we tried shifting our perspective a little, we might start to say something like: “I may not be as successful like them, but I WILL get there one day!” 💪

This is positive thinking, and positive reinforcement helps to strengthen our self-esteem and worldview in our minds and emotions.

Don’t worry if you’re only just starting out in business. Here’s something we like to say: “You don’t have to be great to start, but you have to start to be great.” 🙂

6 Traits of Successful Entrepreneurs

With that said, let’s look into the top traits of successful entrepreneurs:

  1. Take Risks with Courage & Boldness

    Regardless of the industry they’re in, successful entrepreneurs are bold risk-takers who take necessary risks. 💪

    Taking risks doesn’t mean leaping into a business blindly and then expect great results. 📊📈

    It just means making a decision about the unknown based on the data and statistics you have at the moment. ⏱️

    Some risks, even the most carefully calculated ones, will fail. But don’t let this fear paralyse you from making decisions. Often, we don’t regret the decisions we made, but we regret the risks we didn’t take. Here’s a quote that might resonate with you.

    “I knew that when I was 80, I was not going to regret having tried this… I knew that if I failed I wouldn’t regret that. I knew the one thing I might regret is not ever having tried. And I knew that would haunt me every day.” – Jeff Bezos, Amazon

  2. Possess A Customer-Centric Mindset

    Customers are the reason why businesses exist. Successful businessmen understand this. That’s why they place their customers at the center of their business. 💼

    Having a customer-centric mindset means that you think about how your actions and decisions will affect your customer’s experience. 🤝

    The better you know your customer, the more you’re likely to succeed in delivering the products and services which your customers want/desire.

    This could lead to an increase in your profits because you’re delivering a product that people want. 🤩

    Don’t worry if you don’t feel like you’ve developed this mindset yet. This is one of the key traits of successful entrepreneurs which can be developed over time and through experience. Keep trying. 💪

  3. Develop Persistence & Dedication

    A wise man once said: “Why do we fall? So we can learn to pick ourselves up.” 💪

    This is one of the biggest defining traits of successful entrepreneurs. It’s your ability to take hits and keep going, whilst learning from your mistakes as you go along.

    Your failures do not define you as a person. You are not a failure, just because you failed many times. ❌

    Remember that guy you see on KFC buckets? 🍗 His name is Colonel Sanders. He tried to franchise his restaurant, but was rejected 1009 TIMES before his recipe was finally accepted. Is he a failure? Maybe not. After all, his franchise (KFC) grew into a big success that rose to global prominence.

    If you already started a business, here’s an analogy you might relate to: running a business is like sailing a ship. Sometimes, you face rough seas and other times it’s smooth sailing. ⛵

  4. Ignite Passion for Your Business

    Cars need fuel to move. 🚗 Entrepreneurs need passion to spearhead their business.

    This is one of the essential traits of successful entrepreneurs. If you aren’t passionate about your business, it’s hard to convince your customers to buy, and investors to invest in your business. 💼

    When you have passion, your customers will recognise it through your marketing and advertising efforts, the quality of your products and the excellence of your customer service will also improve as a result of your enthusiasm.

    As a whole, you’ll also become more persuasive and motivated as a businessman because you enjoy doing what you love. As Steve Jobs famously said: “the only way to do great work is to love what you do.”

    So, find an industry you love and start running a business like there is no tomorrow. If you haven’t found it yet, then keep looking and don’t settle. 🙂

  5. Futuristic & Goal-Oriented

    Still wondering what other traits of successful entrepreneurs you can learn from? Don’t miss this one! 💯

    Be futuristic. Successful entrepreneurs are able to capture lightning in a bottle by creating a product today that anticipates tomorrow’s demand. ⚡⚡⚡

    You don’t have to become Elon Musk to think like a futurist. Companies such as Uber and Lyft are also futuristic thinkers who noticed market trends and saw an opening to disrupt the taxi industry. 🚕

    Just like them, you can focus on consumer trends and emerging patterns in the market to strategically position your business for future success.

    Remember, the future doesn’t just happen. It’s up to you to mold it and shape it into what you want it to be.

  6. Dress Smart and Professional

    Whilst focusing on your self-improvement, don’t forget to dress smart and stylish.

    It doesn’t have to be expensive Gucci clothes. You can always get affordable, yet stylish clothes. Below are some of our favourite attires for business meetings and formal events. 💼

    Every businessman needs a blazer. If you’re looking for a jet black blazer to wear to business meetings, we’ve got just the right one for you. 👍

    Emmer Zecna’s Rayon-Mix Blazer
    Introducing Emmer Zecna’s Rayon-Mix Blazer. It is ‘wrinkle-free’ and stylishly designed with a lapel neckline, woven with two inner pockets and two mock flap exterior pockets, convenient to keep cash or small items. Click here to check it out. ⬅️

    Emmer Zecna’s Bamboo Fabric Shirt
    Match our blazer with Emmer Zecna’s bestselling Bamboo Fabric Shirt. We’ve sold 1,000 pieces of this beast! It’s also breathable and stretchable, perfect for any occasion, and for hot countries like Malaysia.

    Our material is easy iron and made from bamboo fabric. That means it’s super comfortable and moisture-wicking – You’ll never be wearing clothes soaked in sweat again! 👔💼

    This Bamboo Fabric Shirt is designed for you to look good and feel great. It comes in 6 exciting colours, and best of all, the fabric pulls body heat and sweat away from the skin and absorbs moisture. So you can keep your cool when running from presentation to meeting to the gym. Get our Bamboo Fabric Shirt here. ⬅️

    Emmer Zecna’s Microfiber Slacks
    To complete this look, you can pair it with our Microfiber Slacks. 💯 These slacks are easy iron and quick drying which means you don’t have to spend hours drying and ironing them – more time to hustle! 💪

    These slacks will be your best friend because it’s crease-free and low maintenance. Look sharp and polished all day long with this versatile pair, which is available in a variety of colours. Don’t miss out – Get them here now!

And that’s a wrap! These are all the traits of successful entrepreneurs that will help you build dedication and perseverance as you go on your entrepreneur journey. 🏃‍♂️

Don’t be too hard on yourself if you feel like you haven’t fully developed these traits yet. Everyday has new opportunities for growth. Sometimes we learn them through challenges, and other times, we learn them through the joys in life. 😊

Go forth and make the best of each day!