Attributes of Successful Entrepreneurs (in my opinion!)

attributes of successful female entrepreneurs

We hear it all the time…. ‘If you’ve got passion for something then you’ll succeed.’

Like that’s all we need! I WISH! Imagine that…. All you have to do is find something that lights you up, you have a real passion for and hey presto you’ve made it as an entrepreneur.

I agree it all starts with passion. Without it you’re missing the Sat Nav of business. You’ll surely go off in all sorts of directions if you’re not steered by a strong passion & purpose.

So with that said I’m not including passion in my list. It’s a given. It’s where your entrepreneurial journey starts, on day 1.

Now what I’d like to share with you is a bunch of attributes that are needed after day 1. Once you’ve established your new and exciting venture, what next? What do you really need to do to get past those first 3 years and smash those depressing stats?

According to Fundsquire 60% of new businesses fail in the first 3 years. Read more detailed stats on why businesses fail here.

So it’s really important we get on board with the right mindset from the get go and equip ourselves with the best positive mental attitude we can and absolutely give ourselves the best possible chance of success. Because I don’t know about you but I ain’t doin’ nothing else! Seriously though… during the tough times (and they can hit you like a bullet train when you’re really not expecting it) I’ve dug out my dusty CV and trawled LinkedIn for an employee role. I’m pretty half hearted about it, as obviously I don’t actually want to go to an office and work 9-5 and make small talk by the photocopier. Surely offices don’t actually have photocopiers these days do they? #ShowingMyAge

Anyways what I’m trying to say in a round about way is that running your own business is flippin hard and many times I’ve felt like throwing in the towel, but I keep on trudging through and within a quickety quick flash I’m reminded why I do what I do and why I love it so much! Then I’m back on the Happy Bus and all is well in my world.

Here we go then with my list of the top 8 attributes of successful entrepreneurs (btw if you’d like to listen to my Clubhouse discussion on this topic, click here)

  1. Inner Belief. You’ve got to have an unwavering belief in yourself and your abilities. One that doesn’t tumble down at the first hurdle. I know, easier said than done right? Think about how you can strengthen your inner belief on a daily basis. What would it require today to feel an even stronger sense of your purpose? Your mission? To have confidence in abundance? 

  2. Persistence. How quickly do you give up? Keep going, don’t take a ‘No’ as a personal rejection. Ensure your feel-good cup is full up so the stumbling blocks don’t knock your confidence. Have a follow up system so it’s easy to stay in touch with people. Remember your own experiences as a customer – how many times have you been grateful for a gentle reminder about booking a ticket, renewing a membership or buying your bestie birthday flowers!

  3. Determination. With No 1 & 2 in place, No 3 comes easier. Hand in hand like crumble and custard. Think about when you’ve felt your most determined. How amazing does that feel? I’m with you there now, oh it feels AWESOME! Now take a step back… what lead to that feeling? What was your environment? Who was around you? How can you recreate that Super Woman power whenever you need a boost?

  4. Outside the box thinking. Be creative with your business. It’s one of the perks of being self employed! We don’t have to do things the way everyone else does.

  5. Take Risks. I’m not encouraging you to pour your life savings into an all bells & whistles business retreat at Necker Island! I am encouraging you to consider opportunities that your inner voice would automatically shout ‘No’ to. Weigh up the pros and cons, you know the saying ‘ calculated risks’. If there’s a strategy being the plan, then it could be a risk worth investigating.

  6. The ability to pick yourself right back up again after things don’t go as planned. Or in one word: resilience!

  7. Positive mental attitude. Staying positive all by yourself can be a tricky job to do solo. So I’d strongly suggest (ie it’s a must!) finding a community of wonderful people who feed you positivity. You’ll find it makes all the difference and it’ll be reciprocal. You’ll see yourself giving them positive encouraging vibes too. (There’s another blog… How To Support Yourself, Like You Do For Others). If you’d like to try out my membership community for free, book yourself a aster here.

  8. Innovative thinking. As solo entrepreneurs we have many advantages to celebrate. One of which is being able to act quickly, change and adapt to what we see our clients need, think on our feet and with spontaneity. Remember you have the flexibility and control to recreate, redesign, rethink and innovate. Go do it!

I’m passionate about empowering women to have a voice, have their story heard and follow their dreams in life & business. My mission is to offer innovative, extraordinary & inspiring networking opportunities for female lead businesses.

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