Personal Characteristics

First, examine your personal characteristics, values, and beliefs. Do you have the mindset that’s typical of successful entrepreneurs?

·         Optimism: Are you an optimistic thinker?  Optimism is truly an asset, and it will help get you through the tough times that many entrepreneurs experience as they find a business model that works for them.

·         Vision: Can you easily see where things can be improved? Can you quickly grasp the “big picture,” and explain this to others? And can you create a compelling vision of the future, and then inspire other people  to engage with that vision?

·         Initiative: Do you have initiative , and instinctively start problem-solving or business improvement projects?

·         Desire for Control: Do you enjoy being in charge and making decisions? Are you motivated to lead  others?

·         Drive and Persistence: Are you self-motivated  and energetic? And are you prepared to work hard, for a very long time, to realize your goals?

·         Risk Tolerance: Are you able to take risks, and make decisions  when facts are uncertain?

·         Resilience: Are you resilient , so that you can pick yourself up when things don’t go as planned? And do you learn and grow from your mistakes and failures? (If you avoid taking action because you’re afraid of failing, our article on Overcoming Fear of Failure  can help you face your fears and move forward.)