7 characteristics of an entrepreneur and how to develop them

Starting a business requires tools, resources and processes, but it also demands leadership, clear communication and initiative. These are just a few examples of characteristics of an entrepreneur that are critical to the success of a new business.

In this article, we have organized a list of the main traits of an entrepreneur's profile, which will help them to get where they want to be. 

It is important to consider, however, that it is not necessary to be “born” with these qualities. Yes, it's possible develop them and put them into practice in your day-to-day as a company leader.

So if you don't meet all of the attributes listed below, don't be discouraged! It is possible to learn, training every day to always be better.

Like the idea? So read on and learn what they are and how to develop the characteristics of a successful entrepreneur!

What are the characteristics of an entrepreneur?

Below, we list the main characteristics of an entrepreneur. See why they are important to your success and that of your organization.

1) Initiative

2) Persistence

3) Focus

4) Analytical view

5) Clear communication

6) Leadership

7) Willingness to learn

1) Initiative

The initiative is a indispensable skill for any entrepreneur. Without it, it is likely that the company will not even get off the ground. 

This characteristic can be applied in different situations, for example, there may be an initiative to solve a problem that is happening in a sector of the company and that is preventing the advancement of results. Instead of waiting for someone to solve the issue, the entrepreneur himself goes looking for an alternative to solve it.

It is also possible to take initiative in the search for business opportunities, new partnerships and in the identification of market threats, for example.

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    2) Persistence

    Not giving up at the first problem or difficulty that appears, believing in yourself and the business you are creating are characteristics of a successful entrepreneur. 

    In fact, the history of the world's greatest entrepreneurs, including Walt Disney, is full of ups and downs, like coming face to face with failure and still persisting and believing in yourself. 

    Attention, because in some situations it is necessary to change the direction of the company or even change the branch of business, however, this ability to assess the right moment to take other paths is also part of what it means to be a great entrepreneur. 

    How about a movie nomination that talks a lot about persistence? "Joy: The Name of Success” it is based on real facts and is a great option to inspire entrepreneurs from all market niches. Watch the trailer below.

    3) Focus

    Focus is also part of the characteristics of an entrepreneur that can be applied in different situations. 

    For example, it is necessary to focus on definition and pursuit of objectives do planning organization's strategy. 

    It is also necessary to focus on results, on the best use of resources, on the person what you want to achieve and business value proposition.

    Focus, however, as we shall see below, should not be confused with inflexibility.   

    Read also: E-commerce Entrepreneurship: 8 Mistakes to Avoid.

    4) Analytical view

    The analytical vision within companies is related to the ability to track data and make strategic decisions.

    By applying the best practices of the Business intelligence, the company turns data into information capable of improving results from the monitoring of information and metrics, not guesswork and feeling. 

    The use of analytical vision will contribute to the entrepreneur reduce resource expenditure, such as company time and capital, as well as improving return on investment and optimize the results of all areas of the company. 

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    5) Clear communication

    Knowing how to communicate is essential to establish partnerships, network and present your product or service.

    Not to mention the importance of communicating clearly with your team, passing on information such as goals, objectives and expectations, which need to be aligned in order to have a chance of success.

    Currently, communication is not only done in person, but in social networks and in others digital platforms

    Especially virtual business, such as e-commerce, for example, need excellent sales and communication channels to ensure contact with their customers, advance them in the purchase process and generate value for them. 

    Read also: Online events for e-commerce: are they worth it?

    6) Leadership

    Being a leader is part of the entrepreneur's job, however, how to exercise this leadership well? 

    A good leader is characterized as someone capable of:

    • motivate your employees; 
    • support the development of new ideas; 
    • not performing micromanagement; 
    • support the execution of processes; 
    • direct best practices in each area; 
    • establish good communication; 
    • contribute to the change of direction.

    Realize that being a leader is much more than being someone's boss and demanding results.

    This new leadership model can be learned in courses and in readings like the one you are doing now. So congratulations!

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      7) Willingness to learn

      Curiosity and willingness to learn are part of the main characteristics of an entrepreneur. Without them, the risk of the business stagnating over time is very high. 

      Being curious you will be in constant search for news for your company, attentive to new opportunities and threats

      The will to learn allows for constant research for new and better ways to accomplish, more efficiently, what is already done within the company.

      So, if your goal is keep the company growing, guaranteeing its market competitiveness, it is necessary to be attentive to the new tools, channels and more efficient processes to get your business done. 

      It all starts with the constant desire to learn and the eternal curiosity of a good entrepreneur. 

      Among the market trends that cannot be ignored are the channels of online sale, and o E-commerce.

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      Rodrigo Schiavini

      Rodrigo Schiavini

      Founder and business director of SmartHint, he is also regional director Paraná of ​​ABComm, with more than 10 years of experience in electronic commerce for major brands in the most varied segments.
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