The Must-have Characteristics Of A Successful Small Business Owner
If you are considering starting a small business
, or if you already own your own business but can't quite seem to get on top of things, you need to know what the personal characteristics are of a truly successful small business owner. Quite frankly, anyone can learn how to do spreadsheets, handle accounting duties or buy merchandise: the difference between success and failure is most often the positive personal characteristics of the business owner himself. Here are some traits you need to develop to truly make it.
--Mental toughness: You are going to go through both good times as well as bad times; quite frankly, this is an unavoidable truism. You need to have the mental toughness necessary to make the difficult decisions that may confront you and that will help you to succeed in a competitive marketplace.
--Confidence and self-esteem: You must believe in yourself and your abilities, and you must believe that you have something that no one else offers to your community and perhaps even the world. The meek and timid simply will not make it.
--Pro-activeness: If you are a chronic procrastinator, you may miss out on timely opportunities for growth. The best small business owners are decisive and do the right tasks at the right time without dilly-dallying.
--Leadership: Your employees and, yes, your customers or clients will look to you for answers and for guidance when it comes to all things business-related. Be someone who is willing to lead the way, take responsibility for decisions, and inspire confidence and hard work in others.
--An ability to delegate: One of the main reasons many small businesses fail is because the owner burns himself out trying to do everything. A great leader (and business owner) will surround himself with the very best people and will trust them enough to delegate many of the responsibilities to them. The ability to delegate is not a weakness: it is a strength.
--Vision: You must have a plan for the future of your small business in mind at all times. If you do, you will not let small or even large setbacks derail your vision. To maintain a positive vision, you must have fortitude to overcome adversities, a realistic outlook, the ability to face your own (and very natural) fears head-on, and incredible amounts of patience.
There is no magic bullet when it comes to achieving success in a small business setting: rather, success comes from a combination of factors including possessing the right types of personal characteristics. If you need help in this or other areas of your business, hiring a consultant is a great first step toward achieving your dreams.
by: Art Gib
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