November 1, 2013

6 Things Successful Entrepreneurs Always Do

From Forbes

6 Things Successful Entrepreneurs Always Do
Holly Magister, Contributor

Much debate surrounds the notion that an entrepreneur is born with innate entrepreneurial abilities. Many believe that specific genes are present in all successful entrepreneurs. In fact, a 2008 study of identical versus fraternal twins  conducted by Scott Shane of Case Western Reserve University, Nicos Nicolaou of the University of Cyprus, and other researchers from the King’s College in London concluded a tendency to engage in entrepreneurship was indeed genetic and heritable.

The study measured engagement in entrepreneurship in a variety of ways including self-employment, business startup, and even serial entrepreneurship. However, what the study did not measure was the correlation between genes and the ability for an entrepreneur to be successful. Yet it’s been my observation that successful entrepreneurs exhibit six behaviors over and over, time and again. And it’s my belief these six things are critical to their success, because when one is absent the entrepreneur can easily fall short.

Seeks the Counsel of Others
Entrepreneurs are known for following the beat of their own drum, sometimes to a fault. This tendency toward bull headedness can be very damaging and the cause for many errors in judgment. Whereas, the truly successful entrepreneurs have respect for those who have gone before them and they seek the advice and counsel of others.

Decides his Course Based on a Macro-view

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