5 Winning Qualities of a Successful Entrepreneur You Should Claim As Your Own Right Now | Marketing Hindsight

5 Winning Qualities of a Successful Entrepreneur You Should Claim As Your Own Right Now

Highly Desirable Qualities of a Successful Entrepreneur

Having helped people become business owners, I have learned there are 5 winning highly desirable qualities of a successful entrepreneur online which should be had or acquired by all entering the world of entrepreneurship.

These are qualities which can take us far, or if not learned then they can leave us in the dust!

Many years ago I was a start-up business counselor for individuals from all walks of life. Over and over again, I learned the ones who possessed the following five qualities ended up becoming successful in their ventures off or online.

Have Passion For What They Are Promoting

Passion is essential for two different reasons.

  • It drives up  confidence

By having confidence, a person creates self-value for him/herself as well as others. They do this by leading the way versus showing the way. 

Leading the way means being a leader who knows what they are doing, how they are going to get to their destination as well what they will do once they get there. Metaphorically speaking these people create heavy footprints so others can actually feel the passion to follow them. 

Showing the way is more showing others of how to get somewhere, but still not being sure of  their own passion for what they are trying to create momentum for. These people hope others will follow their ordered line of directions.

Above all else, leaders value maturity which comes from passion which then brings in confidence. By being a leader, they are leading by creating new pathways which are seen and then followed.

  • It creates unlimited excitement for what we do

Have you ever noticed the one person who pumps up the most excitement is usually the one who has people hanging onto their every word?

That’s precisely what creating unlimited excitement does; it shows enthusiasm while creating organized value. Other people see this as a means of support to their ideas of what they can do and accomplish.

By the way, what is your passion? Is it to make money or sell a product you love?

Either of these will work. Remember making money is a passion in and of itself, so it’s not necessary to be passionate about a product. You can always learn online about the product to become a true salesperson of it. 

On the other hand, having a passion for a product may mean you will hype it up better when promoting it. Having a desire for either of these is okay. The bottom line is they both will work to create the type of income you want. 

A  True Entrepreneur Will Always Take The Right Risks Which Best Suit Their Needs

  • Not expecting a paycheck

The one thing entrepreneurs need to do when going into an online business is not expect a monthly paycheck. Most times these people have a backup plan in case the venture does not go their way. They don’t take risks which they have no backup for.

  • Sacrifice their capital

This may mean investing some of their money. Even though it may not be making money right away, some financial investment will have to take place.

The most I invest is a monthly payment of $47 at Wealthy Affiliate. This program allows me to work at home while going at my own pace. I save paying monthly rent as well any overhead cost associated with having an office outside the home.

On top I get so much training, it’s like an open university with unlimited learning on how to run a successful business at the tip of your fingers.

  • Take into account popular interest

Whenever an online venture is made by successful online business-oriented people, they will always check out the type of service they are going to start online.

This is done by surveying friends and family through Facebook, Twitter or other social media sources. These people venture into a product they know will do well when starting a business.

But remember you can always follow your passion. There is still room for people to enter a crowded niche to make it their own. You can own it by getting creative with the little piece of property you have online. 

Create Opportunities

  • Guest blog on others sites

This is one way we can create not only an opportunity to create a link back to our blog, but this also gives us a chance to get to know others in the field.

The more guest blogging you do, the better your chances of getting well known yourself.

  • Join different affiliate programs

The best thing they do here is to not only link themselves up to one program, but they create paths to other programs as well.

The more programs they have under their belt, the more streams of income they have flowing their way.

Owns Up To Their Mistakes

  • Don’t play the blame game

Many times people will play the blame game. They will either blame their business failure on their families or not enough time to get it all done.

But the successful person will focus on how to balance family time with work time. They know time management has to be acknowledged to achieving success.

  • Be accountable

When accountability is taken into consideration, this leaves great room for learning as well as solving the situation. The unresolved issue is not passed on or passed over where it may lie in limbo.

These people do not give themselves the option of dropping the ball!

Understands Their Obstacles

  • Failure is not an option

Successful people know failure is not an option, they commit to their task and stick to it right until the end.

For them failure means giving up, they will keep going until they hit the jackpot!

But then there are those who give up without even trying. They look for failure as an excuse to not do it. Even before they begin, they’ve already created an out for themselves. 

Do you possess these highly desirable qualities of a successful entrepreneur? If you do great, if not, then the best place to acquire these qualities are where I learned them from which you can learn more about here.

As always, I love comments, let me know of qualities you think are important or which part spoke to you the most in this article. 

Number One Recommended For Affiliate Training

30 thoughts on “5 Winning Qualities of a Successful Entrepreneur You Should Claim As Your Own Right Now

  1. Me again, Jag my site is Health, Fitness, Yoga, Exercise. I also am an Amazon affiliate and that’s not working out too good. Initially all I wanted was to make money. I am disabled due to an accident. I live in Ontario, Canada and my earnings make it hard to get by. After rent, and other necessities I am left with about $ 386.xx dollars. I know this has got nothing to do with commenting on your site. I have to leave, please excuse me you have a lot of information and I just do not want to rush through any part of your information. I hope you will be patient with me. Thank you Jag.

    1. Please take your time to build a well-defined site for yourself. Health, fitness, yoga, and exercise is a great market. It’s great you are doing this for yourself, I know having a disability can get in the way, but that’s the beauty about working for yourself. I also have some health issues, only do as much as I can handle. Take care.

  2. Truly, salesmanship can only take you so far.  Passion and authority  – those deep footsteps you mention – are the engine of entrepreneurship.  The successful entrepreneur is always building on the foundations that have been put carefully into place and when necessary – eliminated and rebuilt, restructured, re-thought, revamped, and allowed to evolve.  It seems that patience is the hardest part for most people – because none of this happens as quickly as most would like.  Authority is not earned over night and as they say -“Rome was not built in a day.” Also – it takes time for an audience to find you in the same way that it takes years to build a crowd of close friends!  One by one you find each other and in most businesses it is all about these relationships.  After the product is sold – what is left?  After the service is complete what do you have left to show for it?  The relationship is what you have left to rely on for repeat and referral business.  That is the secret.   It all comes down to the feelings that linger when the job is done.

    1. I agree salesmanship stops when passion and authority are not brought in. As an entrepreneur online learning is always taking place. What works today, may not work tomorrow. Patience is so hard, when people are putting work in, but their efforts are not being rewards. For this very reason, I reward myself as motivation to keep going. Great relationships are only formed when the relationship is reciprocated. Many people make comments on a blog only to never hear from the blog owner. It’s such a downer when that happens. The passion of the blog owner comes through that route as well. The more responsive action is taken on the blog articles, the more likely it is for the reader to come back. Thanks for your comment. 

  3. Great list! I do have one thing to mention though. Right at the end, you say ‘successful people know that failure is not an option’. Whilst I agree with you that truly successful people don’t give up; that doesn’t mean they don’t fail. If you define failure as giving up, then yes, successful people don’t accept failure. But everyone will make mistakes along the way and so people starting out shouldn’t be under the impression that they’re never going to fail; just that the failure won’t stop them from reaching their goals regardless. Do you agree?

    1. Successful people don’t accept failure as an option. They learn from their mistakes and take up the online mantle again to try something new. No one ever failed from trying, they failed when they stopped trying. I agree with what you are saying, the only way to reach a goal is to keep attempting, and accept that mistakes are part the online learning territory.Thanks for your comment.

  4. Insightful, Informative, and inspiring.  straight to the point, No BS, no muckraking, completely encouraging, great text, great layout, great graphics, great links, Not sure about ad choice, but if it’s making you revenues, don’t change a thing.  I totally grasp the “never GIVE UP, NEVER SURENDER” and if lacking in any area of my own endeavor, that was it.  

    I have said it before, if you want to own a business, you got to OWN THE BUSINESS.  I was always taught, “don’t work hard, work smart.”  That makes you fat and lazy and unemployed. Truth is, if you don’t work hard and smart,  you’ll be out of work in the long run.  There is one more thing, You have to work long, it won’t come quickly without an overwhelming abundance of sweat equity.

    Thank you for your words, your cyber-bro, Rod

    1. I agree owning your business rather than let it own you is the best way to go. Working smarter is how many of the super affiliates are now able to travel and live life at their leisure. Thanks for your comment.

  5. Good post and very informative, Jag.  I particularly liked the part about not playing the blaim game.  This is very important especially when one is a member of such a good training program as WA.  They make no promises for instant riches.  WE must do the work, follow the plan.

    The WA training is amazing and, if we follow step by step, taking action on what we learn we will succeed.  It’s the same with any business, it takes time to develope a customer base.  We have to be patient and consistant. WA has everything we need to succeed.  It’s on us if that doesn’t happen.

    Writing content at least once a week and twice if possible will go along way to attracting traffic and the respect of Google and other search engines.  And our content MUST be unique.

    I hope these comments are helpful,

    Wayne

    1. The blame game is played very often by people who don’t want to take ownership of their mistakes. Sadly these are the people who have already created an out for themselves if the success doesn’t happen fast enough. Thanks for the comment. 

  6. I totally agree with you and I think if someone joins Wealthy Affiliate, choosing a niche they are passionate about is so important, especially for their first project. I chose Christianity and where I have really neat affiliate offers I am very proud of, what drives me is getting people thinking about getting closer to the Lord.

    I want to offer WA also sometime in the future and I think I could get real passionate about this also because there are so many scams misleading people and WA is the real deal legitimate online business opportunity that is easy to be proud to recommend.

    Great list – I think I’m on track with all your ideals for success. Thank you

    1. It’s very important to be passionate when getting online. But many are passionate about money rather than a particular subject. Being passionate about money is a passion in itself. Thanks for your comment.

  7. As the net grows more and more people will want to learn to work from home. I know that all us starting any type of business can use all the skill we can get. The topic is great and should help many people understand themselves in a business since better. Thinks for your page it was a pleasure for me to read it as I start my business.

  8. Hey Jag,

    Right now I’m in the middle of a book called The Oz Principle that speaks to the importance of total accountability. Taking the risk to start your own business can seem like a daunting task and if we aren’t accountable for both the success and failures along the way, it’ll be tough to hang in there until it starts gaining traction.

    As you mentioned, completely avoiding the Blame Game is easier said than done. When we see a downturn or unexpected obstacle in the way, it’s a lot easier to point the finger than take the initiative to look for solutions. 

    While it feels easier in the short term, it’s a completely unproductive cycle to get caught up in. Thanks for your tips, I enjoyed reading your post! 

    1. I do believe that taking account of one’s own actions is what could take a person from ho-hum to the top. Once a person becomes accountable to themselves, they can then start questioning each of their own business based actions. This can lead to many revelations being revealed which will only be good for business. 

      Right?

      Thanks for your comment.

  9. This is a great article. I like how you hit hard on passion, where it drives both confidence and excitement. When we wake up each day looking forward to going to work, we know we’ve found our passions. Another aspect that jumped out at me here is to guest blog. This is an ever resounding yes and will work wonders when driving traffic to your own site. I’ve guest blogged a few times and so far I’ve seen positive results. 

    1. Yes I  strongly believe that passion drives confidence and excitement because without passion there is nothing. Thank you for your comment.

  10. Good list! I appreciate the real talk about owning up to your own mistakes. If your business isn’t going well it’s ready to make excuses as to why. But that won’t help you learn from your mistakes, figure out where you can improve, and fix it. 

    I would also like to second your endorsement of wealthy affiliate. Anyone looking for a good platform to help you get your business up and running, try it out and you won’t regret it.

    1. Yes I think owning up to mistakes is when self realization takes place. Knowingly or unknowingly we all makes mistakes, but once we own the mistake then real learning can take place. Thanks for your comment.

  11. I very much enjoyed reading this post.

    I completely agree that it is of the greatest importance to have a passion for your subject, as when you have, it shows in all your writing and inspires the people who read your post to want to be like you.

    And, as you say, failure is not an option. But whenever you have a small failure it should be viewed as a learning curve and a bridge towards success.

    I was wondering which of the qualities you mention is the most important one to you? And would you agree that if you do not initially have these qualities, then it is possible to develop them?

    Thank you so much for this post.

    Chrissie 🙂

    1. Passion can be had for anything, be it money or a subject. Anyone can be a success so as long as the passion is there. Thanks for your comment.

  12. I think you nailed the number one thing that holds a lot of people back when establishing themselves as an entrepreneur.  And that is the passion for what they are promoting or selling.  I think too often…online business ventures seek out to talk about what they think others are passionate about.  Instead…if we can be experts on a topic…a topic that we care about…that we research and share that knowledge with others who have passion…then we make a connection and success long term.

    1. Yes passion is important, but more crucial is what the passion is placed upon. Money or the love of something which compels  a person to promote it. They both will work. Thanks for your comment. 

  13. Thank you!  Those are some really great tips to becoming successful.  I know with me, I’ve tried to make sure that I balance work time with family time.  I always feel guilty when I don’t have enough time for either, but I don’t like work to flow into family time.  I like taking extra family time, myself, but I have to be really careful about how much time I allow for that to happen as well.  Because I have work to do too.  Thanks for the article 🙂

    1. Glad that you enjoyed the tips. Balance with work and family is of vital importance as it is what challenges a business to succeed or not.  The guilt can go either way. Thanks for your comment.

  14. This is an interesting list. I think I’d add that successful people also do not believe in going into debt to become successful. Sounds obvious, but many people, in the search for wealth, throw money away on many schemes and “get-rich-quick” ideas. People who are successful are not afraid to say “no” to things they truly can’t afford, but rather build up their wealth step by step by step. They know it can take time, so they are smart about what they spend to get there! Hope that makes sense!

    1. Love it! You are so right, this would make it right to top of the list. I agree many go into debt on get-rich-quick schemes, if it’s too good to be true, then it probably is.

      Thank you for the great comment.

  15. I like this list. These all seem like great qualities of someone who really has a clear goal for their future and know what they want in life. And I agree that the small investment in WA is worth it, as I feel with dedication, success can derive from this.

    1. Glad you liked the post. I find qualities such as these help keep me focused on what I want to achieve in my online business. Clear goals are our ultimate achievement when setting out on a business venture.

      Thank you for leaving a comment. Have a great day.

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