What does it take to be successful as an entrepreneur? It’s a frequently asked question. Common answers are passion, smarts, audacity—not to mention the ability to work 70-hour weeks with no end in sight.
However, there are other traits that can be just as advantageous but might not fit into our typical profile of the high-flying entrepreneur. In particular, here are six characteristics that can help you thrive in your entrepreneurial pursuits:
1. You are genuine
In a world where everyone wants to build their brand, be an expert, and get attention on social media, just being a genuine person is an increasingly rare quality. It’s also a huge competitive advantage, as no one wants to work with a phony. You should pursue a business if you genuinely care about solving a problem or improving people’s lives in some way. Forget about all the hype surrounding “launching a startup” and just be yourself.
2. You can take a break
Most people think that the best entrepreneurs live, eat, sleep, and breathe the business. However, it’s usually the opposite. Great business owners are typically grounded, well rested, and healthy. By taking care of yourself, you are better able to take care of your business, employees, and customers.
There are numerous ways to take a break from the business. Keep your exercise routine up, no matter how hectic your schedule gets. Hang out with friends and family. Meditate, go to a museum, take a long walk, or just put your phone aside. Any of these activities will give you the physical and emotional boost needed to make it through the tough weeks.
3. You know when to cut your losses
I will be the first to admit that nothing came particularly easy to me as an entrepreneur, and I needed to persevere through some very tough times. Grit and determination are critical, but you also need to know when to cut your losses and move on.
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