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5 Characteristics of a Successful Entrepreneur

Updated on: 29 November,2021 03:30 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

Knowledge seeker- In order for a person to become successful they must have a thirst for knowledge. One must constantly seek out new information in order to improve themselves and their business

5 Characteristics of a Successful Entrepreneur

5 Characteristics of a Successful Entrepreneur

Greetings, I’m Taha Habib, a successful business owner of multiple businesses and life coach. I would like to share the wisdom and experience I’ve learned over the past 10 years during the growth of myself, which was then embodied in my businesses. I believe in order to be successful one must have certain characteristics! Listed below are my top 5 characteristics of a successful entrepreneur. 


Knowledge seeker- In order for a person to become successful they must have a thirst for knowledge. One must constantly seek out new information in order to improve themselves and their business. I read and study for close to 2-3 hours per day in my spare time. I read and listen to audio books on many different topics but mostly, spirituality, self-help, and wealth acquisition and investing. You know what they say, “knowledge is power.”


Positive mindset- This characteristic is important because you can never have a happy life with a negative outlook no matter what you are doing. One must expect the best to happen in any given situation instead of the worst. No one would ever try anything new if they expected the worse case scenarios only. You also do not want to have any negative talk because the way you view yourself will be apparent to others and people will be hesitant to trust in your skills. 


Risk taker- You must be able to take risks to advance in life. If you do not take risks you will be stuck in your comfort zone, afraid to move forward. I am meaning calculated and well thought out risks, not negligent risks that could hurt you do to carelessness. 

Help seeker- You must be comfortable with asking for professional help. If you think you can do everything on your own, you may struggle more than necessary. Seek out educated professionals in the accounting, financial planning, life coach, and any other professional field that you think would benefit you. 

Mindfulness regarding your group- If you are desiring to expand you must consider the fact that you exchange energy with the people closest to you. They have a profound effect on your energy and thinking. Sometimes we will have to cut ties with friends or associates that affect us negatively. Be mindful of the people in your life who constantly complain, attract drama, are not responsible, and do not have any goals they are working toward.

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