Simple Recipe for an Entrepreneur’s Success

To achieve success as an entrepreneur, it takes Ambition, Commitment, a Plan, and a Product people will pay for. If you have the first two, you can work out the others.

I was thinking about all the successful entrepreneurs I’ve known and had a couple of thoughts. They aren’t necessarily the smartest people, the most innovative or inventive people I’ve ever met.  One thing is common: ambition, the drive to be successful, to push through tacklers and keep their eyes on the end zone, knowing they will get there, and the passion to keep working on the process.

The most common other characteristics I have seen are commitment and confidence.  Confidence is fired by positive feedback, but also by the willingness to ask for feedback, and the strength to know what to do with negative feedback. The lack of stubbornness and closed-mindedness seems to help, too. All have a clear vision and a definitive goal.  Most are eager to prove the validity of their product by listening to customers—if customers don’t see value, they don’t buy. Most successful entrepreneurs are willing to listen to other points of view and sort out which ideas fit… Continue reading →