Entrepreneurial skills for successful business

Have you ever compared yourself with entrepreneurs such as Bill Gates, Henry Ford, Warren Buffett, Steve Jobs or Larry Page? What entrepreneurial skills do these great entrepreneurs possess that you don’t? How did Mark Zuckerberg attain a net worth of $6billion in 2010 while commanding a network of over 100 million users on Facebook?

What secrets or entrepreneurial skills are needed to build a successful from scratch? If the answers to these questions interest you, please read on.

“I wanted to be an editor or journalist. I wasn’t really interested in becoming an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.” – Richard Branson

It is believed you know that to be a successful footballer, you must possess the necessary skills of a footballer. The same goes for every other profession including entrepreneurship.

In essence, if building a business is your concern, then you should make the acquisition of these entrepreneurial skills a priority. According to Rich Dad, “Skills make you rich, not theories.”

Without beating about the bush, below are fi ve important entrepreneurial skills you must develop to build a successful business from scratch.

1. Personal Skills

“It takes 20 years to build a reputation and only five Minutes to ruin it. If you think about that, you will do things differently.” – Warren Buffett

The fi rst skill you must develop as an entrepreneur is your personal skill. Personal skills are simply those skills that are attached to your personality, more like habits. They are the characters possessed by successful entrepreneurs. For instance; if you are a professional proof-reader, then it’s important you develop a keen eye for spotting errors.

“Great men are ordinary men with extra ordinary determination.” – Abraham Lincoln

Talking about developing your personal skill with respect to building a business, one is talking about developing your entrepreneurial mindset.

You have to be in the right mindset before ever starting a business. Being in the right mindset entails you have abandoned the get rich quick mentality and above all, you must have integrity.

“The most important thing in your business relationships is your reputation for honesty. If you can genuinely and sincerely fake honesty, you will be a success. Never doubt it.” – The Mafi a Manager

If you carefully study the lives of successful entrepreneurs, you will observe they are courageous, passionate about their entrepreneurial calling and most of all, they think outside the box.

“Men of genius are admired, men of wealth are envied, men of power are feared, but only men of character are trusted.” – Arthur Friedman

“Courage is what it takes to stand up and speak, courage is also what it takes to sit down and listen.” – Winston Churchill

2. Communication skill

“The test of a real comedian is whether you laugh at him before he opens his mouth.” – George Jean Natha

To be continued next week

Author: Adejuwon Osunnuyi

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1 comment on “Entrepreneurial skills for successful business

  1. Murtala Arisekola
    / Reply

    Interesting..pls let’s get d concluding part asap and if u dont mind pls mail me more articles of this type. I am an aspiring enterpreneur.

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