The dominant characteristic of many successful and famous entrepreneurs is passion. All entrepreneur does is something he or she loves to do. Walt Disney pursued his love for drawing and animation; Bill Gates pursued his passion for computers and software. All entrepreneur makes is somehow related to his passion.
Passion provides the basic foundation for the rest of the skills of the entrepreneur. When employers have a passion, they are able to work hard without getting tired easily. They love what they do, so even if they get tired, it is a kind of “happy” tired.
When entrepreneurs have passion, they are able to work harder for their interest, and so they make their skills better. The more they work, the better they become, and eventually they become more expert in his field.
When entrepreneurs have passion, they also have more energy. They are more enthusiastic, blissful, stress-free. They are more self-confident. Because they are doing what they love to do, they work harder for their success.
When entrepreneurs have passion, they do not do anything with what they are doing. They do not hesitate decisions, because they know that they are always going to be pursuing something they love to do. So even if there is a failure on the way, at least they can still get back up and continue doing something they love.
2. Able to manage money wisely
Walt Disney failed in some of his entrepreneurial efforts, because he did not know how to manage money well. If employers do not know how to manage money, how they will achieve and maintain the funds necessary for long-term life span business? Entrepreneurs need money to pay for the costs to upgrade their business, to replace broken tools and equipment, to pay for education and learning, and to pay itself to continue to make their passion. Without proper money management, entrepreneur finds itself struggling in the world of business and finance.
Entrepreneurs are very clever. This means that they tend to find new things that have not been invented before. They pursue new things, and they take new routes. They are usually the first ones to take new ideas and apply it in some way connected. They are very visual and imaginative. In a way, they like to “see” the future. He sees what the world will be when their ideas are applied in everyday life. They are creative and imaginative.
Just because entrepreneurs are imaginative does not mean that they are realistic. Entrepreneurs need to be realistic in order to their imaginations to come true. They take their ideas and try to make it happen in the real world, even if it is just a small part of the idea.
How are entrepreneurs achieve big things? They set goals. When they “see” into the future, they are setting limits. They set realistic goals for themselves so that they can reach them and get closer to their success. But more importantly, they set SMART goals, which stands for small, measurable, achieve, realistic and timely. It is very important to set SMART goals for entrepreneurs, otherwise they would not be able to reach or achieve anything.