Skills Successful Business Owners Possess

What is it about a successful entrepreneur that makes them so unique? This question is so compelling that research teams at universities, including Harvard Business School, have set out to understand the entrepreneur and find the answer to this question. In many studies you find that people are attempting to learn more about personality traits than behaviors and skills successful business entrepreneurs possess.

Ironically, a common practice among entrepreneurs is a desire to be more self-aware so that they may become more effective. Because of this, quite a bit of data has been compiled and these skills and behaviors identified on a deeper level. Other studies have found that a strength in the following skills are often part of a successful entrepreneur’s toolkit. They are: Leadership, Organization, Communication, and Focus. This likely comes as no surprise.

The Entrepreneur’s Secret Recipe

In today’s society, a successful business is often a well oiled machine, but it didn’t just happen overnight. It takes an ongoing commitment and dedication, plus the skills needed to achieve. Leadership, this is a requirement to be seen as an authority and have the respect of your team. Organization, a vital element if you want to accomplish everything you need to do in a timely enough manner. Communication, in this day and age with so many ways to communicate, being an effective communicator may be the difference between success and failure. Focus, to close out distractions in both the short and long term, in order to achieve the never ending list of things to complete.

Maybe you struggle with a skill or two from this list, that doesn’t mean you won’t be successful, but it does mean that you should work to increase your skills in these areas or surround yourself with individuals strong in these areas, so that you can gleam some of their traits.

Find Out About What Skills You Have For Running a Successful Business. Start By Taking This Quiz.

To see more about the study at Harvard University, Click Here.