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10 must-have skills for every entrepreneur

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10 must-have skills for every entrepreneur
By Susan T. Spencer, GlobeandMail.com
 
Not all business endeavours are created equal, so before you start your first business venture you need to make sure you are armed with the ten most important survival skills necessary to succeed.
 
1. Be persistant
Persistence is the ability to focus on the job that needs to be accomplished, combined with the stick-to-itiveness to see it through to completion. When starting a business you will be using skills you never thought you had – but because you are able to hang in there and keep asking questions and collecting essential information, this skill will be your best friend.
 
2. Be engaged
Being engaging in the context of starting your own business can make the difference between success and failure. When you start your own business you are showcasing your own voice, your unique approach to problems and opportunities and facing your own fears. Once you understand the importance of maintaining a positive attitude, regardless of the situation, this skill helps you to establish meaningful professional relationships.

3. Be inclusive
By being inclusive with every business contact – whether customer, supplier, or employee – your leadership will stand out as enlightened and give you a decisive edge over managing by command and control.

4. Be flexible
One characteristic of starting your own business that is universal is the sheer unpredictability of the process and often the outcome. Even if you are a meticulous planner, owning a business is filled with challenges because you are navigating uncharted waters where anything can happen. Having the ability to “go with the flow” and modify your actions according to the circumstances is essential if you want to keep your sanity and build a long-lasting business.

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10 must-have skills for every entrepreneur

Relevant Subject and Topic
Time Management Skills, Organization Skills, Presentation Skills, Writing Skills, Reading Skills

Types
Article

Features
Informative

Format
Webpage

Copyright Owner
The Globe and Mail, GlobeandMail.com

Most Suitable For Use By
Instructors, Learners, Entrepreneurs

Age Appropriateness
Adult(19+)
Youth(12-18)

Grade Appropriateness
High School, Postsecondary, Adult General

Geographic Suitability
All or Non-Specific

Language
English

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