7 Traits Found in Successful Entrepreneurs

1. Passion

It’s commonly assumed that successful entrepreneurs are driven by money.

But most will tell you they are fueled by a passion for their product or service, by the opportunity to solve a problem and make life easier, better, cheaper.

Read: 5 Ways You Can Find Your Passion in Life

2. Tenacity

This trait is known by many names–perseverance, persistence, determination, commitment, and resilience.

Read: 6 Signs You’re Not Cut Out for Entrepreneurship

3. Tolerance of Ambiguity

This classic trait is the definition of risk-taking–the ability to withstand the fear of uncertainty and potential failure.

4. Vision

One of the defining traits of entrepreneurship is the ability to spot an opportunity and imagine something where others haven’t.

Entrepreneurs have a curiosity that identifies overlooked niches and puts them at the forefront of innovation and emerging fields.

They imagine another world and have the ability to communicate that vision effectively to investors, customers and staff.

5. Self-belief

Self-confidence is a key entrepreneurial trait. You have to be crazy-sure your product is something the world needs and that you can deliver it to overcome the naysayers, who will always deride what the majority has yet to validate.

Read: 10 Characteristics Found in  Successful Entrepreneurs

6. Flexibility

Business survival, like that of the species, depends on adaptation. Your final product or service likely won’t look anything like what you started with.

Flexibility that allows you to respond to changing tastes and market conditions is essential.

7. Rule-breaking

Entrepreneurs exist to defy conventional wisdom. Doing what the majority isn’t doing is the nature of entrepreneurship, which is where the supply of inner resources comes in.

(For Entrepreneurs, Business, Beauty, Fashion Bloggers & More)
Article Credits Go Respectably to Entrepreneur Media, Inc.
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94 Comments
  1. A K A M E R A 4 years ago

    Awesome post! I love your page! take a look at my post on the shows I attended for NEW YORK FASHION WEEK, please! https://akamera.wordpress.com/2016/03/10/nyfw-fw-16/

  2. aakankshasheth 4 years ago

    Brilliant post. Very inspiring and honest.

  3. fashionoutfit11 4 years ago

    ??????

  4. mitzijonelle 4 years ago

    This is amazing! I hope I have what it takes.

    ? mitzijonelle.wordpress.com/

  5. mitzijonelle 4 years ago

    This is amazing! I hope I have what it takes.

    ? https://mitzijonelle.wordpress.com

  6. Jordan Ferguson 4 years ago

    So honest and great read. <3

  7. thecookiecutterslayer 4 years ago

    This post is so awesome and very motivational. Thank You So much.

    ? cookiecutterslayer.wordpress.com

  8. solonjathi 4 years ago

    I like it, it’s just wow :-* !!! Well:-P my work is to reblog, allow me to…!!? 😉

  9. solonjathi 4 years ago

    Reblogged this on Rebloger and commented:
    This can also be applied in all fields not only fashion! :-*

  10. Olivia 4 years ago

    I love all of these tips! I’ve recently just changed my blog from wordpress.com to wordpress.org so if you have any tips on this, I would love to see a post!
    Olivia xox
    http://www.livlipstickandlemondrops.com

  11. JDhillonXX 4 years ago

    As a noob blogger, it’s nice to read things like this, it serves almost as motivation!
    jdhillonxx.wordpress.com

  12. Jackie Jain 4 years ago

    Wow… The points are very informative and helpful.. Thanks for the inspiration..

    Have a great time.. 🙂

  13. […] Related: 7 Kinds of Things of Highly Successful Entrepreneurs […]

  14. jennicocoa 4 years ago

    Love this so much!
    lifestylebycocoa.wordpress.com

  15. T. 4 years ago

    This is for all bloggers!!!

  16. kiranthestylequerk 4 years ago

    Awesome it is ! Do check out my blog too ?

  17. […] via 7 Traits to Develop If You Want To Be A Successful Fashion Or Beauty Entrepreneur Blogger — The M… […]

  18. brwnafrq 4 years ago

    This is inspiring, nice post!

  19. themagicalwish 4 years ago

    Well I’m not a fashion blogger but even any normal blogger should have these traits! ?

  20. The Fashion Saint 4 years ago

    Your blog is super informative, and I must use more of the advice you have given. https://www.thefashionsaint.com, hopefully you get a chance to stop by. Natasha

  21. modestnook 4 years ago

    Love this! Inspiring for someone who’s just starting out blogging.

  22. angiabercrombie 4 years ago

    I love this! Just what I needed to hear. Inward and upward

  23. Prakhar 4 years ago

    ?

  24. Angel Mpofu 4 years ago

    new starting fashion blogger , check my blog out you won’t be disappointed

  25. nyxloves 4 years ago

    I love your blog as it motivates me to venture into the most competitive space on Internet!

  26. Wisket of Gem 4 years ago

    Wow! Great post! I love how you write.

    Keep it up!

    I have a new post too, hope you can check it as well. Here you go: https://wisketofgem.com/2016/05/29/summer-suit/

    Thank you and have a great day!!
    Cheers! ?

  27. Pinkpuff Clouds 4 years ago

    That was great! Please check out my blog! And if you like follow for a follow back:)

  28. sjoshi 4 years ago

    Great post !!

    Please make out some of your time and checkout my blog BE MOTIVATED !
    I write motivational poems and I hope you all will love it ! ?

    It would be greatful to have suggestions and reviews from you !

    Please visit !
    https://sjoshifollowyourpassion.wordpress.com/

    Share, like and follow ! If the content impresses you !?

  29. justgeeklyfab 4 years ago

    great list! I will keep these in mind!

  30. […] via 7 Traits to Develop If You Want To Be A Successful Fashion Or Beauty Entrepreneur Blogger — The M… […]

  31. ClearDope 4 years ago

    Top 3
    1. Vision
    2. Self-belief
    3. Tenacity

  32. danistylishcloset 4 years ago

    This is a great post and I would add time, no matter how busy we are, we should always take the time to write our posts and share our passions with others, and I include myself because it’s really hard to have a business, run a house, have a life and also take care of your blog! With your tips I will motivate me to keep doing it and succeed at it! I love blogging! I love fashion! Thank you ??
    Dani.

    https://danistylishcloset.wordpress.com/2016/07/11/the-first-edition/

  33. tiaraajadee 4 years ago

    These are great tips for something just starting out like me! Thank you! http://tiarachutkhan.wordpress.com

  34. Viral T. 4 years ago

    Reblogged this on Avid Travel Foodie.

  35. tullekit 4 years ago

    I definitely needed to see this

  36. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  37. […] Read: 7 Traits Found in Successful Entrepreneurs […]

  38. […] Read: 7 Traits Found in Successful Entrepreneurs […]

  39. Johnny D Mack 4 years ago

    Very insightful and very true. Thanks for sharing!

  40. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  41. iamdiannahicks 3 years ago

    yes very true

  42. I need to work on my Tolerance of Ambiguity. Thanks for posting

  43. Dani Watkins 3 years ago

    I completely agree with the idea of having self-confidence. If you don’t believe in yourself then it makes it hard or impossible to be successful. Great post!

  44. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  45. Dany Slone 3 years ago

    Great post! I need a bit more belief in myself though :/

  46. seanmatica 3 years ago

    Yeah I have to say that all 7 of those traits resonate with me. I strongly believe with the driven by passion not money. Legacy over currency every day.

  47. amberrose93 3 years ago

    This is a great post

  48. fastprolificwriter 3 years ago

    attaining a successful height is not stressing but entails doing little important things…great post

  49. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  50. […] Source: 7 Traits Found in Successful Entrepreneurs (2 min read) […]

  51. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  52. Your blog post provides a nice snapshot of the entrepreneurial mindset. One quality you didn’t directly mention, although you alluded to it, is that an entrepreneur needs to be an eternal optimist — but not the “rose colored glasses” type. As a side note, another good “synonym” for tenacity is “mental toughness,” an attribute I touch on in my blog. https://ideas4startingabusiness.com/2016/10/04/questions-to-ask-when-starting-a-business/

  53. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  54. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  55. Sean 3 years ago

    Great post

  56. gonmrm 3 years ago

    Outstanding! I agree with everything, thanks for sharing your thoughts!
    Gonçalo from http://www.theentrepreneurslog.com/

  57. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — The Millionaire’s Digest […]

  58. alivetomotivate 3 years ago

    Love it!

  59. Social Media Dezign 3 years ago

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  60. spudbudette 3 years ago

    Fascinating. It is nice to see how different types people think and do.

  61. Boss in the middle 3 years ago

    Great post! I agree with your post 100%. My website project is growing and I aim to continue posting. I started doing this for myself and I feel like my goal hasn’t changed. It’s really fun! https://bossinthemiddle.com/

  62. chiefbaron 3 years ago

    Sensational post. Couldn’t agree more! Thanks for sharing.

  63. Joseph 3 years ago

    Love this post!

  64. WolfCouture 3 years ago

    Word! Thanks for share such a thought provoking piece.

  65. <3 | Site Title 3 years ago

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  67. digmylife 3 years ago

    Reblogged this on DIG My Life.

  68. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — Millionaire’s Digest […]

  69. barmyaboutbooksblog 3 years ago

    Brillent post !

  70. Thoughts and Views 3 years ago

    One of the biggest and important trait is the courage to achieve success. If we do not have the courage to achieve, nothing will be a total success. Great post.

  71. hnyzzle 3 years ago

    this is great!

  72. TimMushey 3 years ago

    Such a great read! I love the list especially #2 tenacity! Thank you.

  73. […] Read original article here. […]

  74. Tim Kim @ Tub of Cash 3 years ago

    Thanks for sharing. Personally for me, the top 3 have been tenacity, confidence, and vision.

  75. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — Millionaire’s Digest […]

  76. Eccentric Elayne 3 years ago

    Taking risks and rule-breaking are highly suggested traits for entrepreneurs. One must not be afraid to stand outside of the crowd, in order to gain the perspective that others wouldn’t. This is how you develop great ideas that nobody else thought of – their eyes were shut, while you were madly searching.

  77. […] via 7 Traits Found in Successful Entrepreneurs (2 min read) — Millionaire’s Digest […]

  78. dedicamvmnt 3 years ago

    Solid post ?

  79. […] Source: 7 Traits Found in Successful Entrepreneurs (2 min read) […]

  80. Bhavya Pal 3 years ago

    Very inspiring. I live reading such posts that fill me up with power to do better every single day. Thanks!
    https://herunicornisland.wordpress.com

  81. reyherb 3 years ago

    Great tips!

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