A comparison between older entrepreneurs and millennials who have made it shows a lot of differences in their mindset. For instance, the main reason most of the older entrepreneurs decided to start businesses was to be their bosses. The millennials on the other hand, prefer situations where they work together towards courses which improve the lives of the community in general, and the monetary gains come as an afterthought. However, regardless of the age group that one falls into, there are certain qualities which are shared by all entrepreneurs. These traits are as follows.
The first of the traits is persistence. When one sets out to try a new venture, it is guaranteed that they will meet quite some resistance along the way. The entrepreneurs who make it by the end of the day are those who refuse to give up at the first sign of trouble. The people who have resourcefulness as a trait always do their best to get an appropriate solution to the problem at hand, and they keep going regardless of the challenges.
Dedication is another trait that is shared by all successful entrepreneurs. These are people who love their idea so much that their business is a personal problem. As such, they feel pain at a personal level which makes them restless until they can resolve the cause of the complication.
The other trait that is common among entrepreneurs is the fact that they are self-assured, but not overconfident. Self-assurance is the character which gives them the confidence to venture into new fields, learn things about areas they didn’t know of before and make inroads and benefits. The fact that they are not overconfident means that they are willing to risk, but only when they weigh the possibility of rewards and find them worth the risk.
About Todd Lubar
Todd is one entrepreneur that has been through the entire road to entrepreneurial success. He graduated from Syracuse University with a Bachelor’s of Arts in Speech communication. Todd Lubar started investing in real estate in 1994 and has been growing his business empire for the past two decades. Check out his bio on crunchbase.com.