September 3, 2014 | Posted in: Leading Hartfully, Living Hartfully, Wealthy Woman

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People I meet who are contemplating jumping into the deep waters of independent income earnings always wonder if they can do it, do they have what it takes, and should they even be thinking about it. A recent survey of Millennials, those born between 1980 and 2000, by Deloitte found that a full 70% of them think they will be working independently some day and jumping off the corporate band wagon.

I first offer guidance to those inquiring minds that they need to have their personal and financial act together first and foremost, have their dream and their passion and purpose pulled together, a bank account with at least one year’s worth of living expenses, no debt, and be able to live with ambiguity, flexibility, and creativity.

Successful entrepreneurs have qualities to cultivate deep relationships with customers and employees, have great focus  on business outcomes, are creative problem solvers, and are the best spokespeople for their businesses. They don’t shy away from self-promotion and exert a self-confidence even if they don’t yet have it.

The top talent traits of successful entrepreneurs:

• Business Focus: You make decisions based on observed or anticipated effect on profit.
• Self Confidence and Confidence in Others: You accurately know yourself and understand others can do some things better than you and you let them do it.
• Creative Thinker: You exhibit creativity in taking an existing idea or product and turning it into something better.
• Determined Independence: You last through difficult times and are prepared to do whatever needs to be done ·         Knowledge-Seeker: You constantly search for information that is relevant to growing your business.
• Promoter and   Relationship-Builder: You have high emotional intelligence and easily build relationships
• Risk-Taker: You instinctively know how to manage high-risk situations.

 

Take stock of your own talents and skills to see if you have these top talent traits that most successful entrepreneurs embrace. Understanding and acknowledging your inherent talents gives you the best chance at success. All the best in your success and if you need a little help along the way, you know where to find me.