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For many of us, each New Year brings with it a mishmash of emotions and challenges, some good and some bad. It’s a time to reflect on everything that went right in the year gone by as well as an opportunity to initiate the process of making positive changes moving forward. But change is rarely ever easy...
For many small business owners, the holiday season can be overshadowed by the unpleasant reality that the latest tax season is upon us. Yes folks, it’s time once again to answer to Uncle Sam and the IRS (Internal Revenue Service, as if you didn’t know!). And while some SMB (small- to medium-sized...
Deciding whether or not to stage an exhibit at a trade show or other networking event as part of your marketing mix for 2014 is something you as a small- to medium-sized business (SMB) owner might be thinking about right now. If so, you’d be one of many. Contrary to speculation in recent years that...


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Resource Center > Article
Characteristics of a Successful Entrepreneur
6 Oct 09 Posted by: Kevin James Culp
in Plans and Goals

There are many factors that go into whether or not a small or home based business is a success or a failure. Competition, the economy, or just bad luck could all play a factor in how far a business goes. The most important element however is still the person or group of people that started the business in the first place. Below is a list of characteristics that are important for an entrepreneur to have when starting a home based business.

1. Discipline: When you are working from home you are your own boss. You don’t have someone around to help keep you on task. There are numerous distractions when you work from home, not to mention being surrounded by your personal life. It is up to you to stay focused and keep working in order to reach your goals.

2. Consistency: You will be able to set your hours and work when you want, but it is important to have a routine in place so you don’t procrastinate. Putting off work until later is a quick way to sink your business. Create a schedule and stick to it. Being consistent will assure that you always get your necessary tasks completed.

3. Determination: Every business will hit bumps in the road, and problems will come up, but a successful entrepreneur must be determined to overcome every situation. You should have a central purpose and set up long term goals, which you are determined to reach.

4. Willingness to Learn: In order to be successful in a small or home based business it is important to continue learning. You should never stop trying to learn new ways to operate, or researching industry news. It will keep you updated on the latest techniques and trends and could keep you ahead of your competition.

5. Passion: In order to be a success you must truly enjoy and be passionate about whatever you are doing. Starting a home based business gives you the freedom to do whatever you want to do, so why not pick something your passionate about. Your enthusiasm will show and people will enjoy doing business with you. Customers will see that you love and believe in what you are doing.


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