By Ute Stephan — 2018
Here are the five key findings that sum up the highs and lows of being an entrepreneur.
Read on theconversation.com
CLEAR ALL
Many entrepreneurs share specific qualities that are vital for starting and growing a business. They are passionate, resilient, focused on opportunities and comfortable with risks. But the quality that might have the most influence over an entrepreneur’s success is confidence.
There’s an essential, intangible something in start-ups—an energy, a soul. It inspires enthusiasm and fosters a sense of deep connection and mutual purpose. While this spirit persists, engagement is high and businesses keep their edge. But all too often, companies lose their souls as they mature.
Rejection should be treated as an opportunity, Ma said, as if everybody initially agrees with your vision or service, then “there is no opportunity.”
When you hear the word “no,” don’t take it personally. Instead, embrace it and improve.
These innovators share how they learned from their setbacks.
Successful entrepreneurs say “no” to most offers. Those are exactly the people you’re trying to do business with.
Many of today and tomorrow’s social and environmental healers are and must be entrepreneurs.
The definition of success often comes in different shapes and sizes. For most entrepreneurs, the measure of success is usually financial gains. However, the journey of a social entrepreneur is slightly different.
Every entrepreneur has an opportunity to make a major impact within their own organization. You just have to know where to look.
By marrying purpose and profit, these innovative companies address social and environmental challenges in a way that is financially sustainable--a virtuous cycle that benefits all involved.