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Historically, entrepreneurs have been seen as big risk-takers. Even today, I see and hear people describe a successful entrepreneur as having “rolled the dice” or “bet the ranch.” Frankly, the characterization simply isn’t true. Entrepreneurs may take more financial risk than other occupations, but business owners really don’t dwell on that. For them, the risk is a calculated one. Most view their efforts as highly logical, not whimsical. They have experience, knowledge, and confidence on their side, not Lady Luck.

However, I can describe entrepreneurs as being intrepid, that is to say, daring and Read the rest of this entry »

I have yet to meet a successful growth entrepreneur who is afraid of hard work. That’s not to say that these same business all-stars are workaholics. In fact, the best growth leaders normally have very balanced lives. But when circumstances dictate, they have the intestinal fortitude to keep going as long as it takes.

The word industrious means hard working, but it also con-notes getting something accomplished. I know many business owners who seem to be running in place. No one doubts their effort, but the results are in question. To me; industrious also means being diligent, vigorous, and committed. Entrepreneurs are task oriented, and they pursue their desired result with steely determination.

Ingenuity may be one of the most difficult qualities to describe but one of the most important for the successful growth entrepreneur to possess. Successful business owners are able to see patterns in data and events that most people cannot see. As a result, they recognize both clear opportunities and probable pitfalls long before the average business person. To them, growth opportunities look obvious. When they describe it to others, it sounds ingenious. You can also describe this trait as being clever, inspired, or imaginative. Either way, nearly every growth leader has it to some extent.