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Questions and StoriesCategory: QuestionsDo Entrepreneurs Need Exceptional Qualities and Skills to Be Very Successful in Business?
28 Answers
Vahid Chaychi Staff answered 3 months ago

The Billionaire Mindset That Everybody Must Have:
https://www.luckscout.com/billionaire-mindset/

fdk191503 replied 3 months ago

I bookmarked this page and reading it repeatedly. This page contains mindsets that any aspiring entrepreneur should have. Even for those who do not aspire to be entrepreneurs, having these mindsets will help them go further in life.

Vahid Chaychi Staff replied 3 months ago

Thank you ūüôā

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Kenneth Ogbonnaya answered 3 months ago

Yes. Am entrepreneur should have exceptional skills to succeed in his business.

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Ahmad Khasan answered 3 months ago

Of course. To be a successful entrepreneur, one must have exceptional qualities and skills. It is of greater importance that one should have excellent personal qualities than some technical skills (although technical skills play crucial roles in any entrepreneur). ¬† For me, there are several personal qualities that anyone should develop in himself to be successful in any endeavor. These are, The ability to connect one\’s mind with those of similar frequency This quality is what Napoleon Hill called the Master Mind. Having a circle of people with the same intentions and aspirations is crucial in attaining our dreams. These people will never laugh at our dreams, no matter how silly and impossible those dreams to the average person. They have absolute faith in our dreams and in our ability to reach those dreams. I think Luckscout resembles it very well. Self Confidence Self-confidence is about the conviction that we have on ourselves and on the dreams that we have. This conviction should be strong enough that it will radiate and affect people\’s minds. But most importantly, this conviction should be strong enough for us that nothing can shake our faith in ourselves. ¬† Initiative and Leadership The initiative is the ability to initiate actions to find the best ways to reach our dream. If we can found no ways, then we must create one. A successful entrepreneur has a strong initiative. They will find a way or create one for the attainment of their dreams. And they don\’t need someone to tell them what to do. They know what to do and quickly reach the decision to do what needs to be done. And only those with a strong initiative can be a great leader. Leadership is the quality that makes a successful entrepreneur give their followers guidance on the best path they have found or have created. Creative Imagination A successful entrepreneur knows precisely how to use their imagination. Their imagination is the workshop from which they formulate their dreams, create ways, and means to achieve those dreams. Accurate Thought This quality is what distinguishes a successful entrepreneur from the others. This quality helps them to distinguish facts and false information. And this quality also helps them to distinguish between important facts and unimportant facts. And this will helps them to act upon circumstances and people in the right way. Treating Business as Means to Deliver Benefit to All I think this is the quality that makes a great entrepreneur. They treat their business as a means to deliver benefits to as many people as they can reach. They clearly understand that the benefits they give to others will be back to them tenfold. Thus, they proceed with their entrepreneurial endeavor with compassion for the greatest benefits to all.

Vicaris replied 3 months ago

Spot on

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Leno Jean Pierre answered 3 months ago

Of course in order to be a successful entrepreneur you should have several skills and knowledge. In addition to that you may also have a good mindset, creativity, big dreams and positive thoughts.

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Jackson Mugarura answered 3 months ago

To me, I the person’s mindset plays s very great role in whatever they achieve in their lives. I have come across people who have never attended any classes, but they have done great in life. I think their it’s their mindset which is their greatest asset.

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Eli Davis Keinamura answered 3 months ago

Yes, Most entrepreneurs have special skills and experiences , they do work smart, they know where to put their money ,they have super supervision skills. 

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Nnaemeka Victor answered 3 months ago

Keep the answers coming. I believe we have great entrepreneurs in Luckscout team

James0608 replied 3 months ago

Yes ..to be successful in business they need extra qualities. Extra hard work , special talents , not afraid to take changes among many qualities needed to succeed in this very competitive environment.

Jacksonl replied 3 months ago

I can call it a mix of both skills, and the mindset. This’s simply because, there are quite many other factors that come into play, like failure at some point, like limited capital etc. These factors impact much on business performance too. So, resilience will come from a strong hearted person during those trying times.

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David Matlala answered 3 months ago

With the proper mindset (Billionaire’s mindset) , you’ll surround yourself with the right¬†
people who’ll give you the right information and skills.

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Gareth White answered 3 months ago

Determination is key, never accepting defeat and learning your market inside out. Have the right mindset will steer you through the tough/challenging times. Investing in yourself is also key – developing your knowledge to the fullest.

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Nnaemeka Victor answered 3 months ago

Your answers so far are right. Surely, an entrepreneur requires exceptional qualities and skills to be successful. If you don’t have them, get people that have them. Through your positive mindset, such entrepreneur would always swim in the river of success.

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Edward Duffy answered 3 months ago

Any entrepreneur can know their area of expertise and as David mentioned the right team is key to success.
I think most successful entrepreneurs do not try and do everything themselves, I think they are good at ideas, talking to people and they are able to pull together a good team of consultants that they are able to work with and succeed.

Edward Duffy replied 3 months ago

It is important for any entrepreneur to have a plan and to also understand the numbers that the business is telling him. Numbers are extremely important in any business.

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Leno Jean Pierre answered 3 months ago

Entrepreneur does not need have exceptional qualities or skills to be successful in business.
Entrepreneurship can be a great way to financial freedom, but building a successful business take a lot of time, hard work and perseverance. A degree is not requiredto start a business, but it certainly helps .its depends on what type of business and industry you’re entering,however everyone should have some basics knowledge in business management, marketing, taxes, and sales.your √©ducation help you to develop a proper business model, enable you to understand certain low document and tax laws. It give you the ability to think critically and analyticaly.

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Leno Jean Pierre answered 3 months ago

Nowadays, to have a great success in entrepreneurship ,it is important to have some basics knowledge get from school. In addition to your determination, devotion and perseverance, it can lead to success.

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Gareth White answered 3 months ago

Generally speaking an entrepreneur needs to be highly energetic and motivated. They must be passionate, resourceful, willing to improvise and listen to others and have a strong determination to succeed.

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Kenneth Ogbonnaya answered 3 months ago

Yes entrepreneurs have special skills.

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Gareth White answered 3 months ago

They are a unique breed of person. There are not many of them in society and that’s because it takes a real dedication to succeed and triumph against all odds.

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Kenneth Ogbonnaya answered 3 months ago

Entrepreneurship requires exceptional skills.

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Leno Jean Pierre answered 3 months ago

In addition to his determination, energy, commitment, curiosity, perseverance, he need some skills and knowledge to better manage his company, firm in which he operate. He must know to deal with  laws,taxes imposition, and manage admistrative  documents .

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Shane Collins answered 2 months ago

Yes absolutely entrepreneurs face many challenges before they are successful they need certain skills to over come challenges and obstacles that try and hinder them on the road to success and still after achieving success entrepreneurs still need their skills to manage a successful business idea.

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Gareth White answered 2 months ago

Entrepreneurs are like Liam Neeson in the film Taken ‘what I do have are a very particular set of skills.’¬† This is certainly true of entrepreneurs and they are something learnt but not everyone can learn them!

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Kenneth Ogbonnaya answered 1 month ago

Yes, entrepreneur needs exceptional skills to burst up the qualities of a successful business

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adharad answered 4 weeks ago

I agree with your opinion. I think opportunity can also make someone successful in becoming an entrepreneur.

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adharad answered 4 weeks ago

Prayer and hard work are also able to encourage someone to become a successful entrepreneur. He works hard to build his business in addition to his abilities and knowledge and believes God will make it happen

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Kenneth Ogbonnaya answered 4 weeks ago

Yes, they need exceptional qualities and skills to make entrepreneur successful

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Kenneth Ogbonnaya answered 3 weeks ago

Yes, entrepreneur needs more exceptional and skills to succeed a business

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Jackson Mugarura answered 3 weeks ago

Yes I strongly believe that they do. Like many opinions are suggesting entrepreneurship is not for everyone, special skills are important in becoming one.

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Ahmad Khasan answered 3 weeks ago

Hi, Ad.
 
I agree with you. I believe that prayer plays a crucial part in the success of an entrepreneur. Prayer can do the work which hard work and skills cannot do. And prayer is the source of what we call “miracle” in business.

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adharad answered 3 weeks ago

That’s very true, Ahmad.
Prayer will work wonders for us especially to build a business

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