Any great entrepreneur will tell you that they're different than most and has a personality all their own. While this may be true to varying degrees, there are some traits that the majority of successful entrepreneurs share, and nearly all of these hard working individuals would be proud to confirm they possess them.

Are you a budding entrepreneur and wondering if you've got the make-up to see a prosperous future? Consider the traits below and see if you have any or all of them in your DNA. Chances are, if you're already on the path towards innovation and determination in your business idea, you'll see yourself reflected in this list.

Determination

Entrepreneurship is not easy. A successful entrepreneur must be determined to make it in the no-nonsense, hard-hitting, highly-competitive business world. Confidence, passion, and motivation are all part of the steadfast determination any smart and serious entrepreneur must possess.

Monster.com confirms, "Entrepreneurs are enthusiastic, optimistic, and future-oriented. They believe they'll be successful." Entrepreneur adds, "You have to be determined from the beginning to be successful -- before you even start. If you aren't fully determined to make it there is a good chance you will crumble under the pressure. Entrepreneurs that have a high level of confidence are able to get the job done even under the most stressful conditions. They understand that big challenges breed big rewards."

Does this sound like you? Without the initial drive and the fuel to continue to push you forward, you'll never make it past the starting line. There are lots of good ideas, but the force behind them is what yields the biggest impact.

Risk Taker

A successful entrepreneur knows of the liabilities they may encounter while working to develop their business. Not everything will be a home run no matter how good a player they may be. With risk comes reward though, if the right balance of fearlessness and fierceness for the end goal is found.

Monster has a method to make things as smooth as possible, "You can reduce your risk by thoroughly researching your business concept, industry and market. You can also test your concept on a small scale." Refer to family and friends for an initial sounding board before hitting the masses.

With risk-taking comes the chance for failure, but a driven entrepreneur won't give up without a fight. The Minority Business Development Agency of the U.S. Department of Commerce says, "Entrepreneurs are often successful because they are calculating and able to make the best decisions in even the worst of cases. Even if they make the best decision possible, things don't always go according to plan and may fail anyhow. There's not one successful entrepreneur out there sitting on his couch asking, 'what if?'"

And Entrepreneur reminds us of an important lesson from Richard Branson, "Few first ventures work out. It is how a beginning entrepreneur deals with failure that sets that person apart. In fact, failure is one of the secrets to success, since some of the best ideas arise from the ashes of a shuttered business."

If you know you'll need to put it all on the line with the chance your idea could flop and still believe you've got what it takes, you have the mindset of a true entrepreneur.

Eager to Learn

Entrepreneurs are smart and well-versed in their vision for a new endeavor. That said, any truly intelligent entrepreneur knows that there are always more to learn, new and different ways to do things, and changes they can make in order to be a bigger success.

Like Entrepreneur notes, "You have to stay sharp, and that requires that you are constantly learning. Industries constantly change and evolve -- only those that are also growing through constant learning will stay ahead. Read books and wake up earlier in the morning to read industry news -- do everything you can to constantly learn and absorb new information."

Minority Business Development Agency adds, "Successful people welcome change and often depend on it to improve their effectiveness as leaders and ultimately the success of their businesses as many business concepts rely on improving products, services and processes in order to win business."

Even if your business gets off the ground and begins to succeed, never forget to keep on taking in more information and advice with an open mind. Always be on your toes in order to stand the tallest!

Versatile

It's important to be able to think outside the lines when it comes to starting a business. Even the best laid plans will need to be repaved and reexamined as you go through the exciting, yet unpredictable adventure of your entrepreneurial endeavor. Creativity and flexibility are key to making your dreams a reality.

Monster says it well, "While entrepreneurs need a steadfast vision and direction, they will face a lot of unknowns. You will need to be ready to tweak any initial plans and strategies. New and better ways of doing things may come along as well."

Entrepreneur notes, "If you are extremely adaptable it gives you the ability to respond quickly in any situation. This allows you to make decisions that will navigate you out of trouble and allow you to thrive in environments that would sink those that aren't adaptable."

And don't sabotage yourself. Being open to a new way of approaching an idea or testing something that wasn't in the initial plans will help, not destroy your success. Sticking to a plan just because it took a long time to develop doesn't make it the one that's the best. Hone in on your natural creativity to foster a new and better outcome.

Persuasive

So you've created a business that has the capability to do well, but without the customers, clients, and partners to keep the business afloat and going strong, you may just sink.

Your business skills must be sharp and your leadership and networking skills on point. According to Business Insider, "Whether you're a born extrovert or introvert, as a founder/CEO, you'll find yourself always selling. You'll be selling your vision to prospective partners and funding sources. You'll be selling prospective recruits on why they should quit their day jobs and join this startup they've never heard of. You'll be selling your products and services."

The amount of time and passion put into developing your idea must be put towards convincing others how great it is as well. Under 30 CEO says, "The entrepreneur has strong communication skills to sell the product and motivate employees."

Of course, if your idea is groundbreaking, much of the attraction will come naturally, but even so, in order to reach your highest potential, a persuasive attitude will bring your business in front of the eyes that matter most. Be fearless, firm, and friendly. Your success depends on your ability to impress, influence, and entice those who will help make your business soar.

How much of an entrepreneurial spirit do you have based on these traits? Are you up for the challenge?

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There’s an internet trend that says that everyone has three drinks: one for energy, one for hydration, and one for fun.


Hydration drinks are usually seltzer, a sports drink, or good old-fashioned water. Fun drinks can be anything from boba to kombucha to a refreshing fountain sprite. But the drink you choose for energy says the most about you. Are you a chill tea drinker? An alternative yerba mate devotee? A matcha-obsessed TikTok That Girl wannabe? A chaotic Red Bull chugger? Or are you a lover of the classics, a person after my own heart, who just loves a good cuppa joe?

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Over two years into the most momentous event in our lives the world has changed forever … Some of us have PTSD from being locked up at home, some are living like everything’s going to end tomorrow, and the rest of us are merely trying to get by. When the pandemic hit we entered a perpetual state of vulnerability, but now we’re supposed to return to normal and just get on with our lives.

What does that mean? Packed bars, concerts, and grocery shopping without a mask feel totally strange. We got used to having more rules over our everyday life, considering if we really had to go out or keeping Zooming from our living rooms in threadbare pajama bottoms.

The work-from-home culture changed it all. Initially, companies were skeptical about letting employees work remotely, automatically assuming work output would fall and so would the quality. To the contrary, since March of 2020 productivity has risen by 47%, which says it all. Employees can work from home and still deliver results.

There are a number of reasons why everyone loves the work from home culture. We gained hours weekly that were wasted on public transport, people saved a ton of money, and could work from anywhere in the world. Then there were the obvious reasons like wearing sweats or loungewear all week long and having your pets close by. Come on, whose cat hasn’t done a tap dance on your keyboard in the middle of that All Hands Call!

Working from home grants the freedom to decorate your ‘office’ any way you want. But then people needed a change of environment. Companies began requesting their employees' RTO, thus generating the Hybrid Work Model — a blend of in-person and virtual work arrangements. Prior to 2020, about 20% of employees worked from home, but in the midst of the pandemic, it exploded to around 70%.

Although the number of people working from home increased and people enjoyed their flexibility, politicians started calling for a harder RTW policy. President Joe Biden urges us with, “It’s time for Americans to get back to work and fill our great downtowns again.”

While Boris Johnson said, “Mother Nature does not like working from home.'' It wasn’t surprising that politicians wanted people back at their desks due to the financial impact of working from the office. According to a report in the BBC, US workers spent between $2,000 - $5,000 each year on transport to work before the pandemic.

That’s where the problem lies. The majority of us stopped planning for public transport, takeaway coffee, and fresh work-appropriate outfits. We must reconsider these things now, and our wallets are paying

the price. Gas costs are at an all-time high, making public transport increase their fees; food and clothes are all on a steep incline. A simple iced latte from Dunkin’ went from $3.70 to $3.99 (which doesn’t seem like much but 2-3 coffees a day with the extra flavors and shots add up to a lot), while sandwiches soared by 14% and salads by 11%.

This contributes to the pressure employees feel about heading into the office. Remote work may have begun as a safety measure, but it’s now a savings measure for employees around the world.

Bloomberg are offering its US staff a $75 daily commuting stipend that they can spend however they want. And other companies are doing the best they can. This still lends credence to ‘the great resignation.’ Initially starting with the retail, food service, and hospitality sectors which were hard hit during the pandemic, it has since spread to other industries. By September 2021, the US Bureau of Labor Statistics reported 4.4 million resignations.

That’s where the most critical question lies…work from home, work from the office or stick to this new hybrid world culture?

Borris Johnson thinks, “We need to get back into the habit of getting into the office.” Because his experience of working from home “is you spend an awful lot of time making another cup of coffee and then, you know, getting up, walking very slowly to the fridge, hacking off a small piece of cheese, then walking very slowly back to your laptop and then forgetting what it was you’re doing.”

While New York City Mayor Eric Adams says you “can't stay home in your pajamas all day."

In the end, does it really matter where we work if efficiency and productivity are great? We’ve proven that companies can trust us to achieve the same results — or better! — and on time with this hybrid model. Employees can be more flexible, which boosts satisfaction, improves both productivity and retention, and improves diversity in the workplace because corporations can hire through the US and indeed all over the world.

We’ve seen companies make this work in many ways, through virtual lunches, breakout rooms, paint and prosecco parties, and — the most popular — trivia nights.

As much as we strive for normalcy, the last two years cannot simply be erased. So instead of wiping out this era, it's time to embrace the change and find the right world culture for you.

What would get you into the office? Free lunch? A gym membership? Permission to hang out with your dog? Some employers are trying just that.

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