Entrepreneurship: What are three most important traits of an entrepreneur?

Quora

The three most important traits of an entrepreneur are curiosity, persistence, and adaptability.

Curiosity

Entrepreneurs never tire from asking questions and learning about how things work. They are constantly seeking new experiences, processes, and products, while trying to figure out how to improve each one. Their curiosity inspires them to explore new avenues as they attempt to discover a better way of delivering value to the world.

See: Elon Musk

Persistence

Entrepreneurship is hard work. The failure rate is high, and entrepreneurs’ emotional connection to their ventures makes each loss highly painful. However, successful entrepreneurs don’t give up. They are ready to prove the naysayers wrong, and are determined to turn their idea into a reality. Entrepreneurs persist despite any hardships, as they are fuelled by their desire to make a difference.

See: James Altucher

Adaptability

Continuing to pursue goals at any cost shouldn’t come at the expense of adaptability. While successful entrepreneurs are committed to their vision, they are also willing to adapt their methods or product. As the market changes and new findings are made, entrepreneurs are constantly re-evaluating their efforts and willing to adjust their execution to better serve customers.

See: Yelp

Originally posted on Quora

 

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Social Media for Founders

Keeping up with social media can be overwhelming, especially once you start using it as a business tool. Gone are the days of chatting to random strangers and friends all night, you now have a company to run and promote.

There are three main activities that you shouldn’t neglect, these include: responding to feedback, joining the conversation and growing your network. The frequency and time spent on each one of the above tasks depends on your goals for both your personal and company brand. Below are some guidelines, which will hopefully help you spend your time more effectively.

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