1. Ability to set priorities and focus on goals. Many
people allow themselves to be driven by the crisis of the moment.
Personal discipline is the key word here. Set yourself some priorities
and goals, and live by them.
2. Able to identify important issues. Some people call this common sense; others call it “street smarts.” In the normal start-up environment, there are multiple forces competing for your attention every day, and you need to learn to delegate or ignore many. It relates back to experience and knowledge, more than genes.
3. Conviction to be a passionate advocate. When you believe in something enough to turn your passion into action, you have become an advocate. That power and voice is then used to persuade others to make the correct decision. An effective advocate requires conviction, usually acquired during related first hand experience or training.
4. Broad knowledge and experience. Experience
allows one to tackle challenges with confidence in a given area. Broad
knowledge facilitates the same success in other business areas.
Entrepreneurs need this, because their challenges are across the
spectrum from technical to legal, operational, financial, and
organizational.
5. Active listening skills. Above all, the
ability to listen and understand the real meaning of what people are
saying (and not saying) is paramount, because the most important
information never arrives in reports or email. Some people pick this up
from experience, and others find classroom courses most helpful in
setting the focus.
6. Sound judgment. I don’t think anyone is born
with sound judgment; it has to be learned, but can be started at a very
early age. Every entrepreneur must have the capacity to assess
situations or circumstances shrewdly and to draw proper conclusions.
7. Pleasant skepticism. Skepticism is not doubting, but applying reason and critical thinking to determine validity. It’s the process of searching for a supportable conclusion, as opposed to justifying a preconceived conclusion. It is a learned skill.
Article By: Marty Zwilling
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