“What Are the Signs of a True Entrepreneur?”

Have you ever wondered what the signs of a true entrepreneur actually entail? If so, you’ve come to the right place. We’re going to do some research today which takes an in-depth look at some of the common traits and characteristics of the capitalist mindset which makes up all successful business owners.

A random search of the Internet for traits common to the true entrepreneur returns responses that run the gamut. You could settle on the four most important factors—or even go as high as the top-50 characteristics. But our focus will be to narrow down and filter some of the most commonly agreed upon signs. What exactly makes up a good entrepreneur? Who are some of the leading examples? The answers we’ll investigate may surprise you, so pay attention…

Passion and a drive to succeed are notable characteristics of all true entrepreneurs. Successful franchise and business owners get to the top because of this inner desire to achieve something great. Dave Thomas, founder of the immensely successful Wendy’s Hamburgers chain had this to say about the inner drive to succeed: “What do you need to start a business? Three simple things: know your product better than anyone, know your customer, and have a burning desire to succeed.” It’s advice exactly such as this that we at FranNet like to dispense ourselves.

Believe it or not, most experts agree that the need for approval is also a top-rated sign of a true entrepreneur. It’s what drove people like Michael Jordan of the Chicago Bulls and Steve Jobs of Apple. That’s not to say that these successful individuals were lacking in self-confidence, just that they overcame obstacles in their lives and, in doing so, disproved their detractors. In essence, they had a real “I’ll show them,” attitude!

Conviction is at the top of the list of true entrepreneur traits. A belief in yourself, your product and your direction in life are important characteristics to have if you’re going to succeed at running your own business or franchise opportunity. Conviction is the ability to move forward with your personal goals — even in the face of overwhelming odds. And it’s often the dividing line between success and failure.

Lastly, another example of the sign of a true entrepreneur is competitiveness. Winners like to win and in business, you’ll have plenty of chances to grab for the proverbial brass ring. Take stock in your life and ask yourself if you truly have a competitive nature about you. If so, you’ll be putting it to good use as a business or franchise owner. We hope you’ve enjoyed our take on the signs all true entrepreneurs share. At FranNet, we come across these types every day. And nothing makes us happier than placing them at the head of the business or franchise of their dreams.

Do you feel that you’re ready to get started? If this article has inspired you to investigate a franchise opportunity, perhaps it’s time for a free consultation with a qualified and experienced franchise consultant. As it turns out, FranNet of NJ & NY is just the place! As a franchise consultant company with a great track record of assisting individuals on their path to business ownership, make arrangements to speak with one of our representatives today.

Sep 4, 2014