Risk Taking, Determination & Business Focus

Risk Taking, Determination & Business Focus

New research by Gallop is showing how successful entrepreneurs differ from the rest of the crowd. I’m not sure they discovered all of what makes them better as entrepreneurs, but it’s interesting information, that any business person could use to improve their own success. Who better to model yourself after than Inc.’s top 500? An article in Inc magazine called Inside the Mind of the Entrepreneur, by Leigh Buchanan cites new research about this distinquished group of successful business developers. A number of key strengths were identified including creative thinking, determination, business focus, and risk taking, Here’s a graphic showing how they differ from a national sample of entrepreneurs. The top ten traits reveal some well rounded individuals.

traitsofentrepreneur

Courtesy of the September Issue of Inc Magazine.

And it showed they tend to be serious about success and not being social butterflies. They may lack in relationship building skills and social awareness. I suspect it’s because these skills tend to create distraction and wasted energy and time.  They’re probably very focused on what they want to achieve.  The opposite would be your typical party animal who drives for attention and validation. These people don’t seem to need that. This means they need to work with people are socially savvy, able to network and get to know people and then influence them. As talented as they, you can see they have glaring weaknesses. The smart ones will find a way to compensate for their weaknesses.

Courtesy of the September Issue of Inc Magazine.

You can take the Strengthfinder test yourself on the site.  Costs from $9.99 to $89.

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