Charactericts Of successful Entrepreneur | Igor Roitburg

Igor Roitburg Lives in New York, USA. He is very passionate about his work and Igor Roitburg is Chief Operating Officer at Default Mitigation Management LLC. Success in entrepreneurship isn’t just about your idea or your money. Plenty of people have interesting ideas or a lot of cash to throw around — and they never quite manage to find success in their ventures.



If you want to be an entrepreneur, take a step back, and evaluate whether or not you have the following characteristics. (And remember: if you don’t have these traits now, you can develop them down the road to improve your chances of success.)


1. Self-Motivation

One of the most important characteristics of the entrepreneur is self-motivation. If you want to succeed, you should be able to push yourself. You are not responsible to any other person as an entrepreneur, and that sometimes means that it is difficult to get moving without anyone making you. You must be dedicated to your plan and keep moving forward - even if you do not receive a salary directly.




2. Understand What You Offer

As an entrepreneur, you need to know what you are offering, and how it fits into the market. Whether it is a product or service, you need to know where you fit in. That means you need to know when it's time to tweak things a bit. It also includes knowing whether you are a high end, middle of the road, or bargain. Being able to position yourself and then adjust according to the needs of an important part of entrepreneurship.




3. Take Risks

Successful entrepreneurs know that sometimes it’s important to take risks. Playing it safe almost never leads to success as a business owner. It’s not about taking just any risk, though. Understanding the calculated risks that are more likely to pay off is an important part of being an entrepreneur. You’ll need to be willing to take a few risks to succeed.


4. Know-How Network

Knowing how the network is an important part of entrepreneurship. Sometimes you know it is an important part of success. Being able to relate to others and to identify partnership opportunities can take you away as a business owner. Figure out where to go for networking opportunities and make it a point to learn how to be effective.




5. Basic Money Management Skills and Knowledge

We often think of successful entrepreneurs as “big picture” people who don’t worry so much about managing the day today. And it’s true that you might have an accountant or other team members to help you manage the business. However, if you want to be successful, you should still have basic money management skills and knowledge. Understand how money works so that you know where you stand, and so that you run your business on sound principles.

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