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3 Characteristics Of The Mind Of An Entrepreneur

Friday, February 2, 2018 at 12:00 AM
Category: Money Mindset

3 Characteristics Of The Mind Of An Entrepreneur



Studies have shown that successful entrepreneurs and home business owners possess the following characteristics.  Do you? 


1. Do You Have Self-Confidence?

This is the magical power of having confidence in you and in your strengths and abilities.  

This is not bravado, braggery or conceit; it is an unshakeable belief in YOU!

2. Are You Focused & Achievement Oriented?

Results are gained by focused and sustained effort. You concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks. You take steps daily towards that goal.


3. Are You A Risk Taker?



There is a chance of loss that is inherent in reaching for any goal, yet you must have the confidence necessary to take calculated risks to achieve your goals.


So which of these three main characteristics is the most important?

Believe it or not, it is Self-Confidence.

Without self-confidence, nothing else is possible. If you do not believe in your own abilities, then the first challenge that arises may knock you off the path to achieving your goals.

Here are a few things to keep in mind for maintaining a higher level of self-confidence.

* Positive Thinking 
All of it starts with a positive attitude! Believing that something good is going to happen is the first step.

Negative thinking is just not allowed (so stop it right now). You must truly believe that there are no circumstances hard enough to deter you from reaching your goals… Believe!

Try the exercise created by French psychotherapist   Emile Coue.


Every morning repeat-

"Every day, in every way, I am getting better and better."

You might be surprised that this simple exercise has been getting results since the early 1900s!

Remember too, that positive thinking can be highly contagious. When positive thinking spreads, it can open doors to new ideas, opportunities, customers, friends, etc.

* Persistent Action 
All the positive thinking and believing in the world is useless if it is not applied towards a goal. You have to take action, no excuses allowed. This action must also be persistent. Trying once and then giving up is not going to be enough. Keep at it one step at a time. If you cannot get by a certain step, then find a creative way to try again or go around it.

Entrepreneurs are people who make decisions, take action and control their own destinies. They are often motivated by a spirit of independence which leads them to believe that their success depends on raw effort and hard work, not luck or coincidence.

As Ronald Reagan once pointed out:    


“Entrepreneurs and their small enterprises are responsible for almost all the economic
growth in the United States.”


Look ahead and see yourself where you want to be, maintain a strong belief in yourself and your skills, stick with it, and never give up. If you can do that, you are already half way there!


I'll leave you with a couple of quotes from Sir Winston Churchill
(1874 - 1965):


"Success is the ability to go from one failure to another with no loss of enthusiasm."

"For myself I am an optimist - it does not seem to be much use being anything else."


<—— If this article has helped you or inspired you in any way, I would greatly appreciate it if you would like & share it with others!!!  Please share your comments as well!


Bryan Shumway

P.S. Would you love to have support in discovering, blueprinting and building your dreams? In between my coaching and speaking schedule, I carve out some time for a few of my  “Unleashing Your Inner BadAss” sessions each month.  If you would like a complimentary session with me (Value = $350), simply Click Here  Pick a date and time the works best for your schedule and get some one-on-one time with me.



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