Entrepreneur: What it takes !!!

Talk by Tanya/CEO, INSAGEN Leadership Consulting at Entrepreneur Meetup 03/03/11 Enhanced by Peter/Organizer

“Knowing yourself is the real “secret” of having a successful startup” – Tanya
“Follow your instincts, that’s where true wisdom manifest itself.” Oprah

“Don’t let the noise of other’s opinions drown out your own inner voice.
Have the courage to follow your heart & intuition.
They already know what you truly want to become.” Steve Jobs

“Experience taught me a couple of things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you’re generally better off sticking with what you really know” – Donald Trump

Characteristics of successful Entrepreneurs [How do you measure up?]

Good Health – to be able to handle the long hours, responsibility & stress. Have the energy to maintain this pace.
Experience Managing, Controlling & Directing a Team/Staff, so you know what to expect and can handle any situation.
Self-Confidence that you know what you’re doing and are making the best decisions. This will also come across to your Customers.
Sense of Urgency – to be able to set priorities of what needs to be done – and in what order.
Comprehensive Awareness – of all functions of the business to be able to make intelligent decisions
Realistic Outlook – that realizes you have or will have, challenges, but are optimistic that you can resolve them.Conceptual Ability to visualize how it works [Technology], How it will help the Customer.
Low need for Personal Status. It’s more important that the whole team wins and everyone has made an important contribution.
Objective Approach – to be realistic and unbiased in order to consider the approach that will be best for our company and the customer
Emotional Stability. Have patience and keep calm during challenging circumstances. Able to persevere till you resolve issues.
Attraction to Challenges – to conquer new frontiers; love the stimulation of challenges.
Able to Measure & Monitor your Processes – to know how well you’re doing to what you expected.
Founder/ Leader – who sets the example for the whole organization and ensures employs follow the core values.
Vision. As the Chief Entrepreneur and primary mover, you set the Vision & Agenda for your startup. You need to clearly communicate this to Co-Founders & Staff, for them to “buy-in” to your Vision to give their undying devotion to it.

Knowing Yourself: Knowing your values, personality, needs, habits, emotions, strengths, weaknesses, etc. will enable you to better motivate yourself and lead others. You will have a better sense of who you are and a vision of the person you want to become. A startup with a Vision + a Plan for developing that business has a much higher potential of success. So go for it !!!

Contact Tanya for a “free” Consultation session at: Info@Insagen.com
Comments: What did you think of this? Can you add any?