Skills that every youth entrepreneur should acquire in order to achieve their desired success.
How strong is your desire for success? Do you catch yourself fantasizing about your goals every moment of the day? Think about it because truthfully, everyone wants to be successful but it is only a small percentage of people who achieve that success.
According to a study by the University of Scranton, 92 per cent of people does not accomplish their goals. However, only 8 per cent of people actually attains success.
So what is the difference between the individuals within the 92 per cent category and those within the 8 per cent category? The difference is that the successful have these 5 characteristics.
One of the most valuable lessons that an entrepreneur can learn is to be stubborn with their goals but flexible with their methods. It is crucial for a business owner to create a plan to achieve their goals but one must understand that it is okay to adjust that plan. The truth is that sometimes there is a more efficient way to accomplish your plan. If you are not willing to be flexible with your method, you are more likely to give up.
Camden Freeman, the CEO of Infinitee Plumbing, said that entrepreneurs must also be flexible with their time.
“Entrepreneurs must try to be available for their customers,” Freeman said. “When someone contacts you, you should try not to turn them away or that customer will go to your competition.”
Freeman, 24, founded Infinitee Plumbing at the young age of only 23. Their successful team specializes in plumbing and drainage services within southern Ontario.
Willingness to Learn
Any business owner who desires success must have an even stronger desire to learn. If you are not willing to learn, you will never grow. The world is constantly changing so as a business owner it is vital that you stay informed with industry trends and improve your skills.
We have all encountered a successful individual who was arrogant. Unfortunately, those arrogant people will not get too far. The most successful individuals have a confident and gracious manner. You must believe that you are capable, have faith that you can succeed and have a positive self-image.
A strong and expansive network is crucial for the success of your company. Although networking may make you nervous, you must push yourself out of your comfort zone. Freeman suggests for entrepreneurs to get involved in networking groups and to challenge yourself to connect with at least one new person. The most successful business owners have a large network of like-minded individuals who support one another to strive for the best.
Do what you love
Finally, those who achieve success are those who follow their passion. Starting and growing a company requires a lot of time, effort and energy. If you do not enjoy what you are doing, it is unlikely that you will accomplish your goals because you will not be motivated to put in the work. If you want to start and run a successful business, you must discover what intrigues you, what excites you and what you truly care about.
Even though there is an unending list of characteristics that the successful have, these five characteristics are universally shared by the successful Generation Z entrepreneurs.
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