6. Ability to deal with fear: Fear really sucks. No one can live without experiencing fear. Knowing this truth will enable you deal with fear. Going for loan, trying out a new idea or even dismissing a non-performing employee. All these pose challenges and the challenges instill fear into you. Know that there is always a way out and that a ‘can do’ spirit will always defeat fear. Learn to say ‘all is well”- that will calm you down when you are overwhelmed by circumstances. You need to feel the fear and do it anyway.
7. Self-motivation: One of the best and crucial things you can do for yourself is to motivate yourself. Your colleagues, families and friends and motivational speakers will not be with you forever. When you are hit by the ups and downs of your business you need to find a way of motivating yourself. You know and understand yourself better than anybody else.
8. Love for work: No lazy entrepreneur has ever survived the test of time. Laziness is an enemy of progress. It inhibits innovation and growth. I share the same view with Martin Luther King Jr, “All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence”.
9. Curiosity: The environment has a lot of information for those who will listen and for the curious minds. You must seek to know what is happening in your environment and your sphere of business. Knowing what is new about your business and which new competitors are there, how you can improve and differentiate your product, or even locating a funding source. It is disturbing to come across entrepreneurs who have not read enough or enquired about their business. Read, ask questions and do your research so you can be in the know.
10. Ability to express yourself: No one can tell what you think until you say it. And nobody can explain your idea better than yourself. You need to express and explain your idea in your business plan. You need to constantly explain your idea to potential clients and partners and you need to make them buy into your idea the first time. This implies that your idea must be clear, consistently review it-especially if you are a beginner, use right dictions, aim for the heart and continue reading.
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