7 Personality Traits Every Business Owner Needs to Succeed | Fife Free Press

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In 2017, a survey of 65 countries all over the world revealed over 580 million people were running their own businesses. Entrepreneurship is a great way to become financially independent or leave a legacy for your loved ones. It can also represent an interesting challenge for people who want to try their hand in something new.
But starting and managing your own company is a serious decision that requires a lot of preparation and planning. Aside from the practical considerations of opening a business, you should also make sure you have the personality to become an effective leader.
The following are 7 personality traits successful business owners nourish. If you are an aspiring entrepreneur, follow their lead and work on developing these attitudes.
1. Daring
The saying “no risks, no rewards” is more true when you’re running a business. Even when the very act of starting an enterprise is a daring move and you can’t let doubt or lack of confidence undermine you as a business owner. Just take a look at the business decisions of billionaire Richard Branson. The founder of the Virgin Group of companies, Branson is known for his daring business ventures, which includes private space travel.
But temper your …

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