The question about whether or not successful entrepreneurs are born has been a subject of endless debates. Some say they are, while others say everyone can be taught the art of entrepreneurship. Before one answers the question, he/she must understand the various skillset and abilities that are instrumental to become a successful entrepreneur. This blog will help you understand all that. Read on to find all the answers.
Intellectual Skills
Countless studies have confirmed the fact that some kids are born with a precocious talent. In a lot of kids that talent comes in the form of natural intelligence and higher IQ as compared to others. Now there’s no implication here that to be a successful entrepreneur one has to be an absolute genius. You’ll find that the word genius applies to a number of personalities. There are people who’re book smart i.e. have all the knowledge in the world but not as well-versed in the practicalities of life. On the other hand, there are people who’re street smart – not a whole lot of book knowledge but very resourceful in getting things done their way. Despite any precocious talent, however, people aren’t born intelligent. Everyone has to acquire the information necessary to succeed in life.
Pioneering & Imaginative Thinker
When given a certain set of problem, nearly everyone can throw in their input and suggest a possible solution. But when the situation is random and uninspiring, it calls for imaginative thinking. Very few people have that ability to think outside the box and come up with innovative ways to solve the real world problems. Imagination isn’t something that can be taught. It needs to be practiced and some people are simply better at it than others. Those born with the innate talent to think imaginatively take the lead in entrepreneurship.
Passion & Energy
It takes a strong burning desire to continually struggle and stick with an undertaking. Entrepreneurs who’re passionate about a business idea can be sure to persist with it until they’ve given it their all and made it a success. A number of business scenarios, viz. lifting up the employees’ morale, winning customers, investors, partners, all need an abundant store of passion. Without that, it’s easy to lose the will and give up midway through the business, especially when the going gets tough. But passion reminds the person of what they’re trying to achieve and its value to them. Not everyone has the same level of passion in them. Some are simply born too passionate.
Prior Experience
By taking just a cursory look at the most standout entrepreneurs around the world, it becomes evident, that they all had some kind of exposure to the industry they went on to dominate. This could be in the form of work experience or job training. We can safely say that these early experiences set up individuals for the greater challenges that lie ahead in their careers. Experience isn’t something one is born with. It needs to acquired over years of hard work and perseverance.
Risk-Taking & Boldness
Everyone endures fear but at different levels, some can withstand more adversity and testing situations while others give in very easily. The more fearless ones can be expected to have more success as entrepreneurs as opposed to the meek and fickle ones. There are now courses that aim to help people overcome their fears or minimize them to some level, but they can only do so much. In the end, one tutored in the ways of subduing fear will always come second best against one who is naturally fearless. The advantage belongs to born-to-be-entrepreneur.
Final Verdict
We can agree that most of the qualities essential to becoming a crackerjack entrepreneur are innate, but that doesn’t undermine the value of skills that need to be learned with practice. That’s why the most successful entrepreneurs are a combination of both the innate and learned skills. Hope you enjoyed reading this blog. Do you agree with the points highlighted here or do you have a different opinion? Let us know in the comments’ section below:
