Anyone can venture into entrepreneurship, but can everyone succeed? Entrepreneurship requires a specific set of skills, and the mental and emotional strength to see it through to the end. 

Do you have what it takes? Let’s find out!

1. You’re a self-starter 

Image via Psychology Software Tools 

Being an entrepreneur means being your own boss, and being your own boss means holding yourself accountable for anything and everything. Being a self-starter is taking the initiative to get the gears working and being the first one to take action on a new venture. 

Whether it be a new cosmetic product or opening up a new restaurant establishment, you are the one who will be spearheading the project from conception to completion. 

It takes a great leader to lead a great project.

2. Dare to take risks

Image via Entrepreneur

Taking risks is a terrifying thing, especially when you are still starting out and have nothing to fall back on in case of a failure -- which, honestly speaking, is a pretty common occurrence in an entrepreneurial journey. 

But rising above your fear is a good place to start. With a courageous mindset, you are open to possibilities and arranging backup plans should the first one fail. 

Remember, folks, always bring an umbrella before it rains!

3. You don’t fit in 

Image via Medium 

Did you grow up feeling like you were the odd one out? 

Instead of trying to be just like everyone else, you should be focusing on using what sets you apart to your advantage! A true entrepreneur is able to offer something new and fresh to his or her target market. 

If you are just like everyone else out there, then what is it about you that makes you special? How will you be able to make your product or services stand out?

4. You see the big picture

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One of the most important criteria of an entrepreneur is the ability to think critically. 

Seeing the bigger picture helps you identify a realistic vision from an idealistic one. While it takes a dreamer to be able to come up with out-of-the-box concepts, an entrepreneur must remember to have his or her feet planted firmly on the ground. 

5. You’re good with money 

Image via Financial Times 

While an entrepreneur does not need skills in accounting, they still need to be good with money. Or, more specifically, the skills in handling money.

It takes a great deal of planning in knowing where to invest, and how to invest effectively. Budgeting is an important part of business, and being good at it will always keep you at least one step ahead of your competitors. 

6. You’re curious

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You know the phrase, “Curiousity killed the cat”?

But you are not a cat, you are an entrepreneur! 

It is your curiosity that pitches you forward and leads you to the bottom of many issues. Having an inquisitive mind will keep you pondering about the why’s and how’s, and this will help you generate the kind of solutions needed. 

And this, in turn, will be the catalyst behind the products and services you will be able to introduce to the world!

7.You possess people-skills

Image via The Business Journals 

Entrepreneurship is not a one-man-show. It takes plenty of business collaborations and partnerships to make it work.

So how can you be an entrepreneur if you are unable to work the room?

It has been said many times that “It isn’t what you know, it’s who you know.” You can have all the tools and knowledge in the world, but if you are unable to connect to other human beings, how far can you really go?

Do you possess all these 7 characters? Yes? Then great! Now all you have to do (assuming you already have a start up capital) is brush up on your skills, develop a business plan, call up a few contacts, and you can begin!

We wish you the best of luck on your entrepreneurship journey!

Cover image via  Bob Yandian