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Four Traits of An Entrepeneur

Guestpert : Toni Patillo
Category : Business and Finance
Tags : entrepreneur, entrepreneurship, business, business jobs lifestyle workplace

Ms. Patillo is the Principal and Broker for Toni Patillo & Assoc.’s, a Residential & Commercial Real Estate Company whose expertise is in the liquidation of properties for people who are selling due to particular circumstances. Leading her own sales team, in standard sales and purchases, Toni Patillo & Associates has a specific niche in Senior Transition sales, Probate, Trust sales, Bankruptcy, Divorce, Short Sales, and Pre-Foreclosure liquidations.

An entrepreneur is a problem solver

An entrepreneur looks at a problem and knows it’s an opportunity. That’s not a cliché talking. A problem is literally an opportunity to get paid if you can be the one to solve it. Successful entrepreneurs make their name identifying problems without solutions, and providing those solutions. Every good product solves some sort of problem. Even video games solve a problem-they provide a way for people to unwind after a stressful day and fulfill a fantasy.

If you want to be a successful entrepreneur, your natural response to any given problem should always be to ask yourself how you can solve that problem. Not who is to blame, not how that problem came to be-just how the problem can be solved. Problem-solving becomes a habit. As you become alert to problems with no solutions, you become alert to new ways to create, grow, develop, and innovate new products. If you can marry this alertness to calculated action you will develop the instincts that you need to be an outstanding entrepreneur.

An entrepreneur takes calculated risks

Risk-adverse people don’t make very good entrepreneurs-but neither do extremely reckless people who leap first and look later. Real entrepreneurs evaluate their potential risks. They also know how to minimize the risks they need to take through hard work, dedication, and strategic planning. When a risk goes bad an entrepreneur doesn’t waste a lot of time looking for someone to blame. Instead a true entrepreneur analyzes what went wrong, learns from it, and moves on.

An entrepreneur is self-motivated

This is about more than simply being your own boss. This is about more than simply being able to get up in the morning and get to work. An entrepreneur is always capable of seeing a tomorrow that’s just a little bit better than today. He’s not satisfied to just sit on his laurels and enjoy the fruits of his success. He’s constantly looking forward-creating plausible plans to create more opportunities and find his next point of success. An entrepreneur is also willing to push himself. Last year’s success was fine, but this year’s success should reflect his growth. He’s always coming up with some new project and looking for ways to make that project succeed.

An entrepreneur is confident

There’s not much room in the business world for self-doubt. Fear can make you back away from projects that could be the key to your ultimate success. Furthermore, the entrepreneur has to be in the business of convincing other people that his ideas are good. Partners, investors, financing, creative structuring-it all depends on the entrepreneur’s ability to convince other people that they’re making a good bet when they team up with him. If the entrepreneur isn’t sure about himself, how can anyone else be sure of him?