New Research On What It Takes To Be An Entrepreneur

On Dec. 7th, 2012 the Harvard Business Review published the results of a Target Training International, Ltd. study into just which character traits distinguished successful entrepreneurs.

In a multi-variable analysis of a group of serial entrepreneurs (as compared to a control group of 17,000 working adults), Bill J. Bonnstetter's company identified five personal skills that seem to correlate with the unique features of successful business-starter.

"The quality serial entrepreneurs displayed above others was persuasion, or the ability to convince others to change the way they think, believe or behave."

"Perhaps not surprisingly, leadership is also one of the five areas where entrepreneurs excelled."

"Entrepreneurial-minded people also display personal accountability."

"Goal orientation is another critical skill for entrepreneurial-minded people. In the study, goal orientation was defined as energetically focusing efforts on meeting a goal, mission, or objective (which closely paired with leadership, as it is described above)."

"The final identifying skill is a mastery of interpersonal skills, the glue that holds the other four skills together. They include effectively communicating, building rapport, and relating well to all people, from all backgrounds and communication styles."

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