Have you ever wondered what the skills of a successful entrepreneur are? All the great entrepreneurs of our time such as Mark Zuckerberg, Steve Jobs and Bill Gates have traits in common that make them unique and creative. However, they also had to incorporate knowledge and tools to turn their innovative ideas into reality . Here we have prepared a guide for you to know how to achieve your dream.
Skills: 16 key competencies that an entrepreneur must have
If you are thinking of following the path of entrepreneurship, these are the necessary skills to become your goal, apply them and make your dream come true!
1. Have knowledge about business management . Regardless of where you want to go, you should have a basic understanding of how the business world is run.
2. Have the desire to achieve great things . To forge an entrepreneurial spirit you must have the determination to want to go as far as possible.
3. Have courage . For the people around you to believe in you and your projects, you must prove to be a brave person.
4. Be competent . Professionals who are at the head of companies never stop training in order to become increasingly competent to perform their role.
5. Know how to relativize and negotiate . In the real world, things are not black or white, so you have to know how to relativize problems and negotiate to find possible solutions.
6. Motivate those around you . Some people have the special ability to spread their enthusiasm and desire to progress to the entire team they are in charge of.
7. Know how to make decisions . Although many times decisions must be made quickly, you must also think very well about what you do before executing them.
8. Have adaptability . The business world moves faster and faster, so it is essential to be able to adapt to these changes.
9. Have initiative . If you want to be a successful entrepreneur, you cannot let others take over and direct the course of your projects.
10. Be humble . Arrogant and threatening bosses are out of fashion. Motivate those around you to be better every day and you will see how your business grows by leaps and bounds.
11. Have the ability to sell . This implies being able to connect with the rest, to visualize the fundamental aspects of your product or service and offer it in such a way that the other wants to buy it.
12. Communicate fluently and effectively . You need to have the ability to communicate efficiently and fluently to express your ideas so that they are easily understood and can convince your recipient.
13. Interact with other people. Networking . When you decide to start a business, you know that you will have to relate to a wide variety of people, and therefore you must know how to relate to them.
14. Time management . If you undertake alone or hire a group of workers, it will be of vital importance that you can manage your time, and theirs, correctly.
15. Patience and discipline . You will not see results from the first day, and maybe in months. You will have ups and downs and moments of uncertainty, so in those moments the only thing that will save you is discipline and patience.
16. Confidence . In your abilities, in your idea or in your staff: trust and stop doubting if you want everything to go well. The confidence you have will be reflected in your work.
Keys: the 10 commandments for entrepreneurs
1. Know the markets with the greatest potential . Before becoming an entrepreneur, you should know that markets change continuously, along with the population that lives immersed in them.
2. Be ambitious . Do not be afraid to set your goals and attract customers. This will require a high rate of work and effort, which will be rewarded.
3. Develop an idea different from the rest . Do not follow the fashion or go easy. Find something that our society really needs: study it and exploit it. Let your potential customers know that you are different from the rest and give added value to your products or services.
4. Benefit from know-how . Learn and benefit from the know-how of consolidated companies in the sector in which you want to undertake. Do not reject recommendations or advice that professionals or entities that work in your same area can offer you.
5. Take advantage of new technologies . Today you have at your fingertips many facilities to communicate and reach your target audience. Make use of all the free tools that technology gives you and you will reach thousands of people.
6. Train your team constantly . In a world in constant evolution like the current one, it is important to be up to date in the sector in which you want to undertake, both theoretically and practically and commercially.
7. Work as a team . Teamwork is a determining factor on many occasions, since it provides a richness and variety of ideas that, individually, could not be achieved.
8. Study the competition . You should not only study what your competition is doing well and is facilitating growth, but also everything that they are doing wrong and causing problems.
9. Be happy with your business . You must open your business on something that you are truly passionate about. If you are going to dedicate a large part of your life to something, at least it has to motivate you to do it.
10. Take advantage of contacts . Make contacts, talk about your business to the whole world: you never know where that person who has a key contact for you may come from.
Let’s negotiate: fundamental negotiation techniques to succeed as an entrepreneur
To achieve your goals, it is necessary to learn to negotiate and thus seek to obtain resources and tools that favor your own entrepreneurship. For entrepreneurs it is necessary to negotiate with suppliers, clients, investors and even workers, so it is very important to know how to negotiate with other people since the future of your company may depend on it.
1. Negotiating in good faith . Although you should look for the best for your business, it is not recommended that you hide or camouflage information. To do business successfully, the first thing is honesty.
2. Anticipate . Seek to know in advance the movements of your interlocutor. This way you can guide them towards what your company wants.
3. Negotiate with sense . Negotiating offering only what interests you is not negotiating. Negotiate by offering something that interests both parties, win-win .
4. Learn to withdraw . Understand when it will not be possible to get what you need and learn to withdraw in time.
5. Know your weaknesses . Know your weakest aspects, because they will be the objective of the other part of the negotiation.
6. Trade without emotion . Do not get carried away by the desire to grow, anxiety or fear. Put your emotions aside when negotiating.
Cultivate yourself: 3 entrepreneurship books that will help you when creating your business
Reading is one of the best ways to feed our imagination, creativity and learn about other people’s experiences , which can help us in our personal and professional journey.
For entrepreneurs, reading can also be a very good way to continue growing and learning stories that help start your business , overcome obstacles or improve your skills.
1 . The essence of Nuria Vilanova’s family business . This writer has collected the history of various Latin American entrepreneurs who are at the head of family businesses, stories that revolve around the emergence and evolution of family businesses.
2 . HR Analytics by David Aguado Garcia . The author focuses mainly on how technology can be applied to attract and retain talent and shows the digitization of this business field.
3. The great book of inspiration by Xavier Gabriel . One of the best reads for entrepreneurs, professionals and anyone looking for a good dose of optimism and encouragement to achieve their goals. His book is divided into phrases that invite us to reflect on our motivations, what makes us happy and everything that can help us grow personally and professionally.
Entrepreneur: regardless of the area in which you decide to undertake and the strength of the business idea you have, the world of entrepreneurship requires certain skills. Well used, these can help the business idea to be maintained, the venture to prosper and achieve success despite the shortcomings or battles that may arise.