Probably the strongest characteristic I know that is shared by successful entrepreneurs is the ability to take something complicated and turn it into something simple.
People with this successful trait are able to listen to partially related conversations, disjointed argument, complicated ideas other people are struggling to put together, and see the big picture before boiling it down to a simple conclusion. Perhaps they describe the essential idea simply, or distill it to 2 or 3 important steps, that encompass everyone’s thinking into a simple actionable idea or plan.
The second strongest characteristic amongst successful entrepreneurs I know is that they are able to combine their ability to get to the root of the issue and then, with clear leadership, turn it into a success factor for their company. This may be as simple as subtly taking over the conversation whilst allowing people to take the glory, or shifting mindsets so that the required daily actions seem so small and actionable. They do this in such a way that everyone understands the issue and the solution, everyone feels included, everyone understands the clarity of the objective, and everyone feels happy to contribute.
In talking to these successful entrepreneurs that I admire, I find that they come from all sorts of backgrounds and are in all sorts of industries, even including the not-for-profit industry. So it’s not all about making the profit, it’s about the clarity of thought and leadership that brings success to the venture.
In talking to these entrepreneurial leaders, I have discerned 5 areas of focus for them.