The Three B’s You Need to Become a Great Entrepreneur

An entrepreneur runs a business or businesses by selling their product or services for a price, can afford to pay rent, wages and interest on the capital and still gain a profit in the end. An entrepreneur is also unafraid of the challenges and risks that are typically associated with the business on a day-to-day basis. Risk City. Global Entrepreneur Week.To be a successful entrepreneur, you need to have three important traits that can put you ahead of the competition. Brains, bravery and business coaching are three skills that will aid you in getting your business off the ground and moving toward a financially sound future.

Brains

Many business owners learn their skills through schooling and experience, but others are inbred with successful traits and were born to be leaders. Intelligence is always considered a key to any financial success, and entrepreneurs must have their share.  However, knowing how to work smart can separate successful entrepreneurs from those that find it difficult to overcome the typical business hurdles. An intelligent business owner knows that being a strong leader can make or break a business, especially when they lead by example. Financial geniuses are also smart enough to realize that they need to be disciplined enough to do whatever it takes to reach the finish line.

Bravery

It’s a fact that solid rewards can come with hard work and dedication. But a person who is brave and unafraid to take risks can achieve greatness in the business community. What separates the regular business owner from the successful entrepreneur is the gift of taking risks in order to make a fortune. All transactions may not be profitable, but it takes a skilled entrepreneur to handle that risk, calculate the gains and reap the rewards. If you’re only willing to make a modest income and never be brave enough to go above and beyond to reach your goals, you’ll likely not see overwhelming success in the independent business world.

Business Coaching

In order to achieve greatness with your own company, you need to formulate a plan. Many people are ensconced in their dream job, but they are unsure of how to reach beyond and achieve higher goals. A business coach can help an owner achieve success by organizing a plan, observing the strengths and weaknesses of their strategies and holding them to their final goals. Executive coaches are trained to aid you in your career from platforms of psychology and organizational development to human resource management and adult learning.

Bottom Line Benefits

Successful entrepreneurs that use business coaching see this as an investment instead of an expense because of the way their revenue can grow consequentially. An online directory of coaches is one of the best resources for those interested in learning more about this unique service. Here you will find a variety of people that are experienced and knowledgeable in this field, and you can choose the one that you will feel most suited for your executive career needs.

Most entrepreneurs in the world today have made it as far as they have by hard work, diligence and confidence. However, the three B’s of bravery, brains and business coaching will always separate the top producers from the rest of the crowd.

Ann Bailey started her own art business and shares these inspirations for other business founders seeking a step up. Noomii, a go-to online directory of executive coaches, is available to help any client ready for the next level of business guidance, encouragement and success.

Photo Credit: http://www.flickr.com/photos/bradmontgomery/8192544700/

 

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annbailey

Ann Bailey is an artist and former TV journalist, and currently contributes articles in the arts, business and legal fields.

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