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The Keys To Entrepreneurship

trong business plan to follow for his new venture. These are all valid reasons as to why Goltz succeeded when so many other entrepreneurs fail.An individual’s personality traits are often determined by his or hers common environment, or in other words, their past experiences, friends, and style of life. Some of the personality traits that are essential to being successful in entrepreneurship are; tolerant of uncertainty, self–directed, self-nurturing, highly energetic, and action orientated. Goltz also suggests that you must be realistic about yourself and what to expect. Here are a few quotes from Goltz on about various issues; “Do not believe that when you go into business for yourself, you don’t have to answer to anyone, because in reality when you go into business for yourself you must answer to everyone.” “Hard work is not the surest route to success. If that were true then most people would be successful. Leveraging your assets and going with your strengths is the best way to achieve success.” (http://www.bossschool.com) Once a person has discovered his or hers strengths and weaknesses, then one can begin the process of developing and improving their personal traits that will lead them to success.A business plan is vital to the success of one’s business. Not only does it give the business a direction and goals, but it takes away some of the unknowns that the future might hold. You must be realistic when making your business goals. Mr. Goltz has said, “No company can give the best prices, outstanding quality, and exceptional service and survive in business very long.” (www.dealconsulting.com/quotes/june1098.html) One must be wary of many things. To set oneself up for success, creating a business plan is one of the essential pieces to the puzzle of success.So now, what does it take to make a successful entrepreneur? Well, to start off one must be prepared. ...

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