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Traits of an Entrepreneur

Some people are born to be entrepreneurs, others are made. With unique backgrounds and experiences, there are many different reasons a person might become one. No matter what type of entrepreneur you are (lifestyle, home-based, internet, growth, micropreneur or intrapreneur), there are certain traits you will share with others in this community.

Motivation to Succeed

If there’s one thing you need in the world of business-ownership or entrepreneurship, it’s this. Never give up!

Confidence in Yourself and Willingness to be a Risk Taker

In addition to motivation, you must be confident in your cause and mission. If you don’t believe in yourself - no one will. Entrepreneurship in and of itself is a huge risk, you must be willing to take the jump and be confident that you will hit the ground running.


Your thoughts and ideas must be innovative and exclusive to you. Of course you can seek inspiration from outside sources, but you must have your own distinct flavour. This is what makes you stand out, and what makes clients / customers choose you.


With entrepreneurship comes lots of flexibility and control. However, since you are your own boss, you must act like your own boss. It’s great that you’re able to set your own schedule and work when you want / need to, but it can be easy to fall behind. If you can stay on top of everything no problem, you’re set.

Excellent Leadership Skills

At the very least, you’re leading yourself. Or maybe like in the case of my boss, Lindsay Dent, you’re leading a small team. As a good leader, you must have courage, integrity, empathy / understanding, good communication skills, and the ability to give respect as you receive it.


You need to be able to ebb and flow with our ever-changing world. To settle down and only do one, unchanging thing, would be to limit yourself.

In the words of Bruce Lee:

"Be formless, shapeless, like water.

You put water into a cup, it becomes the cup.

You put water into a bottle, it becomes the bottle.

You put it into a teapot, it becomes the teapot.

Now water can flow or it can crash.

Be water, my friend."


If there’s one thing you can take from this, it’s that entrepreneurship is not easy. If you’re reading this as someone looking to become an entrepreneur, all these skills can be honed. It takes time and experience to get to a place where you can successfully do this. Having a mentor and strong network of people to help you is a great first step.

Good luck!


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