What Are The 2 Most Important Traits in An Entrepreneur?

http://blog.eladgil.com/2011/04/what-are-2-most-important-traits-in.html

by eladgil • 15 years ago

26 12 15 years ago

blog.eladgil.com

smysore• 15 years ago

I'm curious as to why you think charisma is sometimes a negative influencer of success?

eladgil3• 15 years ago

If you meet a number of founders of really big companies, in many cases they are sort of awkward, introverted people. The salesy, flashy people may be really good at convincing, but sometimes they can get away with less execution. This can be a good or bad thing depending on the type of startup and the market it is in.

There are also obvious examples of highly charismatic people who build big companies (e.g. Steve Jobs).

As an aside, I think Mike Moritz (investor in Google, Yahoo!, PayPal, etc.) also mentions something along the lines of "awkward/shy founders are often the ones who do big things" in a recent video interview (maybe the TechCrunch one?)

I am not sure what the cause is. Maybe inward focus helps build a great product and ignore feedback from people trying to influence your vision in the wrong direction? While charisma suggests being strongly attuned to others, whose feelings you may hurt by forging your own path? I dont know...

draycox• 15 years ago

Alas, my introversion might actually benefit me.

keiferski• 15 years ago

You're equating tech entrepreneurs with entrepreneurs on the whole. There's a big business world outside of tech.

Case in point: Richard Branson. Arguably one of the most charismatic entrepreneurs around.

stevenj• 15 years ago

As a single founder, I'm finding that the most important trait is not giving up.

Just keep trying.

March on.

turoczy• 15 years ago

Thanks for choosing the word "tenacious." I get so tired of hearing that entrepreneurs need to be "stubborn." Tenacity differs from stubbornness, and I'm really happy to see you make that distinction.

prknight• 15 years ago

Same goes for words like hustle or pigheadedness. I think grit maybe an even better way to state it. Stubbornness and tenacity can work for or against an entrepreneur or business. (comment inspired by reading http://andymckenzie.blogspot.com/2011/04/when-can-we-measure...)

efsavage• 15 years ago

1. Persistence 2. Persistence

Everything else is negotiable.

I'd disagree with tenaciousness as opposed to persistence because I think it implys a zeal that is important for early success, but less so for success in the long run.

eladgil3• 15 years ago

Persistence is a good way to put it too. Seems like the interpretation of the terms are similar. From Google "define persistent" or "define tenacious"...

Search Results te·na·cious/təˈnāSHəs/Adjective 1. Not readily letting go of, giving up, or separated from an object that one holds, a position, or a principle: "a tenacious grip". 2. Not easily dispelled or discouraged; persisting in existence or in a course of action: "a tenacious legend".

per·sist·ent/pərˈsistənt/Adjective 1. Continuing firmly or obstinately in a course of action in spite of difficulty or opposition. 2. Characterized by a specified habitual behavior pattern, esp. a dishonest or undesirable one.

daimyoyo• 15 years ago

I think the two traits are simply a complete belief in your idea, and the willingness to work as hard as need be to make it successful. I think that as long as you have these two things(and your idea doesn't suck) that you'll be successful.

switch• 15 years ago

1) Not reading articles about 'x most important traits of an entrepreneur'.

2) Not giving up.

What Are The 2 Most Important Traits in An Entrepreneur?

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