3 Qualities Of A Successful Entrepreneur

Jeremy Imlach
Nov 1, 2021
3 min read

Updated: Apr 26, 2022

Unfortunately there is no direct path, step by step process, or 'Secret Sauce' that will lead to imminent success.

Dealing with failure will shape and determine whether or not you will ultimately be successful.

In these moments what separates a successful entrepreneur from a failed entrepreneur is PERSISTENCE. Being able to pick yourself back up when life knocks you down and learn from your failures, is key to getting where you want to be. Think of it like going to the gym, you have to feel the pain and soreness before you see the results. Michael Jordan is a prime example of this, being cut from his high school basketball team. He had two directions he could have gone: hang up the basketball shoes because he wasn’t good enough or get back in the gym and train even harder from the lessons that this failure taught him. We all know how that story ended.

It’s not only persistence that paid off though, it’s also a strong work ethic. Being able to be a self starter, and do the things you need to do when you don't always want to do them. This is all a result of having DISCIPLINE. Being successful in any area of life requires discipline but it’s not always easy to maintain, because if it was, everyone would be successful. Ultimately discipline is being able to do the things you hate to do and doing them like you love them.

None of these previous two qualities can really work though if you do not have a willingness to learn. Most people naturally won’t be manically persistent or have incredible discipline, but they will learn they have to be if they really want to make it happen. This is rooted in DESIRE, how bad to really want it? Are you willing to keep trying after constant failure? Are you really willing to do all the boring monotonous tasks over and over again because it’s necessary to get to where you want to be? If so you’re probably on the right track!

As mentioned above, there is no direct path to success, but if one really tries to practice and hone these qualities with the intention of growth, success will eventually become undeniable.

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