The word ‘serial entrepreneurship’ is not very common among common people. The reason for this is that most Here serial entrepreneur are believed to just start new business because they have money. But most people forget it takes a lot more than just money to become successful at work.
Most people get an idea, invest all they have in it, and spend their lives enhancing and uplifting their business. But a serial entrepreneur goes over the same process again and again. A serial entrepreneur does what an entrepreneur does but repeatedly.
Here are a few traits that are possessed by serial entrepreneurs
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TIME MANAGEMENT:
If there is one thing money cannot buy, it is time. A serial entrepreneur has to be really effective at time management.
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CREATIVE:
Most people wish to be their boss, and the entrepreneur gets to be his own boss while a serial entrepreneur gets to be his own boss a lot of time due to his creative mind.
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GREAT PLANNER:
In order to keep balance a serial entrepreneur must be a great planner. The lining up and following up should be done with total care.
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PASSIONATE:
Running a business takes, running a few businesses takes more passion. Only a person who is passionate about his work can be willing to go through the same process of planning, creating and implementing again and again.
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RISK TAKER:
Everybody knows the amount of risk involved in starting a business. For a serial entrepreneur, the risk factor never ends, it only multiplies. Especially if the profits from the first venture are used up in setting up the next. But you will never know whether you can fly or not unless you try.
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SELF CONFIDENT:
The reason a person has succeeded as an entrepreneur is because of the confidence he shows in himself. Only when a person knows what is right for him can he truly succeed. There are always a lot of people who won’t believe in you, the least you can do is to be not that person.
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PATIENCE:
An entrepreneur knows patience. But sometimes success comes early for some. In such cases people tend to believe that anything they do will flourish at the same pace. Only a patient person can be the head of so many businesses.
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LEARNS FROM MISTAKES:
Having already launched businesses before, a serial entrepreneur is much likely to succeed faster if he is somebody who learns from mistakes, be it his or his contemporaries.
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NETWORKING:
In order to get to the top, one must have certain connections. Networking is very essential in order to learn the mindset of other people. One must try to spend as much time as possible with people who are either going through the same procedure or have already gone through it. It would also help to learn from their mistakes.
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OPTIMISTIC:
Not all ideas produced by the same mind can work, but does should lead to pessimism. The flow of new ideas should never stop. The optimism with which the business was started should stay the same, atleast in the initial few years.
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FAST LEARNER:
A serial entrepreneur is a fast learner. If he feels that one thing is not working for his business, he should not hesitate to change it as soon as he can. Learn and adapt is very important to be successful.
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PURSUIT OF HAPPINESS:
Though finance is very important for a business, it is much more important for an entrepreneur to pursue happiness. Growth of a person is insignificant if the growth is not taking the underprivileged along with it.
If after reading these traits you feel that you possess most of these, then you belong to the serial entrepreneur clan. A serial entrepreneur is a person who is just willing to go through the same process again and again, without letting anything put him down.
