In the world of Entrepreneurship were every business person is striving to boost thier businesses and be successful Tesla Lawal is changing the Entrepreneurship landscape with his various new Strategies.
Nigerian Entrepreneur Tesla Lawal share some useful tips for new entrepreneurs.
According to him he said in a virtual online training with other entrepreneurs that negative personality affects your business and when not corrected can close down business with a great potential to grow.
He said by working with other industry colleagues and starting many online Businesses he has learned some powerful traits that can help any Entrepreneurship business.
There are many factors that can contribute to the success of an entrepreneur as they launch, operate, and scale their business.
These factors can include the timing of their business launch,
how competitive their market is, the reliability of their supply chain, the amount of capital they are able to obtain, and the
current economic climate.
In addition to these elements, there are a number of traits
successful entrepreneurs have in common that contribute to
their business success. Let’s dive into what they are.
Successful Entrepreneur Personality Traits
bill aulet entrepreneur quote: "We have looked for the
entrepreneurship gene and there is no entrepreneurship gene.
There is not. It is disciplined execution that makes people
Starting and operating a business is no easy feat. Unlike a
traditional job where you often have upper-level management
driving business objectives and keeping you accountable, being an entrepreneur requires the ability to hold yourself accountable
when you don’t have a "boss" to do so.
Those who are able to create and execute plants even without
external factors holding them accountable have a competitive
edge in business. When an entrepreneur has self-discipline they
are able to manage the urge to procrastinate and can take
decisive action when needed.
Three-time entrepreneur Bill Aulet recognizes that focus and
discipline are critical for startup success, and it's even the focus
of his book, Disciplined Entrepreneurship. He goes so far as to
say that, "It is disciplined execution that makes people
successful entrepreneurs." His book outlines a 24-step
framework for bringing products to market. The rigorous (but
fun) methodology comes from Aulet's experience building
startups, raising capital, and creating value from shareholders.
mignon francois entrepreneur quote: "I got the idea of having a
bake sale everyday while listening to a financial guru on the
Though creativity is often associated with artistic output, it is an
important trait for all entrepreneurs to have. Creativity doesn’t
only apply to visual elements or branding. Entrepreneurs who are
able to creatively solve problems and think outside of the box
when facing everyday business challenges, they are able to
quickly pivot and implement necessary solutions that lead to
business growth. Inspired by a financial guru and the high cost of sweets in her
area, Mignon Francois went from "household manager" to
founder and CEO. "I got the idea of having a bake sale everyday
while listening to a financial guru on the radio. I was a household
manager of 6+1 (aka stay at home mom) and I really couldn’t
afford the luxury of taking my children out for sweets because
everything was expensive and we were struggling. Once I started
to get my recipes together I would practice all day."
Originally, she didn't even know how to bake, relying on her
daughters and grandmother for help. However, her hard work
and ingenuity turned a condemned home into a full-blown bakery
and a creative endeavor into a ten-million-dollar business.
gary vaynerchuk entrepreneur quote: "I suck at 99 percent of
stuff, but I go all out on that 1 percent I'm good at."
Entrepreneurs who have a sense of self-awareness that they are
able to apply professionally to achieve business success. When
an entrepreneur is self-aware they are able to own up to their
strengths and weaknesses related to running their business.
With this awareness, they are able to zero in on the tasks and
elements of running the business they can excel in and are more
willing to delegate the areas they are not as strong in. Another
benefit of being self-aware is that it increases one’s ability to
give, receive, and apply meaningful feedback. Gary Vaynerchuk, lifelong entrepreneur and social thought leader,
says that self-awareness is a trait he wishes the business world
paid more attention to, more so than hustle or smarts.
"Self-awareness at its finest is accepting your shortcomings and
accentuating your strengths." In his blog post on the topic, he
says that the moment you decide to do so, "things will change."
mark cuban entrepreneur quote: "It's not about money or
connections. It's the willingness to outwork and outlearn
Many entrepreneurs are faced with tasks and challenges they
have never faced before. The ability to be resourceful is a
mindset that helps entrepreneurs reach lofty goals without a
clear way to achieve them.
When entrepreneurs are able to work resourcefully, they can
effectively problem-solve and grow and scale their businesses
without having all of the answers or resources to do so. Being
resourceful requires a can-do attitude and willingness to work
creatively to effectively manage a business without having the have to work hard and try to put yourself in a position where, if
luck strikes, you can see the opportunity and take advantage of
masaaki imai entrepreneurship quote: "The message of the
Kaizen strategy is that not a day should go by without some kind
of improvement being made somewhere in the company."
Having solid processes in place is essential for any successful
entrepreneur. In the world of business, a process is a repeatable
series of steps that help those working within a business to
complete necessary tasks. Processes can apply to various
aspects of the business including sales, onboarding new team
members, production, and product fulfillment.
When business owners have a process-oriented mindset, they
are able to work smarter, not harder. Implementing processes in
various areas of the business can prevent waste, allowing
business owners to scale and grow their businesses.
Additionally, when business owners have repeatable processes
in place, they are able to easily train new team members to fulfill
important aspects of the business without sacrificing time or
Masaaki Imai, management consultant and founder of the
Kaizen Institute Consulting Group, says this about processes and
systems: "The message of the Kaizen strategy is that not a day
should go by without some kind of improvement being made
somewhere in the company. He is, of course, referring to a principle called Kaizen that
champions the guiding philosophy of "continual improvement"
often applied in lean business and productivity processes.
Kaizen's impact can be found in the snowball effect that
incremental changes to process can make, and it has been
practiced throughout the world — most notably at Toyota as part
of the Toyota Way Fieldbook and at Trader Joe's as one of the
company's core values.
dharmesh shah entrepreneurship quote: "In this day and age, I
think empathy is more important than ever. As we scale our
company, what will differentiate us in the future is what has
differentiated us in the past: We fundamentally care about our
customers and each other."
Empathy is an essential trait for entrepreneurs. Whether a
business owner manages a large team of employees or works
directly with their customers as a high-performing solopreneur,
they must be able to connect with others on a genuine level.
Successful entrepreneurs are able to put themselves in others’
shoes, considering the perspectives of their employees and
customers as they navigate key business decisions. In business,
empathy can look like anticipating your customer’s needs,
empowering your team members to take time off to recharge
when they need it, and giving both employees and customers
space to voice their opinions and concerns. Business owners who have the soft skills necessary to connect
with others, they may experience benefits such as increased
customer loyalty, more customer referrals, and increased
Dharmesh Shah, co-founder of HubSpot, considers empathy
such an important core value that he modified the organization's
Culture Code to include it. "Not too long ago, I found a bug in our
Culture Code that needed fixing. We use the acronym HEART to
describe qualities we value in our coworkers. For years, these
qualities were: Humble, Effective, Adaptable, Remarkable, and
Transparent. But something wasn’t right. HEART did not clearly
capture one of the values that I think is fundamental and part of
our core at HubSpot. That value is: empathy."
simon sinek entrepreneurship quote: "Leadership is a way of
thinking, a way of acting and, most importantly, a way of
According to research from Wroclaw University, the top three
communication skills for leaders are effective listening, getting a
message across clearly and vividly, and providing feedback in a
These skills can put entrepreneurs at a competitive advantage.
When a business owner is able to effectively listen to their
customer, they are able to implement customer feedback that
can help them improve their offerings. Additionally, when
business leaders exhibit these skills with their own employees and team members, they are able to build trust which can
improve productivity and business performance.
Communication is a big part of Simon Sinek's message to
business leaders. In fact, Sinek's TED talk Start With Why covers
the topic and is one of the most popular to date.
"Communication is not about speaking what we think.
Communication is about ensuring others hear what we mean."
According to Sinek, this is a vital part of leadership.
noelle santos entrepreneurship quote: "So in my mind, I was like,
'Okay, that means I have two years to open a bookstore.' I took
responsibility for it."
Simply put, when you’re your own boss you have to be able to
keep yourself motivated to work effectively and consistently.
Entrepreneurs must be able to work through creative ruts and
points of feeling uninspired to keep their businesses going. This starts with knowing what drives you to keep going and drawing
upon necessary inspiration when motivation is low.
A great example of this is entrepreneur Noëlle Santos, who didn't
intend to open a book store — she worked in HR for an IT firm —
but was shaken by the news that the Barnes & Noble she
frequented was closing.
The joy of reading was important to her, so she had to do
something. "I was disgusted knowing that there was just one
bookstore at the time. So that petition galvanized the property owners and Barnes & Noble and the politicians, they came to an
agreement that they would extend the lease two years. So in my
mind, I was like, 'Okay, that means I have two years to open a
bookstore.' I took responsibility for it."
Dedicated to her mission, she even worked at other bookstores
for free over the course of two and a half years to learn the
industry. From there, Santos fundraised and energized a
community behind The Lit. Bar, bringing a bookstore back to the
Bronx. The lesson here being that grit has to be inspired by
9. Risk - Taker
The ability to take a calculated risk is one of the most valuable
skills an entrepreneur can have. When business owners are
willing to take risks, they are able to learn valuable lessons in
business that can help their company in the long run.
Taking risks also helps businesses find new ways to differentiate
themselves from the competition, which is especially helpful in
saturated markets. In the event the risk doesn’t have the
intended result, the entrepreneur can still apply the valuable
lessons learned to future business decisions.
Microsoft's Bill Gates is credited with the quote, "To win big, you
sometimes have to take big risks." Gates certainly took risks
throughout the history of Microsoft, but perhaps his most
notable risk was leaving Harvard during his sophomore year in
1975 to found the company. His vision was "a computer on every
desk and in every home," which was something no one could have conceived of at the time. The risk he took to make that
vision a reality paid off, and Microsoft is worth more than a
These traits along with a vision for what you want to accomplish are paramount to your success as an entrepreneur. Once you internalize your drive, you can then begin putting goals to paper and build out concrete action items to realize the–he added.