"If you believe the publicity, the key to vast wealth lies in six one-hour
tapes, or a three-part lecture series, or a book such as The Inner
Winner. However, psychologists say that multi-millionaire status cannot be bought for $49.95 with a money-back guarantee. The answer lies within."
Studies(#) have shown that successful character traits shared by very successful entrepreneurs such as Warren Buffet, Bill Gates, Donald Trump, Frank Lowy, the Vanderbilts etc include:
* risk takers
* amazing ability to spot opportunities
* desire to dominate and win
* amazing personal drive to succeed
* vision - product, market, technology
* an active mind - ability to look ahead with the aim of improving, expanding and growing your skills and your business
* competence and confidence - maths, sales, technical & practical knowledge
* drive - desire to take action, impatience, ambition, set goals, tenacity
* passion - to achieve the vision and to create wealth
Do you have what it takes to be an entrepreneur? With the internet (eg: Ebay, Etsy, Craigslist) as a gateway for many business start ups, the barrier to entry is lower than ever.
(#)James Carlopio (AGSM), Kenneth Preiss (UTS), Edwin Locke (University of Maryland's school of business)