Who is a successful entrepreneur? the answer lies in the person who seems to achieve success in business as if by some magic formula, but in reality there is none except some practical down-to-earthly traits which he/she has imbibed or cultivated over a period in time. Topping the list of such characteristics, is the entrepreneurs self-confidence in his/her own self and ability to excel in comparison to others, followed by sheer efforts to stay focused on a rather lofty objective, and thirdly by a judicious combination of risk-taking mixed with caution in almost perfect balance.
People who are achievers succeed in business by naturally displaying some very interesting behaviours that seem to be based on easily assimilated characteristics such as decision-making, independent thinking, dedication to work, emphasis on more effort than luck, and so on, in addition to the top three, mentioned above. Again even among those key characteristics, Self-confidence stands as the hallmark of the successful entrepreneur, without which all the other characteristics would fade or vaporize into thin air. Such is the standing of self-confidence as an essential trait, in the overall...