Entrepreneurs don’t all share the same personality, but there are some personality traits that are consistently found in entrepreneurs and business owners. These traits include strengths and weaknesses that many people who consider themselves entrepreneurs will easily relate to.
Entrepreneur personality strengths and weaknesses are ingredients in the recipe for a successful business – some weaknesses make entrepreneurs more likely to be successful in the long-term. The strengths of the entrepreneur personality are the focus of this post. With an increased likelihood to be goal oriented, natural leaders, and highly creative, the evidence seems to say some people really are born to be entrepreneurs.
Entrepreneur personality strengths and weaknesses: Part 1
Entrepreneur personality strengths
Entrepreneurs were found to score highly for traits like goal orientation, interpersonal (social) skills, leadership, and persuasion. Even introverted entrepreneurs score highly for social skills, as they are especially tactful in social situations.
Other strengths of the entrepreneur personality include:
- Bold and direct – Entrepreneurs have no trouble making a point, even if it’s unpopular. They aren’t afraid to say what others are thinking. Entrepreneurs enjoy testing boundaries, and being bold and direct allows them to do so.
- Practical, logical – Entrepreneurs may have an interest in philosophy, but when it comes to the way they live their lives, it’s all about what’s working and what isn’t. Concrete things and legitimate ideas excite entrepreneurs, not fluffy discussions about nothing.
- Perceptive, intuitive – Entrepreneurs are very observant people. They notice when things change, when people are comfortable or uncomfortable, when situations are tense. Their observational skills allow them to connect with people in a comfortable and “customized” way.
- Creative, original – The entrepreneurs’ fondness for ideas and brainstorming is a part of the tendency to be creative and original. As mentioned above, a love for testing boundaries and an ability to communicate boldly and directly give the entrepreneur a means to be original and creative.
- Sociable, tactful – Entrepreneurs are often natural leaders, with an ability to not only get along with most anyone, but also to lead and manage most anyone. Because they are so observant and perceptive, they do an excellent job communicating with others and putting them at ease. That makes them a natural in social and leadership settings.
Entrepreneur personality strengths at work
Entrepreneur personalities aren’t usually hard to spot at work, even when they’re employees or managers instead of owners. They’re bold, spontaneous, sometimes gregarious, and occasionally enjoy inappropriate humor. They aren’t afraid of problems or challenges – they are the first to say they’ll take it on. They enjoy coming up with new ways to solve old problems. They’re innovative.
Certain positions work well for entrepreneurs and some are a recipe for disaster. Anything too repetitive or in a too-restricted environment will kill entrepreneurs’ motivation and drive. Anything that bores an entrepreneur is sure to lose their attention. That can be a strength in business ownership because they’re always looking for ways to make their brand more exciting and innovative.
Click here to read Part 2: Entrepreneur personality weaknesses. This post outlines the weaknesses associated with the entrepreneur personality type, including impatience, defiance, and occasional insensitivity.