What do Steve Jobs, Elon Musk and Jeff Bezos have in common? Apart from building multi-billion empires from virtual scratch and forging new ideas and products that shape the way we live today, they have also ascended to the top through a set of indispensable entrepreneurial skills they have mastered early on in their careers. Here is a break-down of these skills:

  1. Perseverance. Nothing ever goes according to plan, especially in business. There will be days when crises will break out one after the other and days of clear, bright blue skies. Successful entrepreneurs have the resilience to adapt easily and continue their efforts despite any obstacles.

  2. Resistance to distractions. When a goal is set, a successful entrepreneur’s focus never wavers. They have the ability to strive towards achieving it, step-by-step without yielding to the admittedly many distractions that come their way.

  3. Long-term orientation. Patience is an invaluable quality for entrepreneurs but, unfortunately, most lack it. Success never comes in the blink of an eye; it may take years. Entrepreneurs who have attained excellence are those who have acknowledged the importance of long-term, future-oriented planning and have made it into practice.

  4. Leveraging people. The Elon Musks of this world know exactly where to find and connect with the right people. They never overlook the importance of working with the cream of the crop and receiving truthful feedback from them.

  5. Sales acumen. No one can ever be a successful entrepreneur if they are not sales people first. They have to be constantly engaged in a sales process to market their products, ideas, services and people as well as determine when the best time to sell (or not to sell) is.

  6. Ongoing Learning. Market trends change all the time; so are systems and technology. Therefore, to stay ahead of the game, an entrepreneur needs to have the propensity to keep on learning and staying up-to-date with every new development.

  7. Introspection. So many serious lapses of judgement would have been avoided if entrepreneurs realised that success is also predicated on self-reflection as it allows time to unwind and plan the next steps with a clear head.

  8. Autonomy. Despite the helping hands extended, entrepreneurs need to be self-reliant and inventive to weather all the storms.

Source: https://www.forbes.com/sites/aileron/2013/11/26/the-top-skills-every-entrepreneur-needs/#242d5fee76e3