Top 10 Leadership/Entrepreneurial Qualities (Part 2)

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“Managing the Entrepreneurial Gap,” the latest in the Catapult Groups Webinar series, takes place on Wednesday, February 27, at 10:00 a.m. PST. Led by expert speaker Bill Wagner, this webinar discusses the pitfalls and potential landmines that go hand-in-hand with various entrepreneurial personalities and offers insights for solving these challenges.

Here is Part 2 of Bill Wagner’s insights into the top 10 leadership/entrepreneurial qualities.

What are qualities that one needs to be an entrepreneur who succeeds and endures?

6. Accountability: The most successful entrepreneurs have a strong system of accountability. They define the metrics necessary to hold both their employees and themselves, more accountable. If you can’t measure it, you can’t manage it!

7. Education: Successful entrepreneurs invest more than 100 hours each year in educating themselves. This includes peer-to-peer learning, seminars, professional coaching and higher education. This figure does not include the time they spend reading business related material, magazines, web content and journals. This should amount to another 75+ hours per year.

8. Peer-to-Peer Learning and Professional Coaching: Membership in Catapult Groups or other professional peer-to-peer organizations assists entrepreneurs in their education and learning process. Some organizations have paid professional facilitators who conduct one-on-one meetings with the entrepreneur-member. The purpose is to coach the entrepreneur to new heights. Those who avail themselves to these programs grow and prosper far quicker and accomplish more.

9. Innovative vs. Creative: Creativity seems to come largely from analytical capacity which is also our source of imagination. Entrepreneurs who are highly “dominant” seem to have a greater level of innovation, or the ability to take the ideas of others and find additional application and opportunity. As an example, Xerox created the mouse and Apple was the innovator that turned it into a more marketable product.

10. That Personality Stuff: Ideal entrepreneurs are assertive, aggressive, highly results oriented, good collaborators, consensus builders, team builders, driven, multi-task and handle pressure well, independent and strong willed. As I note in my book, The Entrepreneur Next Door, these people have a “Go-Getter” personality.

There’s still time to take part in Bill Wagner’s webinar, “Managing the Entrepreneurial Gap.”  Register here for the February 27th webinar.

Brad Mishlove