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What Makes A Great Business Man or Woman?

Great business man and women

Business

What Makes A Great Business Man or Woman?

Even though there is no hard and fast rule about how to become a business man, there certainly are qualities that make a great business person.

Risks

If you want to be great in business, you should always be ready to take calculated risks. This is what will make you stronger both mentally and help you make better decisions in the future. You don’t always have to play safe in business. Sometimes the higher the risk, the more reward you get. You must be able to take bold decision and execute them without fear.

Read: Risk management is an ongoin activity; not periodic

Challenge the status-quo

If you want to be a great business man, you must not always accept the preconceived way of doing things. You should always try to find out if there are better ways the same stuff could be done. You need to have a good sense of adventure.

Beat the competition

Also study your competition, see what makes them profitable and study what their weaknesses are. That is how you will be able to know how to beat your competitors.

Read: How to make your product or service the number one choice

Uncertainty

Embrace uncertainty; there is uncertainty at every turn in the business world that is a fact. The biggest trait of successful entrepreneurs is the willingness to handle uncertainty. Fear of the uncertainty is a natural feeling. But, don’t allow that fear to become your limitation. “The strongest trees don’t grow in the best soil…they grow in the strongest winds”. Ability to approach and accept that level of adversity and uncertainty is where your shine is as an entrepreneur.

Do it now

Great business men never procrastinate. That is a very dangerous behaviour that will kill your business. There is no right time to do something except now. Discipline yourself to take immediate action. “How you do anything, is how you do everything”.

Read: If you believe in your idea, invest yourself in it

If you want to be a good business man you need to commit yourself to these:

  • Educate yourself.
  • Put in after-hours work
  • Seek the guidance of a mentor.
  • Prioritize tasks.
  • Complete projects
  • Pursue something important to you.

Strike a balance between work and play

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