Today’s post is part one of a five-part series by guest blogger Alex Papa, a publisher, social entrepreneur and investor based in the U.K.
Every day, new businesses open their doors with the hope of turning over a profit. People of all backgrounds invest into their dreams of running a successful business and acquiring wealth. But the stark reality is that some of these businesses will close before turning a profit.
The success of an entrepreneur or their business start-up can never be guaranteed. But certain underlying pillars can distinguish a successful business from the one destined to collapse.
Pillar One: Entrepreneurial Prowess
There are certain distinct traits that are characteristic to almost every entrepreneur;
These aren’t the only characteristics found in entrepreneurs, but they are quite common. If you are considering launching a new business, you may want to take a look at yourself to see whether you possess the traits of an entrepreneur.
Alex Papa is a publisher, social entrepreneur and investor. He often mentors new business owners and speaks in seminars around the world showing people how to find ideas for small businesses. He also writes about Internet Security solutions at the blog.