The most successful personalities benefit from a combination of personal prowess and luck. Luck in the sense that timing is often a determinant when ideas catch fire, and personal prowess in the sense that prosperous people are capable of capitalizing on lucky timing. Here are ten personality traits of successful entrepreneurs.
Apple released Lisa in 1983. It was one of the first computers to use a mouse and bitmapped graphical interface. In short, the gadget was a revolution that placed Apple on the map as a company that was developing cutting-edge personal computers.
Rather than develop a computer that could contend with market leaders of the day, Steve Jobs led a team hoping to rethink what a personal computer could be. They approached the task of developing a new personal computer with an open mind.
When Jeff Bezos established Amazon, he knew that his firm would need to concentrate on a specific problem in order for his small business to make any progress. As a result, he focused on becoming the world’s largest online bookseller.
During an interview with 60 Minutes in 1999, Bezos was asked about his desk. Although Bezos was already a billionaire at the time, his desk was made of an office door and taped-together 4x4s. The Amazon boss replied that the desk was “a symbol to spend money on things that matter to customers.” His focus is on customer satisfaction.
Facebook Chief Operating Officer, Sheryl Sandberg is an excellent leader. Early in her career, she didn’t realize how influential she was. In a company presentation, she announced that the company should stop using PowerPoint during meetings. People on her team took her at her word and did not even use PowerPoint during client presentations.
Jack Ma is worth about $35 billion, and yet, before establishing Alibaba, he was declined for 30 jobs. He was refused a job at KFC, he was rebuffed by the Chinese police academy and he was refused 10 times by Harvard University.
Being rejected repeatedly taught Ma determination. As a result of his learned willfulness, Ma was able to successfully start Alibaba in 1999. Approximately 20 years afterward, the company is worth at least $460 billion.
Warren Buffett bought a modest house in Omaha, Nebraska, in 1958. Today he is one of the richest people on earth, with almost $90 billion in assets. But, he still lives in the same home, which is now worth one-hundredth of one percent of his total wealth.
Rick Rubin is a famous music producer, responsible for assisting musicians like Johnny Cash and Jay-Z to find their musical voice. He has achieved tremendous professional success, and he credits his self-reflective streak as the chief driver behind his ability to identify talented artists.
Running a prosperous business requires process-oriented thinkers. Those who simply rely on creativity and instinct may find it difficult to work together on a regular basis. In his book, High Output Management, the former Intel CEO, Andrew Grove, wrote about the importance of operating as a process-oriented leader.
Although successful professionals are certainly creative and adaptable, they also know how to execute ideas by designing processes that empower subordinates to work efficiently.
Charisma is a vital element for effectively motivating employees to do their best work. But, while charisma is an essential component of leadership, it does not necessarily require extroversion.
Inspirational leaders can be introverts too. Being charismatic means you have storytelling ability, conviction, and empathy. If you can package those skills, you’ll be well on your way to leading a team to get behind your mission.
Good leaders care about those around them. Take the executive chairman of Starbucks, Howard Schultz. He insisted that employees should be awarded generous benefits, and as a result, the organization gives a wide range of bonuses to all employees who work over 20 hours per week.
Steve Jobs dropped out of school to build computers in his parents’ garage. Jeff Bezos left a profitable career in finance to open an e-commerce store. Mark Zuckerberg spent hours creating Facebook instead of reading for tests while attending Harvard. Howard Schultz left his job to open a coffee shop after being encouraged by Italy’s coffee culture while traveling for business.
Successful people have a daring streak in them.