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November 1, 2016

[Video] What are the skills required to be a successful entrepreneur? – Bobby’s Minute, ep. 41

Here are the 2 most important skills that I believe every entrepreneur should posses.

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Transcript:

What are the skills required to be a successful entrepreneur? There are lots of skills required to be a successful entrepreneur, but you don’t have to have them all. There are 2, though, that I think are paramount for an entrepreneur and one of them is prioritizing. You need to be able to prioritize all the tasks that come at you during the day. If you’re not able to do that, if you’re not able to understand which task is more important than the other, you’re gonna become a walking dead.

You know, you’re going to work all day, you’re going to be under the impression that you’re working a lot but the company will not move forward and that’s because, instead of, I don’t know, going out and selling, which would move your company forward, you would stay in front of your computer and modify the logo of the company and that will not move the company forward. And you’ll work 12 hours to create the best logo that you can but, on the other hand, nobody’s buying your product.

The other important skill that an entrepreneur should have is making decisions: good ones, bad ones, it doesn’t really matter, at least in the early stages. You need to make decisions. If you’re becoming paralyzed and you’re not making decisions, you’re not moving forward, so make a decision.

Even if it’s the wrong one, at least it gives you a point that you can analyze in your decision process in the future. At least you know that decision is wrong. Obviously, some of the decisions, like the legal ones that can really hurt your company, you should take your time before deciding something about it.

On the other hand, most of the decisions during the day they are not that important. Most of the decisions that you make will not kill the company, so move forward and learn as you do it.

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