Success is an ongoing concept, so there is no concept like a “successful business”. The result of each day’s work either adds to or gets subtracted from the pile of success. It is a moving concept. So, let us now discuss the key traits that every businessman should have in order to keep growing its pile of success:
- Ability to acknowledge the good and bad days of business, for there cannot be good always. It is the law of nature that nothing is permanent.
- Clear demarcation between personal and professional life. Any loss in personal life will obviously affect the business, hence a cushioning should be maintained in order to manage such temporary phases of life.
- Warmth and humbleness while greeting potential or existing customers/clients.
- Ability to take responsibility in case of failure/shortfall in delivery of goods or services.
- Ability to take risk because sometimes opportunities come in disguise. Timely recognition of good chances is very important.
- Ability to maintain clients for long-term by creating a friendly environment.
- Ability to sustain long-term employees. They are the actual assets whose individual hard work may not be visible but whose team work leads to growth.
- Power and courage to stay high if the business fails. The internal motivation should always stay.
- Preparedness to evolve with technology.
- Empathy for the needy.
Expertise in the business is of course crucial but something is more important than that. That something is learning ability. More than qualification, it is the brilliance, common sense and determination that would keep one moving on the path of success.