Page 32 - MidJersey Business - September 2014
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Your Business
BEST PRACTICES AND OUTSIDE-THE-BOX SOLUTIONS
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Economic Development
COMMON DENOMINATORS
Entrepreneurial traits of New Jersey business owners |
by Alex Zaltsman
T
he Entrepreneurs’ Organiza- Optimistic
Another trait continually valued by en-
tion (EO) of New Jersey Passionate
trepreneurs is resilience. Drew Trautman,
conducted a survey asking Solution-oriented
franchise partner of 1-800-GOT-JUNK?
its readers questions about and You Move Me, praised one’s ability to
important entrepreneurial According to Mike Michalowicz, the bounce back. “There are so many ups and
traits. Which traits do most
author of The Pumpkin Plan and CEO of downs during the entrepreneurial journey
entrepreneurs tend to have? Which traits Provendus Group, an entrepreneur needs to that resiliency is essential,” Trautman says.
do entrepreneurs deem most signiicant?
be aware of his or her life’s purpose. “When Johnnie Lynch, an inspirational
More than 96 percent of respondents said they know that, they are automatically speaker, stresses the importance of having
that being driven is a trait entrepreneurs persistent and will do whatever it takes
“thick skin,” saying he remembers being
usually have. Risk-taking and tenacity for however long it takes, regardless of the upset about a failed deal and a friend tell-
followed closely with 82 percent and 74 outside inluences,” he says.
ing him, “This isn’t the irst time it rained
percent, respectively. The other popularly Susan McGlory Michel, CEO and founder on your parade, and it won’t be the last.”
selected qualities included:
of Glen Eagle Advisors, agreed that one’s “Maybe it’s cliché, but this helped me
Life-long learners
purpose plays a large role. “Know what your get through tough times,” Lynch says.
Forward thinkers
personal values are and be true to those,” Some entrepreneurs believe you must
Acting with a sense of urgency she says. “Entrepreneurs imagine the be born with the entrepreneurial spirit in
Focused
future and make it reality.”
order to succeed. “You have to be on your
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