5 Entrepreneurial Qualities Every Business Person Needs

5 Entrepreneurial Qualities That Every Budding Business Person Must Possess

The journey of an entrepreneur is full of ups and downs.

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yatin298
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Business, as we know, is not everyone's cup of tea; it requires too much knowledge and patience to outnumber your contemporaries in the competitive market and to achieve success in your endeavor. That is why it's very crucial that you understand the several tactics and aspects of being an entrepreneur before taking the plunge. As because, the gains in business might be eye-catching, but when you have to incur losses, it takes away everything that you gained all throughout your entrepreneurial journey.

Here, we are going to discuss some characteristics of the budding entrepreneurs who are new in the business so as to throw some light on their necessary qualities. It is essential to possess these qualities when you aim higher in achieving success for your professional journey.

Be wise but not cunning- it is a well-known fact that the competition in any market is stiff and thus one needs to be very wise to sustain amidst such competitions but being wise and being cunning are completely two different things. To survive better and to achieve success, a marketer needs to be honest and wise in business dealing such as client handling, business litigations, mergers & acquisitions and other such factors which are important for the growth of the business. When you start being jealous of your contemporaries or start deceitful means to conquer anything, then you must realize that your downfall has begun.

Concentrate on your employees as much as your clients- it is a common trend that marketers do not focus on their employees as much as they do on their clients. But this mentality should be changed for good as we must remember that it is because of the employees that you get your clients. If your employees do not do their respective works on a serious note, then chances are high that you might miss out on your clients as well. So, for the ones who eye for greater achievements in their entrepreneurial journeys, must well be aware of the fact that employees are the key towards their success.

Take risks only according to your limit- a majority of people make a common mistake of taking risks which they cannot afford later on. And by taking risks, it involves financial security and client satisfaction. At times the marketers might not be able to fulfill the commitments that they made to their clients but anyway made it, then is the times they should realize that they are taking the risk for their own loss. When you can't fulfill your professional commitments, it leaves a deeper scar on your professional reputation. Moreover, in terms of taking loans or investing in something big you should be doing it only when you know that you can recover the losses if it occurs!

Keep a Broader Mindset- when people get stuck on the "I know all" attitude, then it becomes hard to achieve success, no matter what trade they are into. We must never keep our thought into a limited enclosure as that would always push us towards more losses than profits. We should be broad-minded regarding ideas and visions that would benefit our professional feat. An idea may come from anywhere; whether it is big or small doesn't matter, what matters is that how effective it is in making your business grow! And thus, a marketer must always be open to such ideas in every arena of life.

Have Patience- we all know that 'patience is the key' in everything that we do in this world. Sometimes, it may become very agonizing to deal with certain situations, and you might want to give up or indulge in unfair means, but when you show patience, it would gradually draw you towards success.

The closure

The journey of an entrepreneur is full of ups and downs where the profits and losses are infinite at times and sometimes limited as well. We need to be very sharp in our visions when we make up our mind to start a new venture in the form of entrepreneurship. The skills which we need to run a business might be old, but the tactics must be followed according to the ongoing trends of the market.

When you are entitled to newer ideas and developing strategies, chances are more that you will achieve success way better than those who are stuck on the age-old ideas in the name of tradition and culture. It doesn't mean these things are not important but the evolution and mixture of these two in running a business works wonder in delivering better results to the business person. The qualities that are mentioned above proves to be very beneficial in climbing the ladder of success in the journey of being an entrepreneur.

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8 Things You Need To Know About Selling On Redbubble

Everyone buys their stickers from Redbubble, but have you ever wanted to be the one making them?
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As someone who loves to fool around in Photoshop and Illustrator, I saw Redbubble as a chance to flex my skills as a graphic designer. The massive popularity of them provided me with an opportunity to make a little money on the side doing something I not only enjoyed but could do when the mood struck me. It seemed like a win-win, but there were a few things I wish I knew before I started making stickers.

1. Don't expect to be rolling in dough.

It took a month and maybe 10 different designs before I sold any of my stickers. I joined in October of 2017, and I have sold about 20 stickers.

2. Redbubble stickers are expensive for a reason.

At this point, I have sold about 20 stickers which may seem like a lot, until you find out how much I make per sticker. The artist sets how much they make after Redbubble’s share, so artists can set it as low as 0% profit (which means the sticker sells for $2.29).

3. Buying 10 and getting 50% off is great when you're the one buying the stickers...

...but it sucks when you’re the one selling them. I make an average of 20% per sticker, so when you buy my $2.75 sticker for $1.38, I only make 23¢.

4. Make things you would buy.

If there’s something you want to buy, but it doesn’t exist, make it. Keep in mind as well that if you wouldn't buy it, odds are that not too many other people would.

5. Try to offer variations.

You might make a design in blue and love it, but consider offering it in different colors. Someone might love the design but hate the color.

6. Make your designs as versatile as possible.

Redbubble is primarily known for its stickers, but your designs can be put on anything from a poster to a wall clock. Take advantage of that because more expensive items mean you make more for the same design when they sell.

7. Keywords are KEY.

You want your designs to be as visible as possible, so take advantage of all the tools they give you. Try to tag your design with anything that might relate to it; you want it to pop up in as many tags as possible.

8. Do your research.

If you are interested in making something, search one of the keywords and see how many results there are for it. Sometimes there is a need, and you can fill it.

I have enjoyed my time on Redbubble nonetheless, and I recommend it to anyone who likes to design or draw. It’s certainly not a good way to get rich quick, but I enjoy it. Every time someone purchases one of my stickers, I feel this rush of pride in knowing someone liked something that I designed. That's a big reason why I continue to put designs on Redbubble.



Cover Image Credit: Meagan McDowell

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Selling Yourself

Building relationships with the people around yourself is the key to sales.

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Hi, my name is Isaiah Gardner. Every day, I sell myself to other people.

I approach strangers on the streets and in establishments - bars, clubs, restaurants, malls, shopping centers, insurance agencies, anywhere you can think of - in the hopes of building a new relationship with them.

At this point, you're likely thinking that I'm in a line of work that is entirely separate from the one I'm thinking about, but in all honesty, both use the key component of sales. As a salesman, the top priority is to build rapport and a relationship between yourself and the person with whom you are interacting.

Being in sales is probably one of the most difficult, yet also the most enjoyable, occupations I've held. People inherently hate salesmen - when I stroll into an establishment with my suit and a sly grin, leather-bound notepad in hand, I immediately receive cold looks and narrowed eyes. Dressed head to toe in black, it's no wonder that my presence is ominous, but I don that outfit in the name of professionalism and utmost seriousness. Simply put, I mean business when I enter a room.

I'm one of two people to the receiver of the aforementioned sly grin: An agent of some party that they really don't want to have to interact with, either because I'm there on official business that they'd like to extract themselves from, meaning that they need to turn tail and get out of there as soon as possible. Or, a salesman, here to pitch them a product or service that they don't necessarily need, but which I'm going to pitch to them anyways in the hope that I can advertise myself and the commodity that I bear as one of necessity and utmost quality.

While my demeanor and outfit may be off-putting, my alarming presence is the first thing that I aim to dispel. Not only am I there to sell my product; I'm there to sell myself as a personable, charming, amicable partner with whom a business owner should wish to do business. The foundation of all relationship-building, regardless of the situation, is based upon building rapport and earning the trust of the person or people before you.

Think back to your days in preschool. You were guided there by your parents to an establishment filled with complete strangers, all of which struggled with advanced linguistic mechanics, had just learned the fundamentals of coloring within the lines, and had an attention span of maybe five minutes, provided they weren't staring intently into the relatively fuzzy image produced by a VHS tape displayed on a boxed screen before them.

And yet, somehow, you made friends with these strangers. How'd you do it? I'll bet it was through finding common interests, perhaps through miniature race cars, small constructive blocks, dolls of the plastic or cloth variety, or similar hobbies. Even today as an adult, essentially nothing has changed. In order to sell yourself to others, whether it's to make a sale, make new friends, connect with your new love interest, or to reach any sort of audience, you have to appeal to them in some way - identify what they like, see if you can match that up with something you like, and boom, there's your connection.

People can be very complex, but they can also be very simple. Everybody likes something, and if you come bearing something that they like - in my case, that's money, savings, and the newest promotions - it's rather easy to reach through to them. Connecting with others is a simple process in the sense that you only have to find common ground; the complexity arises as you work around their suspicions and resistance to something new. I'm not preaching anything groundbreaking, but if you stay tuned, I'll give you the tips and tricks needed to connect with literally anybody - yes, anybody, from your friends to business executives - and sell your personality and trust to them.

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