Here are some of the most powerful character traits and qualifications of a successful business owner.

You have passion and drive. Most small business owners are motivated to succeed; they want to see their businesses grow, from startup to an established business.

 

You have a product or service with a good market. Being a business owner comes with its ups and downs; you have to be confident that the product or service you will be selling can withstand the unpredictable market.

 

You have a plan. Having a good budget and a great team behind you are the most important components of a successful business. Take the time to set goals, so you can have clarity about where you are going and how you intend to get there.

 

You’re ready and willing to learn. Business success doesn’t occur without a few curve balls thrown your way. When you encounter challenges or make mistakes, use it as a learning opportunity to improve yourself and your business.

 

You have experience. If you have knowledge or experience in the field that your future business is in, you’re already one step ahead. You should feel confident that your background will serve the business well.

 

You’re good at time management. When running a successful business, it’s important to remain focused – as you will be handling a vast array of responsibilities throughout the course of the workday.

 

You understand the risks. With business there is a chance for great success – but there is also a chance of failure. If you are determined enough, you can learn to view failure as an opportunity to do better.

You can contact SeaComm’s experienced Member Business Loan Officer, Robert Barlow, to discuss how SeaComm can help your business succeed!

Cell Phone: 315-250-4771

Office: 315-764-0566 ext. 510 or 800-764-0566 ext. 510

Email: rbarlow@seacomm.org