Top 10 Success or Failure Characteristics of Young Entrepreneurs

Topic: General, Quizzes, Self Exploration, Startups, Top 10|

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When determining if you have what it takes to become the next great startup student, it’s a good idea to check which characteristics you have. Heres the top 10 from both sides of the aisle.

Top 10 Killer Factors (the bad ones):

  1. Weak Personality
  2. The Loner Syndrome
  3. Cash Flow Troubles
  4. Lack of Marketing Strategies
  5. Lack of Control
  6. No Plan
  7. Associate with the Wrong Crowd
  8. Not Enough Financial Backing
  9. Underestimating your Competition
  10. Lack of Focus on your Core Idea

And now for the Top 10 Success Factors of young entrepreneurs:

  1. A Willingness to Succeed
  2. Self Confidence
  3. Understands the Competition
  4. Uses a Targeted Marketing Strategy
  5. Clear Idea for their next Startup
  6. Healthy Managerial Support
  7. Cooperates well with Others
  8. Well Structured in Life and Business
  9. Keeps Close Tabs on Finances
  10. The Business Plan

#10 is a biggie, and we’ll will discuss it in depth over the coming months with tips and strategies, templates, research, and everything else you’ll need when developing the plan for your startup.

If you possess a few (or many) of the Killer Characteristics (remember – those are the bad ones) don’t worry, you’re not alone! I just ask you to make a concise effort to move towards the characteristics of successful entrepreneurs.

Class dismissed, see you tomorrow!

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