Here Are 6 Traits That Make Your Business Successful
Source: FG Trade / Getty
Risk tolerance
It might come as no surprise that entrepreneurs tend to have a higher risk tolerance than those who work for somebody else. A high risk tolerance specifically tends to be important in starting a business, more than it is later in one’s business. The entrepreneurial path is one of high risk/high reward. When someone chooses to leave the stability and predictability of a corporate or wage job, they do so not because entrepreneurship is certain to work out or because they have any sort of guarantee. They do it because, in spite of the major risks (like loss of all capital funds), they believe the potential reward is worth it. Going into starting your own business requires the understanding and acceptance of the associated risks.
