Why do so many ideas exist only in theory? The 7 Traits Of Successful Entrepreneurs



We all have passions and ideas. We are all creative in our own way. And we all come up with ideas, all of the time. We just don’t always act on them.  -Greyson MacLean (Inventor of BrickStix age 13)

Many of us have been in a conversation at one point in our lives when someone shares their idea for what they think would make a great invention. I have personally been an enthusiastic ear to a number of these conversations; great ideas that never graduate past the point of group discussion.

So why is that? Why do so many of these ideas exist only in theory?

Guy Kawasaki (Entrepreneur and CEO of Garage Technology Ventures) believes that the reason why more of our dreams don’t come to fruition is because “ideas are easy, implementation is hard.” In other words, talking about inventing something is fun, working towards making that invention a reality…not quite as fun.

And that’s not to say that people who don’t invent things are not hard working. It just means that it takes a different kind of hard work to get a product from the idea stage to the store shelf.

Author and work-life trainer Joe Robinson has compiled a list of The 7 Traits Of Successful Entrepreneurs.  If you have an idea for something that you would like to create then I encourage you to take a look.  Which of these traits do you possess and which ones could use some work?

Team BrickStix never forgets to remind their customers that their product was dreamt up by a kid.  Proof that it doesn’t matter who you are or where you come from, every idea has a chance to succeed.

Never be afraid to try something new.  Remember, amateurs built the ark; professionals built the Titanic. -Unknown

7 Traits Of Successful Entrepreneurs

  • Tenacity.  Be Persistent!  You have a long road ahead of you and you need to be prepared for a lot of ups and downs.
  • Passion.  If you love what you’re doing it will help push you through the difficult times.
  • Tolerance of ambiguity.  You must be able withstand the fear of potential failure.
  • Vision.  Find a need in the marketplace and fill that need.
  • Self-belief.  You need to be confident that your product is something that the world needs and that you are capable of delivering it.
  • Flexibility.  You must be able to adapt to changing markets and customer needs.  Your product or service may look very different after some time in the marketplace.
  • Rule-breaking.  Entrepreneurs do things their own way.  Figure out what works for you!

Sarah McDermott, Owner of Less Talk. More Do.



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