Entrepreneurship requires a lot of skills, but if you have the drive and a great idea many of them can be picked up along the way. Some skills, though, need to be learned early or the lack of them could mean a swift end to your business.
Research is one of the most important skills an entrepreneur can have. You’re going to have to know your market, your competitors, and the challenges you can expect to face. You’ll have to research your prospective employees and customers to make sure they’re a good fit. Great research will help you solve most of the problems you’ll face in the early days of your small business. Focus, though, is equally important. It doesn’t come naturally to everybody, but achieving focus will help you to maximize your productivity. This is especially important for solo entrepreneurs, who are going to need every minute they can glean. Finally, you’ll have to be a great communicator. Whether you’re talking to investors and partners or customers and clients, you must be able to sell your idea and inspire confidence in those around you if you want your business to take off!
Read the full article here: 5 Skills That Are the Foundation of Entrepreneurial Success