Business Helpsheets
Back to HelpsheetsThe 5 Key Qualities Needed to Succeed in Business
Why do some people succeed in business and others not and why are some exceptionally successful.
Some of it may be luck but there are common factors in successful business people that would seem to indicate otherwise.
It seems that great entrepreneurs have 5 key qualities that help them succeed in situations that others may fail...
- Desire to succeed: Not having an employee 9 to 5 mentality. They want to go that extra mile to succeed and will do whatever it takes.
- Positive mental attitude: Both towards themselves and their business. They see opportunities where others see obstacles, their cup is always half full and disappointments don't get them down. They look forwards, not backwards.
- Commitment to hard work: They're not afraid of hard work and the commitment needed to succeed.
- Patience: Rome wasn't built in a day and as well as being committed they have the patience to see the job through, taking it step by step.
- Persistence: Challenges and problems will reveal themselves along the pay but the successful entrepreneur will persist with their ideas and not give up or change direction.
How We Can Help You
We can assist you with all areas of business advice when starting up, not just accounting matters. If you have any concerns over starting up or queries, please talk to us.
INDUSTRY NEWS
AND BLOG
While the Government is currently paying 80% of workers’ salaries up to £2500 a month for some 8.4 million workers under its furlough scheme, it has made clear that it cannot continue to provide this unprecedented lev...
Running a business can be tricky at the best of times. With so much to do, organise and look over, sometimes it can feel like you are drowning in paperwork and to-do lists. As a small business, growth and expansion are e...
As the saying goes, “nothing’s as certain as death and taxes”. Whilst all of us in working life are guaranteed to be taxed, there are always changes to tax rates, thresholds and wages that affect businesses and tho...