Ending Soon! Save 33% on All Access

5 Traits Making You a Great Entrepreneur But Maybe Not a Good Dinner Date You must be single-minded when it comes to your business. It will overshadow everything else. Just watch out for one key area.

By Robert Tuchman Edited by Dan Bova

Business owners are a unique breed -- and they have to be. If entrepreneurs don't keep their foot on the accelerator, they or anyone who works for them will not be going anywhere.

The traits required for being a successful entrepreneur all boil down to basically always knowing that he (or she) knows best in all circumstances. This works great in business, but entrepreneurs can't let it take over their outside life or push away potential partners and suppliers.

Here are some examples of how these traits might play out in your life:

Related: 50 Signs You Might Be an Entrepreneur

1. Exuding stratospheric self-confidence.

You don't think you're more competent than your more recent boss. You know you are -- or rather you thought you were prior to becoming an entrepreneur. This grandiose view of yourself sometimes causes friction with others. But it's actually a critical part of the entrepreneurial personality and it drives you to seek success.

2. Being restless.

Working in corporate America requires accepting a certain political, social and logistical structure. Often the only way to move to the next level is to take the job of a person already at that level. That's not going to happen unless that person moves up or someone in authority decides you're good enough to make the move.

Most entrepreneurs aren't content to let a structure determine their success. Entrepreneurs want to determine the structure.

3. Acting like a control freak.

You think you do things right and you must do things yourself. You have a difficult time letting others handle big projects. You're a roll-up-your-sleeves type of person who can white knuckle it until success is achieved.

Related: Can You Really Handle the Entrepreneurial Life? Check These 5 Signs.

4. Being an obsessive perfectionist.

You are all about the minutiae because you know that even the smallest details can have an impact. Maintaining close attention to the details is exhausting, but it also ensures that little, if anything, falls through the cracks.

5. Being relentless.

You spend every day trying to find ways to better and grow your business. In order for your business to fail, you will have to be scraped off your desk because you will, almost literally, die trying.

You must be single-minded when it comes to your business. It overshadows everything else. The trick lies in balancing this with your real life where such traits might not be quite so palatable. And that's also part of the journey.

To be a successful entrepreneur doesn't mean you have to be a dictator, though. Let somebody else pick the restaurant once in a while.

Related: 5 Secrets to Achieving and Maintaining Work-Life Balance

Robert Tuchman

Entrepreneur Staff

Host of How Success Happens

Robert Tuchman is the host of Entrepreneur's How Success Happens podcast and founder of Amaze Media Labs the largest business creating podcasts for companies and brands. He built and sold two Inc. 500 companies: TSE Sports and Entertainment and Goviva acquired by Creative Artists Agency (CAA).

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Here Are the Books on Bill Gates' Summer Reading List

The four books recommended by the Microsoft founder all "touch on the idea of service."

Management

Be a Coach, Not a Referee — How to be a Good Mentor and Manager from a Coaching Perspective

Good mentors are invested in improving the people who rely on them for guidance.

Marketing

Social Media Savvy CEOs Are the Ones Impressing Customers. Here's How to Make Yourself (and Your Brand) Memorable.

CEO impact goes beyond the boardroom. Learn how executive visibility affects your brand and why a strong leadership branding strategy is so critical to your bottom line.

Making a Change

Save Hundreds of Dollars and Learn up to 14 Languages with Daily 15-Minute Sessions on Babbel

Build expanded communication tools for international business ventures.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.