Do You Have These 6 Personality Traits? You are more likely to score investors

The opinions expressed by Entrepreneurs contributors are their own.

There are more than 70,000 startups in the United States, in industries ranging from technology, biotech, direct-to-consumer, fintech, and more.

Although the US and global markets hold great potential for people with an entrepreneurial spirit, it takes a lot of resources to start a business. Even then, it often requires financial assistance from lenders or investors to continue.

I've seen many businesses come and go over the years, and in my experience, there are several qualities that identify an entrepreneur's likelihood of success.

Related: 5 Things Investors Want to Know Before Writing a Check

1. Persistence

Anyone can have a great idea or a solid business plan, but it takes persistence to take your business idea to the next level. Whether it's trying and failing in product development or sending dozens of emails to VCs, a persistent person will seize both good and bad experiences as learning opportunities.

The willingness to learn from mistakes and continually ask questions or seek information will propel the company into the future. Persistence demonstrates a can-do attitude that shows VCs and other investors that you're ready to do whatever it takes to cross the finish line.

Being able to not only describe past challenges you've faced, but also document and demonstrate your ability to grow, learn and improve as needed, shows investors a level of perseverance they need before moving forward.

2. Decisiveness

You may be a lone wolf when you embark on an entrepreneurial adventure and you need to be comfortable with decision-making. Your choices will determine the trajectory of your business and you must stick to your decisions. You won't always be right or make the right choice, but you have to be willing to commit to the process.

Your decisions to correct the problem then take on added importance, giving you another opportunity to confidently pursue another course of action. Decisiveness shows investors that you are ready to take charge, evolve when necessary, and make the tough choices necessary to overcome adversity and get things done effectively.

When investors knock on the door, it's important to demonstrate their ability to make the tough decisions and support those decisions, even or especially when those choices impact the direction of your team and business.

Related: Here's What's on the Minds of Startup Investors

3. Curiosity

As an entrepreneur, you can break out of the traditional leadership mold and follow your interests, passions, and plan. To do this, you must have a sense of curiosity that is not easily quenched.

A need to know or a desire to grow will prevent a business from becoming stale and disengaging from the world around it. Serious investors love to see entrepreneurs searching for answers to tough questions or exploring opportunities...

Do You Have These 6 Personality Traits? You are more likely to score investors

The opinions expressed by Entrepreneurs contributors are their own.

There are more than 70,000 startups in the United States, in industries ranging from technology, biotech, direct-to-consumer, fintech, and more.

Although the US and global markets hold great potential for people with an entrepreneurial spirit, it takes a lot of resources to start a business. Even then, it often requires financial assistance from lenders or investors to continue.

I've seen many businesses come and go over the years, and in my experience, there are several qualities that identify an entrepreneur's likelihood of success.

Related: 5 Things Investors Want to Know Before Writing a Check

1. Persistence

Anyone can have a great idea or a solid business plan, but it takes persistence to take your business idea to the next level. Whether it's trying and failing in product development or sending dozens of emails to VCs, a persistent person will seize both good and bad experiences as learning opportunities.

The willingness to learn from mistakes and continually ask questions or seek information will propel the company into the future. Persistence demonstrates a can-do attitude that shows VCs and other investors that you're ready to do whatever it takes to cross the finish line.

Being able to not only describe past challenges you've faced, but also document and demonstrate your ability to grow, learn and improve as needed, shows investors a level of perseverance they need before moving forward.

2. Decisiveness

You may be a lone wolf when you embark on an entrepreneurial adventure and you need to be comfortable with decision-making. Your choices will determine the trajectory of your business and you must stick to your decisions. You won't always be right or make the right choice, but you have to be willing to commit to the process.

Your decisions to correct the problem then take on added importance, giving you another opportunity to confidently pursue another course of action. Decisiveness shows investors that you are ready to take charge, evolve when necessary, and make the tough choices necessary to overcome adversity and get things done effectively.

When investors knock on the door, it's important to demonstrate their ability to make the tough decisions and support those decisions, even or especially when those choices impact the direction of your team and business.

Related: Here's What's on the Minds of Startup Investors

3. Curiosity

As an entrepreneur, you can break out of the traditional leadership mold and follow your interests, passions, and plan. To do this, you must have a sense of curiosity that is not easily quenched.

A need to know or a desire to grow will prevent a business from becoming stale and disengaging from the world around it. Serious investors love to see entrepreneurs searching for answers to tough questions or exploring opportunities...

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