Bisola Akinyemi has been dreaming of becoming an entrepreneur for quite some time now. Though he is happy and successful as an HR manager for a real estate and property management company, he would like to one day branch out and own his own third-party HR firm. In order to do that, he set out to learn what it takes to be a better business owner. He learned these 4 traits help to determine if you are a good business owner:
1. Raising Capital. While you are likely to need funds to start and manage your business, know that it almost always takes longer than you think, so you have to compensate for that.
2. Set Goals. One of the easiest ways to lose direction and steam is to not have set goals for your business. Keeping a list of goals helps you track progress and stay on course every day.
3. Learn From Mistakes. This is an important one. If you cannot learn from your past mistakes, you are doomed to repeat them. If you can learn, every failure just brings you one step closer to success.
4. Know the Customer. If you do not know who your customer is or what they want, you simply cannot be successful. Business is competitive, so you have to accommodate your customer better than the competition can.
Bisola Akinyemi has learned that there are a few distinguished traits that separate a good business owner from a poor one. With time, effort, and experience, Mr. Akinyemi hopes that he can grow his idea into the business he has always dreamed of.