50 Things All Entrepreneurs Need

1. Patience.

2. Belief in transparency.

3. Thick skin.

4. Cash flow.

5. No fear.

6. Preparation for success.

7. Preparation for failure.

8. The next idea.

9. The desire to kill complacency dead. dead. dead.

10. Speed.

11. Love of people.

12. Love of conversation.

13. Love of workshifting.

14. Did I say cash flow?

15. Willingness to adapt.

16. Willingness to evolve.

17. Willingness to ask for help.

18. Willingness to say “I have no frickin’ idea…”

19. Willingness to listen.

20. Willingness to research. A lot.

21. Appreciation of others.

22. Appreciation of learning.

23. Love of reading.

24. Willingness to serve their competition.

25. Willingness to learn from their competition.

26. Ability to say they were wrong.

27. Friends.

28. And yes, enemies.

29. A business plan…

30. …that they are willing to change.

31. A marketing plan…

32. …that they are willing to change.

33. Hatred of meetings.

34. Hatred of conference calls.

35. Hatred of fine tuners (people who delay shipping).

36. Love of freedom. And no structure…

37. No set working hours. 9 to 5? What is that?

38. Love of networking (well, the right kind of networking…).

39. Always looking to improve the customer experience.

40. Always asking why.

41. Always looking to make improvements. Never settling.

42. Craves feedback.

43. Acts on feedback.

44. Keeps things simple…

45. …but keeps eyes open for new ways to grow and improve.

46. Good communication skills.

47. Good storyteller.

48. Willingness to refer clients/customers to a better solution.

49. More patience.

50. And yes, cash flow.

So…what did I miss? Are there any you agree…or disagree with?

[cartoon by @gapingvoid – as suggested by @StephanieALloyd]

  • Anonymous

    Great list Todd, thanks for keeping us on our toes…

    No sure you missed any :) – Dr. Rae for The Baum Group

  • Todd Schnick

    as always, appreciate your support. we keep each other on our toes… group effort!

  • Carol Flammer

    Good post Todd. Add caffeine and I think you have it covered. Well, maybe an office cat too.

  • Todd Schnick

    how in the heck did i miss caffeine? good Lord… i can do without the cat, but caffeine? jeez…

  • http://chasinggoodness.com Robyn

    Love this list and I think it applies to more than just entrepreneurs.

  • Todd Schnick

    yeah. you are right. as always.

  • http://www.leaddogselling.com Ray Charland

    Imagination without limits. Never say no too fast.

  • Todd Schnick

    oooooo, me likey “imagination”

    great addition!

  • http://twitter.com/FranchiseAnswer Bill Williams

    Todd, you forgot Cash Flow!

  • http://twitter.com/FranchiseAnswer Bill Williams

    Todd, did you mention Cash Flow? :-)

  • Todd Schnick

    see number 4!

  • Todd Schnick

    but thanks for checking!!

  • http://www.facebook.com/darcy.eikenberg Darcy Eikenberg

    I’d add passion–and maybe rest from time-to-time. Oh, and chocolate!!

  • Todd Schnick

    Thanks Darcy. How did I forget chocolate??