15 Qualities of a Good Businessman
Why do you want to start your own business? Why do you want to be a businessman or businesswoman and not a worker? These are the questions you should ask yourself. The answers to these questions are your reasons. Which of these reasons you should remember often. Because being a businessman or businesswoman is not so easy. Because not everything will always go the way you want. You have to be psychologically ready for everything, at least. We will talk in detail about this and other topics in our post “15 qualities of a good businessman”.
Why does a person want to start his or her own business? Is it because of a childhood dream? Or is it because he or she wants to earn more? Working hours do not suit you? Or do you just not get along with your boss? There can be many reasons depending on the situation and the person. People are different – their thoughts, desires, expectations and so on. But everyone has the same desire. Live a good life.
The word “good” can be thought of differently by different people. In business life, “Good Businessman” is used in the same sense as “Successful Businessman”.
Perhaps one of the first questions that comes to mind for someone who wants to be a businessman will be – What qualities do I need to be a good businessman? To be a successful businessman, you need to have several qualities. The main qualities are: the willingness to learn how to be a good entrepreneur, a good business idea to suit your skills, to know where to start. Then you need to think about financial matters. These are the most important qualities for a starting point. Another qualities are listed in our post “15 qualities of a good businessman”.
But that’s not all. We have a long way to go and there are qualities that are important along the way. Let’s look at some of them in our post ” 15 Qualities of a Good Businessman”.
15 Qualities of a Good Businessman
1. Set your GOALS
First quality of 15 qualities of a good businessman is setting goals. You must understand the importance of setting goals. There are many benefits to setting a goal. People who don’t set goals have trouble concentrating on any task. Goals help us see where we are and where we want to go. Setting the right goal and reaching the goal that we have set can sometimes be a painful process. But you shouldn’t give up.
How do we set goals? To achieve your goals, you need to know how to set realistic and effective goals. This process begins with a careful assessment of yourself, then it takes a lot of hard work and willpower to achieve your goal. When setting goals, you cannot simply say “I Want”.
It is important to know what you want to achieve. Do not make quick decisions when setting a goal, just think a little. You should know what path to follow while setting a goal. Sometimes, you will need to go into an intense pace while reaching your goals. If you want your efforts not to be wasted, know what you want and why.
Now if you’ve set your long-term goals, break them down into smaller chunks. For example: Let’s say you want to do sports. If your goal is to exercise regularly for 1 year, you can divide this goal into 12 months into smaller parts.
The action plan is the roadmap you can follow that will get you to your goal. This will help you avoid missing any important steps.
Set measurable goals. Your goals must be measurable so that we can track our progress. For example, instead of saying “I will do sports every day”, it would be more correct to say “I will do sports for 2 hours a day”. In this way, you can determine how much progress you have made by setting a concrete goal for yourself. This quality is the most important one of 15 qualities of a good businessman.
2. Trust yourself
Second quality of 15 qualities of a good businessman is being confidence. It is almost impossible to achieve your goals without confidence. Remember this first. Nobody is perfect. Every person has certain points of insecurity. Even the most confident people necessarily have some weaknesses. At any point in our lives, we may encounter our missing aspects, the important thing is to jump over them and continue life. Frequently annoying moods may arise, this is natural. It is to think that these are not natural.
If you hate and belittle yourself, you will believe it after a while. William James says; If you are afraid of something, act as if you are not afraid at all, after a while you will get used to it and your fears will be overcome. If you think positively about yourself, you will believe it after a while.
Knowing how to say “no” is a factor that will increase your self-confidence. This may be difficult for you, but when you are a little stubborn about it, you will feel more valuable.
There are no perfect people and you are not perfect either. Avoid pretending to have a feature that you don’t have. Your goals are not perfect, but be achievable.
3. Educate yourself
We said earlier that one of the most important qualities to be a good businessman or businesswoman is to have a business idea that suits you. Third quality of 15 qualities of a good businessman is education. What is meant by a suitable business idea? Maybe you have any talent. This makes it easier to make choices. You can build a business based on your talent. Remember that everyone has talent. It’s just that you may not realize it yet.
One of the important points here is how much you love the job you choose. It will be one of the biggest mistakes you can make to start a business just to make more money. High income can make you happy for a while. How long can you continue a job you don’t like?
Once you have selected the industry you want, you need to learn the basics of the industry. It is very important to know the basics of your industry, but that doesn’t necessarily mean you have to get a master’s degree. Not attending postgraduate education can be an obstacle for many prospective employees. Enrolling in courses related to your job shows that you are constantly committed to learning new things and stand out on your resume.
Studying in business makes sense for any business person, but before graduating, you should research the sectors you are interested in. The advice you receive from people who are successful in their field can enlighten you on many issues. Follow speeches at universities where you live or industry-related events taking place in your city. Even if you think you are at your best in your job.
4. Be Flexible at work
These questions come to mind when we see this headline: What does it mean to be flexible at work? Why should we be flexible? How will this benefit us? How can I be flexible? You can find the answers to all these questions by reading our article 15 qualities of a good businessman.
Let’s start with the first question. Flexibility is the ability to quickly and calmly adjust to a short-term change so that you can deal with unexpected problems or tasks effectively. Why should we be flexible? When you are flexible, you can deal with unexpected problems quickly, calmly and efficiently. Being flexible is not just a method we use to find a way out of a difficult situation. Being flexible also means a change in the way we think and behave.
How we can be flexible? Be open-minded. If you look at a situation from different perspectives, you will most likely find it easier to understand and manage the situation. Every quality of 15 qualities of a good businessman is important such as flexibility.
5. Always be highly motivated
In its simplest definition, motivation refers to the determination and willingness of a person in his / her actions and to act in line with a goal with the power he / she has taken from himself or from outside in order to perform a certain action or job. In other words, motivation is an important force that affects our behavior; it moves us towards a specific goal or purpose and encourages us to work. This is a factor that increases the chances of success. In short, motivation is required to achieve goals and achieve desired results, even psychological health. And it is the main quality of 15 qualities of a good businessman or businesswoman.
When talking about ways to increase motivation, it can be divided into two parts: internal and external factors. Internal factors refer to the willingness of a person on his own without any external power. According to this, the person is motivated and takes action, for example, by wants or needs such as achieving his goal. Taking pleasure in this kind of intrinsic motivation is important to a person: he enjoys performing an action or behavior. In general, it is very difficult to achieve intrinsic motivation and can require great effort.
Among the external motivators, rewarding (money, gifts, etc.) is one of the most well-known. However, recent studies reveal that positive feedback is more motivating than rewards. Accordingly, for example, after successfully completing a task, it seems to be quite effective to say positive things to the person about it and to indicate that their behavior or performance is good. In other words, being told by an evaluator that one’s efforts have yielded positive results stands out as an important factor in increasing motivation.
How can we increase our motivation?
The importance of setting a goal in motivation cannot be denied. However, for the objectives to be truly effective, it is important to pay attention to certain criteria. For example, the fact that the person sets the goals himself, and that there is no pressure from others in this regard, and that he has realistic and achievable goals can be counted among these.
It is very difficult for a person who has no expectations to feel willing to do something. For this reason, it is important to set some expectations for ourselves and pay attention to their positive. Every quality of 15 qualities of a good businessman is important such as motivation.
6. Stop procrastinating
Avoiding the parts of your job that you don’t like doesn’t make them take care of themselves. After making the parts you like, collecting the parts you do not like and trying to do it in a moment leaves a bitter taste in your mouth when you reach the end of the project. We know that procrastination is not the best option, but we postpone it anyway.
Everything starts with the first step! Starting a project, starting a regime, writing a thesis, cleaning the house, starting sports, looking for a new job or starting to pursue dreams. If that first step could be taken, the continuation might come like a sock rip off, but it is very difficult to take that first step.
How can we stop procrastinating? How do we get around this?
Progress is progress. If you advance with the speed of the ant, the main thing is to be able to get closer to your goal. Pick the smallest part of the job and you’re done. Even a small step indicates that you are approaching the finish, you feel better and your belief that the job will be completed increases.
You don’t have to love the job to get started, but you have to start to finish! Chopping it into small pieces to get the job done on time ensures that the right steps are taken to achieve the goal. When breaking down the work to be done, being honest with yourself about how much work you can get through in how long will allow you to manage your time better.
Don’t try to be perfect. Do not set your expectations about yourself, others and the situation too high.
Every quality of 15 qualities of a good businessman is important such as self-discipline. Self-discipline is the ability to control yourself and put forth a behavior you want, such as hard work, without others telling you what to do. When you set a goal for yourself, you can only achieve it through discipline and hard work. One of the common features of all successful people is self-discipline. Whether in private or business life, self-discipline is a very basic concept. You must be able to keep your thoughts, emotions, behaviors and habits in check.
For example, Aristotle says:
“Good habits acquired at a young age directly affect a person’s future.”
As the words of some genius person can tell people about the important of self-discipline:
“If self-discipline exists everything is possible ” (Theodore Roosevelt)
“The bridge between goal and achievement is called self-discipline.” (Jim Rohn)
“Self-confidence is based on education and self-discipline.” (Robert Kiyosaki)
How to gain self-discipline? Removing distracting and distracting things from your environment and having a more minimal work environment is one of the basic conditions for gaining self-discipline.
Developing self-discipline requires getting out of the normal routine, the comfort circle, and encountering things that are uncomfortable and awkward. Quitting a bad habit and switching to a new one can give you the thought that something is wrong. Your brain may resist changing from the usual one. The solution is to own what you feel is wrong. Switching to new habits may take some time. Every quality of 15 qualities of a good businessman is important such as self-discipline.
8. Be determined
One of the first things that comes to mind is determination when talking about 15 qualities of a good businessman. Every quality of 15 qualities of a good businessman is important. Great leaders are determined. They make tough decisions and have the confidence to get the job done. But the rest of us often grapple with indecision. So what are the things that set our determined colleagues apart from us? Nothing much, actually. According to the research, there are things that everyone is not sure of when trying to decide something; pessimism and lack of control are also indicators of these. There is no escape from this.
But determined people don’t let these negative feelings pull them back. Once they make a decision, they start taking steps to implement it, they feel confident, they think they have this skill, and they don’t let go of control. The good news is that we can all train our brains to think this way. We just need to be willing to make tough decisions.
9. Take time to your development outside of working hours
Every quality of 15 qualities of a good businessman is important. You have to do your best to be successful in business. Make an effort to improve yourself during off-hours. Do not settle for what you have earned. Always think about what more can I do.
Many employers now look at the skills of candidates before their GPA or master’s degree. Search sample resumes for the position you want and try to gain the necessary skills in your own free time.
Of course, performing above your capacity should not prevent what is happening in your life. Creating time to reward yourself for working hard will help you get better habits for your future.
Engaging with a professional whose career you appreciate will enable you to expand your network more effectively. It can be difficult to establish a relationship, but use all the means you have to reach that person. Prepare the questions you will ask in your interview. For example; “How did you start this business?”, “Have you been trained for this job?” or “Was it your first experience in this industry?” .
10. You should know when to focus
One of the first things that comes to mind is focusing when talking about 15 qualities of a good businessman.
The more focused a company is on what it does, the more likely it is to be successful. Focus is not only about the correct positioning of the brand in the mind of the consumer, but also a strategic issue. Focusing means owning a narrow enough space, rejecting other possible business areas. In order to be successful in an unpredictable world, it is necessary to keep the strategy development process alive. You should know when to focus.
11. You need to control your finances
We talked about the importance of finance at the beginning of our article 15 qualities of a good businessman. Understanding the finances of your business and knowing how to manage it is a skill that every entrepreneur should acquire.
Of course, you can always hire an accountant to help you with your financial matters, but you are still responsible for making financial decisions in your business.
If you don’t control your finances, you can lose everything. Keep track of how much you earn and how much you spend. If you are not careful, you may encounter an unpleasant surprise.
12. Be a good leader
A leader or leadership is a person who benefits a society or organization, manages change, and can direct those around him towards the ideal and the goal. Being a good leader includes many features. Although some believe that being a leader, having a leadership spirit is an innate feature, it is actually possible to be a good leader, especially if it is a few that can be developed and earned. Among the most important leadership qualities, many features such as effective communication and taking responsibility can be counted.
A good leader should make an impression and inspire. A good and strong leader stands firmly behind what he wants to do and what he does. Technology is renewing and developing itself day by day. Following technological developments and keeping up with them is a feature sought in today’s leaders. A good leader is a person who can manage his team or team well and manage them at the same time. This quality is one of the most important quality of 15 qualities of a good businessman.
A strong leader does not hesitate to take responsibility. On the contrary, he thinks that he can improve himself by taking responsibility. The more fair the leader acts, the more his team continues to work to ensure this justice. The more honest a leader is, the more honest his team will be. This quality is one of the most important quality of 15 qualities of a good businessman.
13. You have to be able to take risks
Being a businessman is a kind of risk taking. Because you have no idea whether your business will fail or not.
We have to be brave in making decisions in various parts of our lives. We must take firm steps. Taking risks often leads to success. But risk can also push us to failure. It is difficult to develop a business without taking some risks. A good businessman is ready to take risks only after careful research and analysis. A smart businessman knows what he is starting and carefully considers all the pros and cons before starting a business decision.
So taking a risk doesn’t mean you have to enter into every trade deal you face or invest your money in things you don’t understand.
14. Forget about perfection
Between 15 qualities of a good businessman this is the strangest quality. The more meaningful your work is for you, the harder it is, but it may be good for you. You know what they say, the good is the enemy of the perfect. When you try to get the most perfect, most ideal form of the picture or copy in your hand, you need ten of them and you will have the most wonderful form of a piece in your hand.
Trying to be perfect can mean a lot. A to-do list that keeps spinning in your mind, the desire to complete the items on the list, but the inability to start, the right time to start is not coming, the inability to finish without starting, the constant extending of the to-do list unless you can finish it, this constantly turning list disturbs you.
What can we do to get rid of this and live a simpler life? Step First, Edit Later. Don’t get drowned in the details. Do It Now. Set Delivery Date.
15. Find a balance between work and fun
The last quality of 15 qualities of a good businessman is to be able to balance. Establishing a healthy work life balance is important for long-term success and employee well-being. But as expected, getting more ambition means more work when you’re on the road. Your passion for your job will make your work meaningful by adding your day to night.
Continuous work without taking time for yourself will cause you to stress more and decrease your productivity. Set limits on the days you work and take frequent breaks to recharge.
Do not interfere with yourself. Even if it’s the purpose of our lives, getting away from our job helps us better understand what we’re doing well and what we’re not doing.
When you dedicate yourself to making a dream come true, your passion will be the force that lifts you up when you’re not feeling well. Being passionate doesn’t mean having fun 24/7, but it still has to mean something to you.
In this post, we talked about the 15 qualities of a good businessman in our opinion. In your opinion, this list may be different. Or it may be different for different business sectors.
Our ” 15 qualities of a good businessman” post ends here.
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