5 Key Characteristics of a Successful Entrepreneur

3.    Perseverance

Like the famous saying, ‘Rome was not built in a day’, entrepreneurs need to develop the perseverance to grow regardless of the failures they come across during their entrepreneurial journey. According to the research from Harvard, there is an 18 percent chance that a first-time entrepreneur will succeed. But, after failing once and learning lessons, the chances rose to 20 percent. It is clearly understood that, after each unsuccessful attempt, the chances to succeed increases enormously. Accepting the setbacks and still trying to start from scratch to achieve the business goals is what makes them stand apart.