Entrepreneurs are those whom capable to identify problem and works on a solution for it either on profit or non-profitable basis. Entrepreneurs knew that in order to succeed with their undertaking and continuously be in in the industry they need poses certain essential traits. We researched and summarized five essential traits are often developed or cultivated by entrepreneurs to grow a profitable business.

1. 5 TRAITS MONEY MAKING ENTREPRENEURS POSE
Entrepreneurs are those whom capable to identify problem and works on a solution for it
either on profit or non-profitable basis. Entrepreneurs knew that in order to succeed
with their undertaking and continuously be in in the industry they need poses certain
essential traits. We researched and summarized five essential traits are often
developed or cultivated by entrepreneurs to grow a profitable business.
the fun way : PASSION
A widower and mother for 3 school going children earning in the range of $25, 000 per
month from selling plants. She started a nursery at her backyard for a particular plant
that she identified in demand for which neither her late husband nor she have any
knowledge of how to go about farming expect the experience of working in a farm
nearby for about $40 a day or even less on some days and managed their daily
expenses.

2. While still working at the farm upon her husband's departure, she continued her passion
for planting in her backyard by getting technical support from agricultural department
and research institutions. Despite being illiterate, she went on looking for assistance to
start a business of supplying the plants to retail nurseries and landscape sectors.
Today, she is most sought after expert to advise budding entrepreneurs on how start
organic farming and making a decent living of it. People who once did not believe her
work are asking her to help them. Her passion guided and energizes her to learn new
skills and change her life.
We tend to contemplate aspects like talent, luck and capital as necessity to be
successful while failing to include passion as the essential trait. Whether you’re in
business or we're considering to begin a business, it’s vital that we take after our
passion.
the tough one: VALUES
This important trait often been ignored by most entrepreneurs as they strive for survival
rather than sustainability and success. Try to take time to define your business values,
live and demonstrate with it, keep them afresh and observe how the company being
built by a unique platform.
Well you may ask what the values are and how to define them? Here we need to
amalgamate both culturally ethical with what your market needs. The market needs
continuous price advantage while your cost keeps moving north. Should your company
had defined innovation as one of value then you may able to withstand the ever
evaluating need otherwise business tend to find easy way out by cheating customers
putting your integrity at stake.
The main core values an entrepreneur should focus is integrity, persistence, discipline
and innovation.
the talent : GREAT TEAM
Successful teams have not developed by chance instead they work cooperatively,
sharing common goals as well as the resources to achieve them. In the book “The
Seven Habits of Highly Effective People” Stephen Covey pointed out that great leaders
give their team challenges and get them excited about them.
Surround yourself with the best people you can find, delegate authority, and don't interfere as long as
the policy you've decided upon is being carried out. – Ronald Reagan, 40th
President of USA

3. Entrepreneurs must help their team to develop confidence, believe their team and help
them win by:
i. Clarifying the role of each person in achieving the common purpose
ii. Appraise and reward the team as a whole
iii. Pay attention to conflicts when they arise.
Finally, all successful entrepreneurs get their team to execute business policies in a
good and ideal condition not by sitting in the comfort but stand and deliver for business
profitability.
the test : RESILIENT
Despite been lonely successful entrepreneurs are hard worker and risk takers who have
all gotten over one very significant hurdle: they are not afraid of failure since they have
very strong resilience. Resilient in my opinion is the ability return to a state of self-
assurance, self-confidence and ease no matter what curve balls are thrown on your way
of succeeding in your business.
People who are afraid of failing should not become entrepreneurs. They can't overcome
the psychological fears of making a mistake, and are afraid of losing money. They are
better off keeping their day job. Successful entrepreneurs, on the other hand, tap into
the positive power of failure. Dean Kamen, the creator of the Segway Human
Transporter, several successful biomedical device businesses, and holder of 440
patents, jokes that his biggest failure is “that I have too many to talk about.”
Sara Blakely, founder of Spanx, and world's youngest self-made female billionaire in
an interview to Entrepreneur magazine says “ I listen to motivational tapes and my
favorite is an early series by Wayne Dyer, How to Be a No-Limit Person. When I was
16, I saw my good friend get run over by a car and killed. Around the same time, my
parents separated, and my dad handed me that series, and said, 'I wish someone gave
this to me when I was your age instead of having to discover it when I was 40.' I
memorized all 10 tapes. It's my go-to gift for people I care about.”
The Golden Rule: TREAT OTHERS WITH RESPECT
Do right. Do your best. Treat others as you want to be treated.
Lou Holtz , American football coach and motivation speaker

4. You may not always be liked, but if you treat people with respect and honesty the
strength of your character will shine through even in the most difficult circumstances. It’s
pretty simple treat others as you would have them treat you. Clients will be difficult,
employees will come and go and your business career will go through peaks and
valleys. Do the right thing in life and in business and you’ll never have regrets.
There are 4 things every employee can do to increase sales and profits for the
business.
1. Treat every customer like a millionaire:
Just think of it this way. If you knew the next customer to come through your front door
was a millionaire, capable and ready to purchase your most expensive products and
services, at your highest markups, how would you treat them? Most of us would role out
the red carpet. Fall all over them with great service. Spare no effort to satisfy their ever
need and want.
Well first of all you do not know if that next customer through your door is going to be
millionaire. Millionaires for the most part do not look, dress, or sound different than
everyone else. And even if they are not a millionaire, people will buy more products and
services when they get treated like one.
2. The second thing every employee can do to increase sales and profits is get the
customer involved in the sale:
When I owned and operated a jewelry store we outsold all of our competition combined
by simply getting as many different pieces of jewelry on the customer as possible. When
women came into our store we strived together to try on a necklace, earrings, bracelets
(arm and ankle, rings, pins, etc. all at the same time. The old seller's rule- The more
products the customer views themselves as owning, the more they will buy. Possession
becomes ownership.
In our tire business we involved the customer by having them lift the tires we wanted to
sell them, not just look at them as our competition did. We outsold all of our tire
competition. Our furniture business was successful because we involved the customer
in the sale. No one ever walked into my mattress department that did not lie on at least
3 of our beds. Even while selling intangibles like extended warranties and service
contracts we involve the customer in the sale. Physically by doing them the math (the

5. cost savings they will receive or expenses they will insure) and mentally picturing the
problems they may encounter if they do not purchase the coverage.
3. The third thing every employee can do to increase sales and profits is always given
the customer choices of products and services to purchase. People always take the
easy way out and saying no to a request for them to buy is easier than saying yes. After
all, most people do not want to give up their money. And people like to shop around to
make sure they are getting the best deal. When you give the customers a choice of
products and services, it is no longer - "Will they buy from you or the competition, it is
what will they buy from you."
4. And the last (fourth) way every employee can increase sales and profits is simply
ASK FOR THE SALE.
It is estimated that over 90% of sales people never actively ask for the sale. Sure, they
show the products and tell about their services, but they never ask for the sale. They
never ask for the sale because they are afraid to the customer will say the one terrible
word that will cause them to feel rejected. The word "NO".
Hockey great Wayne Gretzky once said when asked why he shoots the puck so much,
"I miss 100% of the shots I do not take."
The easiest way to ask for the sale over and over again is constantly giving the
customers choices of different products and services that will solve his/her problems,
needs and wants.