Top Three to Money

http://www.entrepreneur.com/article/200730

In the article above it lists the top 25 traits of an Entrepreneur, and I am going to pick out the top 3 in my opinion that make an entrepreneur successful. Here are the top 5 traits, and I will go into depth on all traits.

1. Do what you enjoy

2. Manage Money Wisely

3. Build a top-notch business team

1. Do what you enjoy

It is very important, in any career, to follow what you love and enjoy. If one doesn't find what they are truly passionate about, they will never find themselves happy. With a long life to live with things other than a job remaining important in your life, going to something you don't like every day will only make someone's life worse. I also think working a job you aren't passionate about can only hurt how well you succeed in that position.

2. Manage Money Wisely

With minimal amounts of money it is extremely difficult to build a business. With many expenses such as money to promote and market your business, inventory (if applicable), taxes, machines & equipment in some cases, vendors, and most importantly a salary for oneself. When someone is in a proprietorship, the money in the business is basically equal to the owner’s bank account. Meaning if the business goes under, so does the owner. It is very important an Entrepreneur knows how to manage their income and expenses.

3. Build a Top-Notch Business Team

While an Entrepreneur may be self employed, I seriously think they will fall immediately without the right people around them. Very rarely can people create extremely successful businesses by themselves. Having a well equipped team around prevents accidents and bad decisions from happening. When building a team, make sure that they have the same passion and drive as you or else you will find your team useless. Keep in mind that a business partner may not just be someone on your side. A vendor or client also fits this aspects, because they too will help grow your business.