What Is The Most Important Skill You Should Have As A Business Owner ?

13 years ago

ONE thing? That is a hard question.

Focus is definitely up there on the list.
Work-life balance is another.
Persistence, commitment, honesty, passion are also great attributes/skills.

I don't know if I could pick just one but they are all critical in my opinion.

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theomegaformula

13 years ago

Originally Posted by laurencewins

ONE thing? That is a hard question.

Focus is definitely up there on the list.
Work-life balance is another.
Persistence, commitment, honesty, passion are also great attributes/skills.

I don't know if I could pick just one but they are all critical in my opinion.

This guy... My twin?

Exactly what I was going to say. Stay focused, dedicated, and motivated. Treat people how you want to be treated. That's about it. Those are the keys to success.

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kviv23

13 years ago

Leadership

. Lead your own damn self to the highest quality possible !

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ClementChee 13 years ago

Originally Posted by kviv23

Leadership . Lead your own damn self to the highest quality possible !

I would buy into this idea!
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Ridwan Sugipranyoto

13 years ago

never give up and want to learn.
Most people are too quick to give up, and many people working hard but lazy to study the current business developments.
That's my opinion..

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Toby Couchman

13 years ago

Man one thing is sooo hard to pin point. There are so many skills

I would say sales & marketing. Is that two things? They're very closely linked though

Just always be learning and be open to new opportunities.

TC

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bizlinkx

13 years ago

Originally Posted by Toby Couchman

Man one thing is sooo hard to pin point. There are so many skills

I would say sales & marketing. Is that two things? They're very closely linked though

Just always be learning and be open to new opportunities.

TC

Your so right , there are more than just one skill we must master , but In my opinion the greatest thing I have gained in life and business is patience. It truly is a virtue.

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johnsonblake

Banned 13 years ago

yes its true!!! the concentration on the things you do is very important or to focus on the business...

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lawefft

13 years ago

the first step is the hard step, so be sure with your first step and keep movin forward, first step is most important and the next step will follow the step before

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hardraysnight

13 years ago

modesty,competitors hate it

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blackhawkup

Banned 13 years ago

an understanding of repetition:

repetition is what leads any business person to success.

if you suck at closing sells, study successful closing tactics from successful salesmen and women.. and constantly repeat them over and over until it is second nature to you.

if you want to be the best musician in the world it's the repetition of honing your craft that will lead you there.

if you want to brand your business..the repetition of successful ads will do that for you.

If you fail to value the power of repetition then you are most definitely wasting your time in business.

Because the only way to become great and master any skill in business is through repetition..repeatedly practicing sells will help you sell better etc,etc.

So to answer the ops question, a thorough understanding of repetition is where i would start.

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Sabiha

13 years ago

I would say 'good contacts' and PR. Contacts with the right people of your industry can really slash your struggle and bring you closer to success. However, you do need quality of work, honesty, customer trust, good reputation and so many other things to sustain you.

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Bizboy949

13 years ago

The ability to be rejected but get right back up on your feet.

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Jacob Hargreave 13 years ago

I would say determination. Without it, giving up is the only thing a person would succeed at.
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Ashanti Spiering

13 years ago

The ability to think

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Affiguy

13 years ago

I guess, ability to manage, both yourself and the team and the process.

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coachkat 13 years ago

Primarily: FOCUS
Secondarily: Decisiveness

Both attained by mastering time management (in writing) and self management (in daily journaling)

Simple...but not easy...
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Debra Barrow

13 years ago

Having vision, and staying one step ahead of the challenges that can affect your business....and being prepared to act on them.

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horowitzz

13 years ago

perseverance and passion..

you have to persevere to achieve your goal no matter what happen and have passion to what your doing 'coz if you don't surely you won't be able to give your best shot

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Enfusia 13 years ago

The ability to acquire currency!

Unless you're a non profit.

Patrick
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MelodyChristie

13 years ago

I think its about being Adaptable & Persevering - you need to be willing to quickly adapt to a changing environment and not get stuck to one particular way of doing things. If someone points out a flaw in something, don't dig your heels in or give up completely - rather, be willing to evaluate it objectively and adapt as necessary.

These are more "attributes" rather than "skills" but if I absolutely had to pick a skill - then it would be the ability to market/sell - whether its selling your idea to your investors, selling your product to your customers or selling an opportunity to your affiliates, its a skill that always comes in handy

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geego 13 years ago

I don't think that there is one most important skill as there are several qualities that a business owner must have if he is to run a successful business However, one of them is flexibility as he must be able to balance work with family and time for himself.
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skyjoe76

13 years ago

To me it must be FOCUS.

As entrepreneur we like to explore new stuffs. Chances are we'll come across interesting stuff or opportunities which we want to dabber with. That may cause us to lose focus on our initial direction. I'm a culprit of it many times.

Second is DISCIPLINE. We manage our time and we can do anything with that time. If we are not plowing on our business, we are not productive. But it's more of time for business, and time for fun. Got to manage that.

Lastly is the external skill, sales & marketing. No sales, no income; business can't survive.

Depending on the scale of the business, there will come a time where sales & marketing is not as important as leadership skill. When the business grows, the team expands, leadership skill takes on rank no. 1.

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scsheldon33

13 years ago

Yeah, I agree...There's a lot more of the skills needed.

For me, maybe in general is proper management which involves time, manpower, etc.

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positivethinking

13 years ago

" Success is going from failure to failure without losing enthusiasm. "
~ Winston Churchill quotes
I wrote my opinion and deleted it. And wrote again and deleted again since whatever I wrote wasn't enough. And I though of the Churchill's saying. I think his quote tells us what is the most important thing for business owner.

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dorianjohn425

13 years ago

Originally Posted by bizlinkx

I was working at home today and I felt sort of sluggish. I know that feeling. It's the feeling I get when I want to be lazy. I know that sometimes I can be a workaholic. I find it hard to stop. When I do
decide to take a day off. I always feel like there's something else I
could be doing thats work related.

The fun never ends,lol.

I know that we all need to take time off and relax. My grandfather spent hours talking to me about the importance of hard work, and family.

He also gave me his entreprenerial spirit, he ran two successful businesses.

Looking back at his life, I started to think, what is the most important skill
you should have as a business owner ?

While patience is and hardwork are the backbone on my business, this is the question I present to you.

What Is The Most Important Skill You Should Have As A Business Owner ?

Please Share Your Answers With Others.

For me, It's having a good PR (public relation). I'm not just that sure if this is applicable in the online business world.

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Christine2011

13 years ago

One should have the positive outlook

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Jason X

13 years ago

I think you need to determine the end result or outcome that you desire. Then you must create a plan of action. You must have Persistence to reach the outcome you desire and be willing to take the good with the bad!

A postive outlook on life and creating postive energy helps!

Also I would say; focus on what is at reach and build from there!

Jason

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hireava

13 years ago

I think that would be being eager to learn and not giving up easily. Having your own business is not just as easy as some see it. You have to love what you are doing and embrace the fact that there are challenges and failures that will come across the way which will help us to achieve our goals and succeed in whatever endeavor we want to have.

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jamesscott

Banned 13 years ago

i would say, the first thing you must have is the Determination!!!

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joekyut

13 years ago

I could say if your business can't Sell and sustain the sales then you can't make it

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stopper

13 years ago

for a stock broker your gut feeling has to be spot on reading the trends and prediction

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FrankoDharia

13 years ago

Knowledge.

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Michael Newman

13 years ago

The ability to identify winning ideas.There are other skills that can be leveraged to turn the ideas into cash.

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Bobster0007 13 years ago

I have not read every response. But my answer is People / Sales Skills. If you have this, you can make money in any business. Nothing happens until a sale is made.
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Nathan2525

13 years ago

Originally Posted by bizlinkx

I was working at home today and I felt sort of sluggish. I know that feeling. It's the feeling I get when I want to be lazy. I know that sometimes I can be a workaholic. I find it hard to stop. When I do
decide to take a day off. I always feel like there's something else I
could be doing thats work related.

The fun never ends,lol.

I know that we all need to take time off and relax. My grandfather spent hours talking to me about the importance of hard work, and family.

He also gave me his entreprenerial spirit, he ran two successful businesses.

Looking back at his life, I started to think, what is the most important skill
you should have as a business owner ?

While patience is and hardwork are the backbone on my business, this is the question I present to you.

What Is The Most Important Skill You Should Have As A Business Owner ?

Please Share Your Answers With Others.

Belief!

It should be like your religion. Un-movable, un-shakable and no matter what anybody says. That's just what you believe.

Thanks

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What Is The Most Important Skill You Should Have As A Business Owner ?

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