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

36 replies
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.
#business #important #owner #skill
  • Profile picture of the author 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.
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    • Profile picture of the author theomegaformula
      Originally Posted by laurencewins View Post

      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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  • Profile picture of the author kviv23
    Leadership . Lead your own damn self to the highest quality possible !
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    • Profile picture of the author ClementChee
      Originally Posted by kviv23 View Post

      Leadership . Lead your own damn self to the highest quality possible !
      I would buy into this idea!
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  • 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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  • Profile picture of the author 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
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    • Profile picture of the author bizlinkx
      Originally Posted by Toby Couchman View Post

      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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  • Profile picture of the author johnsonblake
    Banned
    yes its true!!! the concentration on the things you do is very important or to focus on the business...
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  • Profile picture of the author lawefft
    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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  • Profile picture of the author hardraysnight
    modesty,competitors hate it
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  • Profile picture of the author blackhawkup
    Banned
    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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  • Profile picture of the author Sabiha
    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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  • Profile picture of the author Bizboy949
    The ability to be rejected but get right back up on your feet.
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    • Profile picture of the author Jacob Hargreave
      I would say determination. Without it, giving up is the only thing a person would succeed at.
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  • Profile picture of the author Ashanti Spiering
    The ability to think
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  • Profile picture of the author Affiguy
    I guess, ability to manage, both yourself and the team and the process.
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    • Profile picture of the author coachkat
      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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  • Profile picture of the author Debra Barrow
    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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  • Profile picture of the author horowitzz
    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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  • Profile picture of the author MelodyChristie
    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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    • Profile picture of the author geego
      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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  • Profile picture of the author skyjoe76
    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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  • Profile picture of the author scsheldon33
    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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  • Profile picture of the author positivethinking
    " 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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  • Profile picture of the author dorianjohn425
    Originally Posted by bizlinkx View Post

    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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  • Profile picture of the author Christine2011
    One should have the positive outlook
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  • Profile picture of the author Jason X
    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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  • Profile picture of the author hireava
    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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  • Profile picture of the author jamesscott
    Banned
    i would say, the first thing you must have is the Determination!!!
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  • Profile picture of the author joekyut
    I could say if your business can't Sell and sustain the sales then you can't make it
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  • Profile picture of the author stopper
    for a stock broker your gut feeling has to be spot on reading the trends and prediction
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  • Profile picture of the author FrankoDharia
    Knowledge.
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  • Profile picture of the author Michael Newman
    The ability to identify winning ideas.There are other skills that can be leveraged to turn the ideas into cash.
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    • Profile picture of the author Bobster0007
      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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  • Profile picture of the author Nathan2525
    Originally Posted by bizlinkx View Post

    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.
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