Sky is the Limit for Entrepreneurs Who Have These 5 TraitsThe first thing an entrepreneur must keep in mind when he starts a business is give it a purpose.

ByAashika Jain

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Divyanshu Ganatra lost his eyesight to glaucoma at 19 thinks his blindness has nothing to do with what he does. He has been an entrepreneur since the last 19 years and runs two successful companies.

Here are the 5 aspects he thinks one needs to have in them that really drive a person's entrepreneurial spirit barring all limitations aside.

Ability To Take Risk

One is your ability to take risk. There is big difference between low risk and high risk and between gambling and medium risk. So always have the ability to take risk and pushing the bar each time.

To Learn From Your Experience and Make Course Corrections

Often that's where entrepreneurs fail. They are not agile, they are not mobile. They don't make quick course corrections. You are getting feedback, but sometimes you are not getting feedback working but you keep thinking rather than doing something different.

To Drive Businesses With Purpose and Not Profit

Profit is an outcome, purpose is what drives you. The first thing an entrepreneur must keep in mind when he starts a business is give it a purpose.

"When you do it for profit, all you think is if I cut corners, I can make 2 bucks. And I make 1 million products and I save two million bucks. Then you end up making bad products and bad service and that's a short-term business mindset. But, when we drive businesses with purpose, we think about how we can make the best product in the world.

Resilience

多少你能迅速反弹或把它啊ut in adversity. For me, a great example of resilience is Steve Jobs who was thrown out of his own company at the age of 30. But he bounces back and makes another company equally big, equally amazing and gets called back in his old company at the age of 52. I think that's phenomenal – to take two billion dollar companies from scratch. To look for opportunities in whichever situation you are in

Celebrate Your Failures As Much As You Celebrate Success

To build mastery and challenge in your business, Ganatra feels it's important to celebrate. How can I have engaged employees, an amazing workforce and an amazing culture and a whole team of passionate workers driving this organization is all about celebration.

Aashika Jain

Entrepreneur Staff

Former Associate Editor, Entrepreneur India

Journalist in the making since 2006! My fastest fingers have worked for India's business news channel CNBC-TV18, global news wire Thomson Reuters, the digital arm of India’s biggest newspaper The Economic Times and Entrepreneur India as the Digital Head.

Related Topics

领导

A Guide to Effective Crisis Leadership — Key Steps to Lead Your Team Through Turbulent Times

The essential strategies and skills required to be a successful crisis leader and guide your organization through difficult times.

Growing a Business

Want to Sound Smarter? This Stanford Professor's Simple 3-Point Technique Will Help

With a little structure, you can impress audiences with your ad-libbing all day.

Devices

Get This 4-in-1 USB-C Charger for Apple Devices for $19.99

Get this useful, lightweight charger for a great price (regularly $29).

Personal Finance

5 Entrepreneurial Mindset Principles That Empower Financial Literacy

Adopting the right mindset is key to financial literacy. Follow these five guiding principles to enhance your understanding of wealth creation and growth.

Technology

Survival Kit for Solopreneurs: 5 AI Tools to Maximize Productivity

The entrepreneurial journey is not a straightforward one. Rather it requires the founder to don multiple hats for marketing, sales, ideation, content curation, and raising funds. Solopreneurs of today are being molded to lead the businesses of tomorrow. And they do require some helping hands in the form of artificial intelligence.

News and Trends

Zeron Secures $500,000 In Seed Funding

The infusion of capital will be used towards fueling Zeron's ongoing research and development initiatives, advancing the frontiers of AI-powered cybersecurity, and expanding its global presence