Each and every small business is different and they have their own style. But a business research study created by Guardian Life has shown that there are some fixed, certain traits that can help a business be successful. Guardian has studied a lot and took around thousands of employees as a sample from more than 1000 small businesses. Guardian found that, those businesses don’t just follow the conventional way and the employees ask their bosses for what to do next. They generally consider the matters with details and have their own decision making skills and power as well. So, the small business turns into the passion of all the employees and the owner.
Now, let’s take a look on 5 key traits that the owner of the small business should have to become a successful owner. All successful business owners should have these 5 personality traits.
1. Be Collaborative and Helpful
A small business owner would be very focused on each and every details. Guardian has showed that a collaborative and a helpful business manager can change the whole business and revenue structure. So, collaboration is an important trait for an owner. Guardian study also showed that it would be a game changer for a business when a business has less than 100 employees and the owner is very much collaborative.
“The owner should be know how to assign the employees into work with more efficiency; this is what an efficient boss does,” said Issa Asad, Florida-based entrepreneur and CEO. Mr. Asad is the CEO of three companies in South Florida, including Q Link Wireless, Bond Media, and Quadrant Holdings.
2. Have Curiosity
This is one of the rarest traits we notice that an owner has. But Guardian study has shown that this simple trait can be the cause of the improvement of the whole business. An owner shouldn’t stop asking questions. He will have to search the secrets of already successful small businesses. He has to ask the employees for advice on how to become more successful.
3. Be Future Focused
Whatever an owner does, he always has to keep in mind about the future. All of his plans, integrity, vision are all about the future. So, he shouldn’t take such decisions that affect the business’s future. An ideal business owner should make all his plans and cash flow according to the future thought of company.
4. Have Self Confidence
The owner should be self confidence in his decisions and his destiny. Corporate positions are always very hard and complex to handle. But he needs to have that confidence. And he has to make his decisions with his own choice effectively
5. Be a Technology-Savvy Person
The owner should be very knowledgeable about technology. He has to accept the new instead of the old hectic way. He should know that a simple email can convince thousands of consumers, a simple template can attract millions of fans. The savvy usage of technology can easily gear up the revenue of small business.
