If you're thinking about buying or starting a business – moving from the employed workforce to self-employment – take a look at our free Business Owner's Checklist.
The checklist features 10 common attributes our team tends to find in people who successfully build and run businesses.
Among these attributes are:
- ability to deal with uncertainty, including extreme highs and lows
- ideas person, with an eye to commercialisation and reality
- self-confidence, but not arrogance
- someone who can trust others.
Seek complementary skills
We find that one of the most important personal attributes of successful business owners is self-awareness, so be honest with yourself when using the checklist to assess your abilities and personal attributes.
If you don’t have all the attributes listed when first embarking on self-employment, we recommend you find a way to get them.
You could seek professional business advice and/or partner with people who can complement your skills and attributes.
Click the image to download the Business Owner's Checklist.
James Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.