When you’re choosing the entrepreneurial path, there’s nothing that can prepare you for the hard road ahead. Once you pick it, you can’t just talk the talk. You also have to walk the walk.
And more often than not, the skills and knowledge you’ll need to succeed in this world won’t be taught in the best high schools in Utah, New York, Tokyo, or London.
To put it simply, they aren’t taught in school. And yes, we’re talking soft skills. But what are soft skills? If you’ve never had a job in your life, there’s a huge chance you’ve never heard about soft skills.
But in fact, soft skills are way more important than any hard skills you may have. Hard skills are you being a master of Photoshop. Soft skills relate to how you work, how good you are at managing your time, or even talking with colleagues. Soft skills are what make you successful. And the reason why they’re more important than hard skills is that they will define how motivated you are and how you tackle obstacles.
But what are the soft skills that are common between the world’s most successful entrepreneurs? Let’s get started with the first part on the list.
Problem-solving is a vital skill that will propel you further in business and life.
Truth be told, every successful person in the world is a successful problem-solver. They know the problems other people have, and they know how to solve them.
And that makes them so valuable to the world. That’s why people are ready to pay their hard-earned cash. Amazon doesn’t have the best customer experience in the world, but it’s far more convenient, cheaper, and faster than its closest competitor. They know that, and they leverage it. That’s why they’re so successful.
They solve your problem in the fastest, most affordable way possible. Start thinking actively about your problems and seek a way to solve it yourself.
Time management is what will help you do twice as much work as anyone else in the same amount of time.
Entrepreneurship is a busy lifestyle. Ten, fifteen, eighteen-hour days are common, and there’s nothing you can do about it.
But while hustling is now more popular than ever, a question comes begging: are you hustling on the right things. Do you spend your time working on what truly matters, or do you just hustle for the sake of working hard?
Take a good look at how you’re spending your time and start managing it. There are plenty of tools online that can help you manage your time properly. Elon Musk, for example, has his whole week split into different time slots allocated between his numerous companies and his family. This allows him to manage some of the world’s most impactful businesses and have a personal life as well.
Communication is vital, especially if you’re working with people living in other cities or countries.
The entrepreneurial world has already become international. Business owners are spending days, even weeks every year in the air traveling between cities, countries, and even continents.
Moreover, businesses nowadays aren’t a bunch of people sitting in a big office space each in their own cubicle. Companies are employing people from throughout the world.
This means that the most successful entrepreneurs are masters of communication. They know how to vocalize their ideas and present them in a way their team members understand and become hooked on. So, ask yourself, can you communicate what you’re thinking clearly?
More often than not, great entrepreneurs are great communicators.
Discipline and work ethic is what will help you continue working even during challenging moments.
As we mentioned in the beginning, entrepreneurship is hard. It’s so hard that you have to be disciplined to wake up, put in the work, and remain focused for days, weeks, months and even years before you see any results.
And that’s the way it is. Overnight success stories are mostly just… well, stories. They may sound inspiring, but you have to put in the work. There’s no way around that.
If you think about it, all of the successful entrepreneurs today have spent years working without recognition, bettering themselves, and becoming masters of their craft. And you have to do that as well. It’s the price every entrepreneur has to pay in order to make it in business.
Make yourself comfortable in tough situations as it’s a must when you’re running your own business.
Yup, if this wasn’t already obvious by now, the best soft skill an entrepreneur can possess is to be comfortable when times get hard. Everyone can lead a company when the economy is booming, but few can do that same thing successfully when the calls stop, clients disappear, and things become uncertain.
While this is kind of obvious, most people don’t even consider it until it’s too late. And that isn’t good. The best way to get out of hard times successfully is to prepare yourself. After all, preparation is the key to success.
And that’s way more true than you can imagine.
And finally, you have to be very creative. In fact, more creative than anyone else.
During the startup stages of your business, you’ll have to get creative. There’s a very big chance you won’t be the next huge startup with millions of venture capitalist funding behind your back.
You’ll have to be scrappy and resourceful. And the best way to be both is to be the most creative company in your industry. Everyone can throw money at a problem until it disappears, but few can solve a problem in a creative way.
This will make you stand out from the competition, it will teach you how to deal with tough times without wasting money, and it will help you run a profitable and successful business.
When you’re building a business, soft skills are the thing that will help you thrive in every part of your entrepreneurial, from dealing with problems that are bound to arise on a daily basis, to growing a business that doesn’t run out of cash.