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Traits of a Successful Startup Founder
By admin
August 3, 2021

Traits of a Successful Startup Founder

“Leadership consists not in degrees of technique but traits of character.”- Lewis H Lapham

Traits may vary across geographical areas and domains. It is an identifying characteristic, a habit, or a trend. Ideally, traits can be defined as distinguished qualities that identify unique aspects of a person or a company and differentiates them from others.

  • Gordon Allport, American Psychologist is the first modern trait theorist who proposed three types of traits as Cardinal traits, Central traits, and Secondary traits.
  • According to his theory, Cardinal traits shape one’s behavior. They are the ruling passions of an individual that are powerful; a single trait that makes them unique.
  • Central traits coin the general characteristics that serve as a strong foundation for behavior.
  • Secondary traits represent one’s preferences and attitudes. It’s unusual behavior that is prevalent only in certain situations.

In this context, we are referring to the Traits of the Cardinal type. They are responsible for building a strong corporate culture and result in exceptional startups.

Challenges are part of an entrepreneur’s life. The IBM reports on the Indian startup ecosystem (2018) indicates that about 90% of Indian startups fail within 5 years of initiation due to a lack of innovation.

When the majority of startups have failed, what might be the reason for the rest of the 10% of startups to survive? What is the secret of their survival? Let’s find out what is the unique factor that kept them on the track of Startup/Business.

  • Rishabh Lawania, the Head of Market Intelligence company stated that ‘The major reason behind the closing of 1503 startups in 2015 was not because of lack of funding but because of replication of Western business models.

You are the writer of your ‘Startup Story’. Traits are beyond money. They can help you to make money and fame for your business.

Character Traits that are the Key to Success:

Traits are a combination of unique qualities, like a brand that makes your company different from other companies.

To embark on successful entrepreneurship, go through this roadmap to excel your start-up entrepreneurship journey. Following are the must-have traits for an Indian startup business.

Character Traits that are the Key to Success:

In the business world, though the career of entrepreneurship consists of turbulence that might drive us down but having the willpower and positive attitude to rise against odds and try something different, sustaining and reinventing startup plans is a successful journey. Winning is all about believing!

‘Some people see the glass half full. Others see it half empty. I see a glass that’s twice as big as it needs to be’ – George Carlin

Is the glass half-full or half-empty? There are different perspectives to this approach. It is the character that enlightens the thinking of the person. Whether one perceives failures as Opportunities or stops with the failures is the decision of an individual.

Master your Startup life with the traits of a successful Startup Entrepreneur with Hyderabad Angels, the leading Indian Angel Investment Network.

Contact us for any queries at https://bit.ly/3i1hgTK

Traits of a Successful Startup Founder

Character Traits that are the Key to Success:

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