Can I be a founder? Here are 3 qualities you need…
Truly, there is no limitation on who can be a founder. Instead, what I have learned over the years is that there are three qualities that the best founders have, regardless of their background. So if you have these three qualities or can cultivate them, or can be part of a team, we're where across all of you, you have these qualities in abundance, then you have the right foundation in place for embarking on your startup adventure. So let me go through these qualities one by one
At each step there will be decisions to be made with very little information and even less guarantee of actually getting good results. Some of them will be bet the farm type of decisions, especially in the early days. So if you're not comfortable with those decisions, you will not be able to move your startups forward. So what do you have to ask yourself? Can you make those kind of choices? And here is a secret all of us can but not all of us know it
When you are passionate about what you're doing, it rubs off on your team, your customers. They can see it in any future stakeholders, whether it is investors, VCs, potential acquirers of your business, they all get inspired by your passion and vision and they'll want to come along and be part of that journey
And the reason for that is precisely that I know that the idea will change. The startup will pivot in the journey. So what I look for is do these founders have the ability to execute quickly, try out many things without being dogmatic? That is a better predictor for future startup success than simply very clever idea
So, finally, in summary, these are the three traits that I have learned. And again, this is obviously my personal experience and point of view that these three trades are kind of critical. Regardless of what your background is, if you want to be a successful founder, you have to be fearless, have an appetite for risk. Number two is you have to have passion and conviction in what you're doing. Number three is an ability to execute and get things done
J.L. Beasley
@Her_Sisu · 4:51
I'm passionate and committed about retiring myself and using some of the proceeds to fund be my own angel investor for my hard work business and I'm committed to executing these tasks consistently every day to achieve the success and the amount of time frame that they say that I will and others have proven to achieve success
Hi Jail. Thank you for your reply. I am so glad that you found it useful and affirming to your own journey you're embarking on. And I wish you all the best. It is solely an adventure. There's a lot of fear whenever you start something like this, and there are ups and downs. So I hope you all the best in all the success. And most of all, I hope you enjoy enjoy the rate
Swell Team
@Swell · 0:15
