3 Entrepreneurial Strengths That Can Also Be Weaknesses

3 Entrepreneurial Strengths That Can Also Be Weaknesses

Many of the qualities responsible for getting us where we are today can also hold us back. Watch out for these three double-edged traits:

Willingness to persevere despite obstacles has created many great innovations and is often the foundation for successful start-ups. However, persistence can easily turn to stubbornness. Stick with your ideas when you know you are right and have supporting evidence. Be willing to abandon your position when signs show you need help or redirection.

Early phases of company growth require the founder be involved in all operations. But as the company scales, that maniacal attention to detail can be counterproductive. Recognize the importance of delegation and let go when it’s time.

Close ties inevitably form when people work together day in and out, and loyal relationships can yield great results. However, you need to know when loyalty is clouding your judgment in assessing capabilities and skill gaps.
Today’s Management Tip was adapted from “Why Do Most Entrepreneurs Fail to Scale?” by Anthony Tjan.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: