You Won't Succeed as an Entrepreneur Without These 3 Traits

Key Takeaways

Entrepreneurship is defined by a specific set of internal qualities, not by external factors like a diploma or a business plan.

Without these core traits — which include the ability to live with uncertainty, persistence and a sense of ownership — long-term success is unlikely.

Being an entrepreneur is not a profession — it’s a state of mind. It’s not about a diploma, a business plan or even startup capital. What truly makes a person an entrepreneur is a specific set of internal qualities, without which it’s nearly impossible to survive in this mode for long.

In my view, there are three key traits without which a person simply won’t last on this path.

1. The ability to live with uncertainty

The first — and perhaps the most obvious — is the ability to function and feel