QBScott Indianapolis, INSource: BusinessBecause | Repost QBScott 2/25/2021 – 

Some of the largest Fortune 500 companies began as startups. The entrepreneurs behind Facebook, Amazon, Apple and more, have shown how launching a startup can change the world and bring huge personal rewards.

Amazon CEO Jeff Bezos and Google co-founder Sergey Brin are among the top 10 richest people in the world. Moreover, both entrepreneurs created companies that provide life-changing solutions for millions of people.

For any business leader, thinking like an entrepreneur—innovating, handling pressure, being flexible and open to change—is the key to career success.

BusinessBecause spoke to Allison Rohe, deputy director of IE Business School’s Venture Lab, the school’s startup incubator program, to find out the five skills every entrepreneur needs.

1. Empathy

Entrepreneurs need to be able to connect with people. Empathy—the ability to put yourself in another person’s shoes—is essential, as entrepreneurs have to identify with their company’s target market when trying to understand the problems their customers face.

A better understanding of the potential customer and their problems means entrepreneurs can provide more focused on specific solutions, making their ideas more desirable to more people.

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Author: Scott Meister, CPA

I help small businesses, accountants, bookkeepers, office managers, and business owners with their accounting needs. I’ve used QuickBooks since 2002 and train folks on how to use it efficiently. I create high-quality video training tutorials for QuickBooks and post them on QBScott.com.

Certifications include: Certified Public Accountant (CPA) | Certified Bookkeeper (CB) | Advanced Certified ProAdvisor for QuickBooks Desktop | Advanced Certified ProAdvisor for QuickBooks Online | Certified ProAdvisor for QuickBooks Enterprise | Certified ProAdvisor for QuickBooks Point Of Sale