The Grit Behind the Glory: Essential Traits of Successful Entrepreneurs
By Kraig Kleeman
Introduction
Becoming an entrepreneur isn’t just about having and running with a killer idea. It’s about spotting those little signs that scream, “Hey, you’re onto something big here!” Through the ups and downs of leading Bloomfilter, I’ve learned something about what makes an entrepreneur survive and thrive. Let me share some insider insights peppered with my journey and the lessons I picked up.
Resilience: The Entrepreneur’s Best Friend
Imagine this: you’re on your fifth coffee, it’s 2 AM, and you’ve just hit a significant roadblock. What do you do? If you’re anything like me, you roll up your sleeves and dive back in. Resilience isn’t just about bouncing back; it’s about seeing every failure as a plot twist in your success story. Remember, every big name, from Steve Jobs to Oprah, faced setbacks. It’s not the stumbling that defines us but how we get back up.
Talk the Talk, and Walk the Walk
Ever tried explaining your grand business idea and seen eyes glaze over? Yeah, me too. Learning to communicate your vision effectively is like finding the golden key to the city. Whether charming investors out of their socks or rallying your team when times are tough, how you talk about your dream can make all the difference, and it’s not just about what you say but how you say it. Be clear, be passionate, and, above all, be you.
Been There, Done That? Great!
There’s something comforting about knowing you’re not the first to tread a path, and having a history of navigating through business ventures, successful or otherwise, arms you with entrepreneurial street smarts. Think of it as your internal GPS, helping you avoid past potholes and guiding you to smoother roads ahead. My first venture? Let’s just say it was a learning curve steep enough to rival Everest. But each misstep taught me invaluable lessons that shaped my journey to where I am today.
Innovate or Stagnate
Here’s the deal: the world doesn’t need another me-too product. What it craves are fresh, bold ideas that solve real problems. That “aha” moment when you spot a gap in the market? That’s gold. Keeping your eyes peeled for what’s missing—and having the guts to fill that gap—is what sets true entrepreneurs apart. I once had an idea, so my friends thought I’d lost my marbles out there. Spoiler alert: it didn’t just work; it soared.
Counting Beans Like a Boss
Let’s not kid ourselves—business is as much about numbers as ideas. If the thought of spreadsheets makes your eyes cross, it’s time to level up your financial game. Understanding the ins and outs of your finances can mean the difference between red and black ink. It’s not just about keeping the lights on; it’s about strategic growth and profitability.
Passion: Your Entrepreneurial Fuel
Lastly, if there’s one thing I can’t stress enough, it’s this: love what you do. Passion is the secret sauce that keeps you going when the going gets tough. It’s infectious, it’s motivating, and it’s what makes your venture authentically yours. There were days when my only fuel was my passion for what I was building. And let me tell you, it’s a powerful thing.
All in All
Remember that entrepreneurship is not a one-size-fits-all hat. It’s about finding your unique path, learning from the bumps, and, most importantly, enjoying the ride. Keep an eye out for these signs, nurture them, and who knows? You might just be the next big thing everyone’s talking about. Cheers to your success!
About Erik Severinghaus
Erik Severinghaus is a highly successful entrepreneur, author, and mountaineer. If his accomplishments and aspirations were to draw inspiration from natural icons, he could be described as a fusion of Mark Zuckerberg’s visionary approach to business and Tony Stark’s electrifying approach to saving humanity. He possesses keen business acumen and a flair for captivating customers, investors, and marketing partners.
Erik’s entrepreneurial spirit is boundless, as evidenced by his track record of founding, operating and exiting multiple ventures that have created a combined $600M in value. Erik’s investment skills are striking. He was a founding investor in Hyde Park Angels which recently helped ShipBob achieve unicorn status. He raised $6M startup capital for his newest venture, Bloomfilter, which is growing by triple digits, quarter over quarter.
As an endurance athlete, Erik has conquered some of the world’s tallest peaks, including Mt. Everest in 2018. In his public appearances, Erik is quick to discuss that learning to navigate through the valleys in his business life is what has led him to properly navigate the victories.