What does it take to be a successful entrepreneur? By Roberto Tietzsch

Perseverance, commitment, and smart work practices are just half of the elements in the equation for entrepreneurial success. The remainder of the equation is completed by two  very clear and well-defined variables:

First, the vision of the individual, and second, the integrity that one has while conducting business.

In the business world, it is evident that there are plenty of contestants fighting for the ‘hanging fruit’, and some others fighting for achieving impossible dreams. Many of them have a more robust professional background, more experience or even more of both. Nevertheless, it is up to the elements that I just mentioned that will differentiate successful entrepreneurs from those who fall on their way to success.

Moreover and very importantly, one must not necessarily have a short or long-term goal, but an overall vision. This vision encompases what one wants to accomplish over his or her professional life.

As an example, the overall strategy of the richest man on the planet, Carlos Slim Helu, is to create an international conglomerate. He has been able to achieve his vision by strategizing and accomplishing short-term goals. Of course, to each entrepreneur these goals will vary. Slim Helu for example, has been able to capitalize on the telecommunications, consumable products, construction, and various other industries.

Finally, by being truthful with oneself, one will be able to conduct business the exact same way with partners and other stakeholders as one deals with his or her own life. As a result, anyone who meets this individual will know that his word is tantamount to integrity; therefore, leading to better business opportunities and success.

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