{"id":39960,"date":"2021-12-20T10:12:16","date_gmt":"2021-12-20T15:12:16","guid":{"rendered":"https:\/\/www.arffinancial.com\/development\/?p=39960"},"modified":"2022-01-21T13:58:05","modified_gmt":"2022-01-21T18:58:05","slug":"what-makes-a-great-business-owner","status":"publish","type":"post","link":"https:\/\/www.arffinancial.com\/development\/what-makes-a-great-business-owner\/","title":{"rendered":"What Makes a Great Business Owner?"},"content":{"rendered":"

\"What<\/p>\n

Sometimes, owning a business isn\u2019t just about having the entrepreneurial or business school skills required to keep the trains moving. Being a small business owner also requires a slew of character traits that come together to result in a successful endeavor. Today, we wanted to run through some of the personality \u201ctypes\u201d that make up a great small business owner. Let\u2019s get started!<\/p>\n

Drive<\/strong><\/p>\n

Athletes and entrepreneurs have something in common, and that\u2019s drive. It\u2019s tough to start a business, and definitely not for the faint of heart. You\u2019ve got to have the willpower, determination, and bravery needed to start something from the ground up. You\u2019ve got to be relentless in your pursuit of great financial backers, allies, partners, and employees. And you\u2019ve got to be tough enough to handle the rejections and adversity you might face when starting a business from scratch.<\/p>\n

Confidence<\/strong><\/p>\n

Great ideas can\u2019t take a foothold if there is no confidence backing them up. Powerful business owners not only have the energy to pursue their dreams, they\u2019ve got the confidence too. And confidence is contagious\u2014once prospective business partners see how much you believe in your business pitch, they\u2019re more likely to believe in it too. The most successful salesmen are the ones who know<\/em> they have a breakthrough product.<\/p>\n

Fiscal Responsibility<\/strong><\/p>\n

A smart small business owner also knows the importance of owning a budget and sticking to it. It\u2019s easy to let all the bells and whistles of starting a business quickly take your budget from manageable to monstrous. Understanding where to cut corners and where not to is key\u2014as is being realistic. If there\u2019s a must-have item that will pay itself off in the long-term but requires immediate cash, business owners also know they can turn to a responsible financial partner<\/a> to help bridge the gap.<\/p>\n

Independence<\/strong><\/p>\n

Starting and maintaining a business can be a lonely endeavor, to be sure. Great business owners have a certain degree of self-reliance that allows them to forge ahead without the input of others. There will always be times when the folks you were looking to for advice aren\u2019t available, and it\u2019s important not to get stuck when there are roadblocks.<\/p>\n

Curiosity<\/strong><\/p>\n

No, you don\u2019t always have the right answer. This can be a tough pill to swallow for some, but it\u2019s an important lesson that business owners need to realize. Being open to other peoples\u2019 opinions and insights is key to creating and sustaining a successful company. Ask questions, seek out expert advice, and never be too proud to admit that what someone else is doing might be a great solution for your business.<\/p>\n

The Financial Pantry<\/a>, ARF Financial\u2019s marketing and financial blog, is a great resource for small business owners. We have articles offering advice on everything from the today\u2019s top industry trends to what\u2019s happening in the financial industry. Browse through our resources<\/a>, plus take a read through our white papers<\/a> and case studies for even more information on loan products to help your business thrive.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sometimes, owning a business isn\u2019t just about having the entrepreneurial…<\/p>\n","protected":false},"author":5,"featured_media":39961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[128,698],"tags":[398,402,386,535,220,213,836,818,401,224,222,172,819,311,226,899],"class_list":{"0":"post-39960","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-day-to-day-business-operations","8":"category-small-business-financing","9":"tag-affordable-business-loans","10":"tag-affordable-small-business-growth","11":"tag-business-loans","12":"tag-equipment-leasing","13":"tag-flex-pay-loans","14":"tag-line-of-credit","15":"tag-small-business","16":"tag-small-business-business-loans","17":"tag-small-business-expansion","18":"tag-small-business-financing","19":"tag-small-business-funding","20":"tag-small-business-growth","21":"tag-small-business-leasing","22":"tag-small-business-line-of-credit","23":"tag-small-business-loans","24":"tag-what-makes-a-great-business-owner"},"acf":[],"yoast_head":"\nWhat Makes a Great Business Owner? - ARF Financial<\/title>\n<meta name=\"description\" content=\"What Makes a Great Business Owner? 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