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What kind of small business owner are you? - Blog

What kind of small business owner are you?

Entrepreneurs who run various small businesses often display similar traits: they tend to have dynamic personalities, possess the ability to lead, are driven and have a go-getter attitude. It’s these characteristics that set them apart from other business people and enable them to build and run successful businesses. Different small businesses will have different business owners though, most of which fall into certain distinct categories.

Entrepreneurs who run various small businesses often display similar traits: they tend to have dynamic personalities, possess the ability to lead, are driven and have a go-getter attitude. It’s these characteristics that set them apart from other business people and enable them to build and run successful businesses. Different small businesses will have different business owners though, most of which fall into certain distinct categories. Read on to find out what kind of small business leader you are.

The Visionary

This is the small business owner who saw an opportunity and decided to seize it. He identified a gap in the market and knew he had a great idea that could be used to fill it. This kind of small business owner is one who has the ability to be forward-thinking and to spot something that has the potential to be developed into amazing. “The Visionary” is usually someone with great business acumen and the kind of business leader who has a vision and does everything he can to bring it to life.

All Heart

You will find that some small business owners run their own businesses for one reason and one reason alone: they are only interested in doing what they truly love and sharing that with others. Their drive is fuelled by their fiery passion and in most cases, it pays off when they end up running very successful businesses. In some cases though, when the heart rules over the head, it can lead to some bumps in the road, but these are overcome with sheer passion and dedication.

I-am-my-own-boss

Very often those who venture into the world of entrepreneurship are people who reached a breaking point in their professional lives and who made the decision to go out on their own. They made an active decision to be their own boss and to rather lead, than to be led. The “I-am-my-own-boss” small business owner is often a strong-willed individual, with impressive leadership skills and a very strong work ethic. They have solid business ideas and even though they work well in a team, they were born to lead.

Freedom Chasers

This kind of small business owner is the one who seeks more flexible working hours and who would like more control over his schedule. These are self-motivated individuals who want to do something they love and believe in, but without being bound by the usual working hours and restrictions that invariably accompany a nine to five job. Parents of young children very often choose this route as it allows them to be able to manage their schedules in a way that enables them to work around their parental duties, while still doing what they love.

It’s all about the confidence

Some people were just born to start and run their own businesses, and it’s more often than not that such people exude one thing above all else: confidence. They not only believe in their business idea or product, but they believe in themselves and in their ability to succeed. These are the risk-takers whose desire and confidence get them through, and it’s their unwavering faith in what they do that always seems to see them through the tough times. They are remarkable business leaders who work hard and never give up.

Keeping it in the family

In some cases owning the family business is one’s destiny. When the time is right this owner takes this rightful place within the business which will later be passed on again to someone else in the family. It’s a real family affair and because more often than not it’s the source of the family’s livelihood, there’s real passion and commitment that keeps the business going year after year. It’s essentially a labour of love for this type of business owner and because it’s a real legacy, the drive to make it a success is stronger than ever.

Despite the similarities of the majority of small business owners, they usually fall within specific groups. Hopefully you’ll now be able to identify which kind of small business owner you are and it may just shed some light on why you run your business the way you do.

With SageOne Accounting, you can manage your small business smoothly and more effectively.

 

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