Two particular abilities that are common to many successful entrepreneurs are:
-the ability to build a strong team, and the ability to develop strong networks
Why are these two abilities
important in realising success as an entrepreneur?
Ability to build a strong team: this ability can provide expertise that the entrepreneur does not possess, ideas, solutions and different perspectives, additional minds and hands (because typically its impossible for one person to do it all), the potential for growth (without additional minds and hands it’s impossible to realise growth) and emotional and general support (especially in the start-up phase)
Ability to develop strong networks: this ability can provide useful insights into industries, can be a source of resources (for realising a business idea) and further contacts, can help identify new business ideas or extend an existing client base.