I am a university student who is interested in doing business. What skills should I work on building before I start up my business?
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Unknown to some, the bulk of what makes you an entrepreneur is leadership. While your technical background might be very solid, it is not a guarantee that you will become a successful entrepreneur. Someone with superb technical skills is at best an average employee because even being a good employee will require some soft skills. In the case of an entrepreneur, mastering such soft skills is a crucial prerequisite to success.
Some of such soft skills are highlighted below;
Effective communication skills: not all communication is effective and they are one of the hindrances to human relationships. Effective communication will be needed to pitch your ideas to investors and manage your team to get the best results.
Time Management: Time is one resource that is always scarce for entrepreneurs and you will want to ensure you are making the most of it. Learning how to schedule your plans, organize to-do lists, and know what to spend your time on is a skill that will make your life easier.
Human Management Skills: Humans are dynamic and sometimes even erratic. It takes keen observation to deal with some of them. You will need to improve your emotional quotient to understand the desires and the drive of your team members and how you can use it to motivate them to support you in your quest for business success.