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12 characteristics of wildly successful startups

Published: Monday, May 13 2013 8:00 p.m. MDT

There are literally scores of successful business owners who could teach the right principles. But before you begin the daunting task of launching your own business, take the time to determine if you have the natural ability, interest and drive to become a winning entrepreneur.

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This article originally appeared in Alan’s weekly Forbes column.

I am often asked these questions by aspiring entrepreneurs who want to start a business: What do I need to do to be successful? Where can I receive help? What resources are there? Who can guide me?

Time after time, I hear similar thoughts from hundreds of individuals with the desire to launch a business. Just this morning, I received a call from a fellow who needs help. I am by no means the only mentor in town who might be willing to answer business questions. There are literally scores of successful business owners who could teach the right principles. But before you begin the daunting task of launching your own business, take the time to determine if you have the natural ability, interest and drive to become a winning entrepreneur.

Before launching your venture, learn these 12 key characteristics of wildly successful entrepreneurs.

Alan E. Hall is a co-founding managing director of Mercato Partners, a regionally focused growth capital investment firm. He founded Grow Utah Ventures, is the founder of MarketStar Corp. and is chairman of the Utah Technology Council.

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