Most entrepreneurs take prudent, calculated risks to achieve their goals. Entrepreneurs have an over-abundance of confidence, believing they can succeed where others failed. This vigorous level of optimism often contributes to early business failures until the entrepreneur gains sufficient business experience. Even though 80 percent of new business start-ups fail within the first five years, the majority of new entrepreneurs are convinced they will succeed. High Energy .
Entrepreneurs are far more energetic than the average person.
Long hours and hard work are the rule rather than the exception. Given the incredible effort required to launch a start-up business, this entrepreneurial energy plays a critical role. Future Focus . Entrepreneurs focus more on the future than the present. Although this focus facilitates future business strategies, it can also lead to problems because entrepreneurs may ignore existing problems with their fledgling businesses.