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Introversion and the successful SMEs entrepreneur

Introversion and the successful entrepreneur

Personal entrepreneurship characteristics might seem to be a big part of business success. Although being able to prioritize tasks based on importance and relevance while making intelligent decisions about how time is spent may be part of business success, this doesn’t necessarily paint the whole picture. 

It’s crucial to acknowledge immediately that there isn’t a magic solution that will make you instantly rich and a successful entrepreneur. However, there is a nearly formulaic combination of entrepreneurial talents that can help distinguish successful businessmen/women from others.

Entrepreneurs find opportunities in both their personal and professional lives, whether they work alone or in teams. They create hypotheses about how to provide value to clients/customers and run controlled experiments to validate their theories. This frequently entails finding coworkers through networking and investing money to work out how they’ll produce a good or service at a reasonable price.

Great businesspeople come from a variety of backgrounds. There is no one personality type, and it’s crucial to focus on the entrepreneurial team rather than the individual. However, while that is true, some traits seem to be a bit more common among entrepreneurs, particularly while they are creating and running their businesses. One of these traits is introversion.

Introverts Tend To Think Creatively

Creativity and introversion go hand in hand. Many of the world’s greatest authors, entrepreneurs, and innovators are introverts. This is because introverts relish the opportunity to exhibit creativity through their vocations. Many engineers and inventors are quiet and inward-looking. They almost resemble artists and, when they have creative control over a product’s (or business) design (unlike when a committee or other group is developing it), these individuals can shine.

Introverts Have A Passion For Ideas

Often, introverts are passionate about their thoughts and coming up with something unique. To be able to do whatever is necessary to make it happen, they create teams and gather knowledge. It’s crucial for entrepreneurs establishing new enterprises to have the capacity to concentrate intensely on their most important objectives.

Introverts Are Great At Leadership

Your leadership abilities can be observed even if you are not the focus of attention throughout every conversation. You don’t have to be talkative and socially active to be a successful leader. 

If you’re an introvert, your capacity for deliberation before action may be the secret sauce that helps you succeed in a leadership position. Introverts are as good as, if not better than, extroverts. The ability to play to your unique talents is part of being a great leader. Don’t push yourself too hard to be outgoing if you are an introvert. Simply be yourself and play to your advantage.

Examples Of Successful Introverted Entrepreneurs

  1. Larry Page

Together with Sergey Brin, Larry Page co-founded Google, and you probably know how that tale turned out. After leaving his role as CEO of Google in 2001, Page took it back in 2011 and held it until 2015.

People at the time, Page was known for his extreme reserve and, as you might imagine, “geeky” nature. However, Page’s calm, thoughtful temperament enabled him to develop a ground-breaking new product and a distinctive brand that is still in existence today.

  1. Bill Gates

You might know Bill Gates as the man who started Microsoft and is now worth billions of dollars. Initially an isolated introvert, Gates learned to use the people around him to balance out his strengths and limitations.

According to him, “If you’re clever, you can learn to get the benefits of being an introvert, which might be, say, being willing to go off for a few days and think about a tough problem, read everything you can, push yourself very hard to think out on the edge of that area. Then, if you come up with something . . . you’d better learn what extroverts do, you’d better hire some extroverts and tap into both sets of skills.”

  1. Warren Buffet

Warren Buffet, one of the richest people in the world and a well-known investor, is the founder and CEO of Berkshire Hathaway. 

He is renowned for his intellectual tenacity, intelligence, and critical thinking. Despite being an introvert by nature, he manages to run a prestigious company. His communication style reflects that intellectual coolness, and he uses his introverted characteristics to his advantage as an entrepreneur.

  1. Mark Zuckerberg

Mark Zuckerberg, the billionaire founder of Facebook, was once described as “shy and introverted, and he frequently does not seem very friendly to those who don’t know him. Despite how counterintuitive it may seem, Zuckerberg has been able to develop charisma through his introversion. His ability to surround himself with team leaders who play to his strengths has allowed him to transform his company into the business it is today.

  1. Elon Musk

The idea that a person dubbed the “next Steve Jobs” was once a quiet, shy engineer may seem weird, but Musk has been candid about it.

At some point, Musk realized the influence he might have through interaction with others, and he adjusted his reserve to allow his ideas to flourish in a setting that often values extroverts.

Advice For Introverts Who Aspire To Be Successful Entrepreneurs

  1. Embrace Your Introversion.

A lot of introverts might feel guilty for being too quiet, too sensitive, or too restrained. Introverts and extroverts process stimuli in very different ways biologically. Focus on the advantages of being an introvert rather than the disadvantages. For instance, because you tend to be quiet, you’re probably acutely aware of your surroundings, especially your clients’ and coworkers’ demands. Increase relationships, streamline procedures, and create new goods and services using that sense of awareness.

  1. Understand How To Manage Your Energy.

Even with your closest friends, being around others can be exhausting for introverts. It might be time for a break if you’re starting to feel anxious or overburdened. Consider getting a hotel room to yourself if you share a living space with outgoing roommates who need constant “background noise” from the TV or bring buddies over. 

What might you do when someone tries to get you to go to an event, and you don’t feel up to it? Say something like “Thanks for inviting me, but I have other plans,” etc. These plans may involve just you, but if your mental health depends on activities like reading and peaceful walks, that person should be able to understand.

  1. Manage Your Inner Critic.

In general, introverts are exceedingly self-aware and observant. An extrovert may be able to laugh off a mistake like spilling a drink at a networking event, but an introvert may use this as fire for their inner critic. As a result, the introvert may constantly tell herself that she is uncoordinated and clumsy and add this most recent incident to a long list of earlier times when she was clumsy. Introverts need to control their inner critic. This issue may be helped by affirmations, counselling, or coaching.

  1. Create An Introvert-Friendly Business.

Social media and email marketing can be excellent tools for introverts because they offer time to consider our words before speaking. For introverts, building a business around one-on-one interactions also works well. Accounting, design, writing, engineering, social media marketing, and mental health are a few of the best professions for introverts.

  1. Find A Way To Be Heard.

Meetings can be difficult for introverts, since extroverts prefer to talk. It can seem incredibly awkward to interrupt someone who is talking and offer your opinions. You might need to practice saying, “I have a couple of thoughts I’d like to share.” with confidence. You can count on the majority of the group being excited to hear you speak.

If you don’t like being interrupted, request to be added to the agenda. Make a list of the things you wish to mention. Practice outlining your arguments. People might do better as introverts if they are prepared. Finally, consider more ways to communicate your viewpoint. You might create a PowerPoint presentation or compose an email describing your ideas for the subsequent meeting.

  1. Be Patient With Extroverts.

Recognize that extroverted clients or coworkers think differently (there are differences in their brains). Meeting new people and being active energizes them, so don’t take this as them trying to irritate you. Find a compromise that suits both personalities by listening to what they have to say (within reason).

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