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What is one skill one must have in order to thrive in a business?

i want to start a business

+25 Karma if successful
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To: Friend
Subject: Career question for you

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Lina’s Answer

For me, one of the most important skills you'll need in business is resilience. As you embark on your journey, you'll encounter experiences that push you out of your comfort zone. Change, influencing leaders, coaching peers or management, and uncertainty are all guaranteed to come your way. It's how you handle these experiences that truly matters.

Resilience is all about adapting quickly to change, receiving and applying difficult feedback, managing failure, and navigating unfamiliar situations. It's not always easy, and it may require you to step out of your comfort zone. But remember, these experiences are crucial for your growth. Whether you're driving the change or it's happening in your environment, it's important to take control of what you can and keep pushing forward. Don't allow yourself to get stuck in a space that doesn't propel you forward.

So, embrace the challenges that come your way. They are opportunities for growth and development. With resilience as your ally, you'll be able to overcome any obstacle and achieve success in the business world. Keep pushing forward, and never give up!
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Paul’s Answer

Self starter, Collaborative, Client focused.
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Molly’s Answer

Hello there! I've discovered that flexibility and adaptability to change are crucial elements for achieving success. While working in corporate environments, many aspects related to structure and policies are beyond your control. The most valuable guidance I've received is to embrace change with confidence and a positive attitude. This approach ensures that you're always engaged and never stuck in a rut. It's an exciting way to keep your professional life vibrant and dynamic!
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Ingrid’s Answer

For a business to flourish, it's essential to be adaptable. Get comfortable with the market's fluctuations and environmental shifts. Welcome upcoming changes and gear up for them. Businesses that have been resistant to change or have not adjusted to the evolving markets, consumer demands, and industry preferences often find it hard to stay pertinent or prosperous.
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Anthony’s Answer

Hello!
Please, note the following, regarding one skill, in order to thrive in a business:-
1. Consider the extent of your GENERAL KNOWLEDGE in the business. It should be perfectly high.
2. Consider other factors as, your interest, favourable marketing opportunities, diligence, hardworking and other good personal attitudes.
Best regards.
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s’s Answer

That is a great question! Truly in business you need to be able to problem solve.
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Andrew Martin’s Answer

In my experience a combination of key skills are needed for success in business and life namely: grit; resilience / can do attitude & determination to bounce back from setbacks & failures; a growth mindset (through life learning and being curious not judgemental).
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Jessica’s Answer

Embarking on the journey of establishing your own business requires a hefty dose of determination. Remember, it's more than just a regular 9-to-5 job; it's a commitment to work tirelessly, day and night, to ensure a steady workflow. Some periods may be more challenging than others, but your innovative thinking and problem-solving skills will guide you to explore various strategies until you discover the one that guarantees a stable income. It's crucial to have a strong support network to rely on during tough times. They will be your source of encouragement and resilience when the going gets tough. Starting and running your own business isn't an impossible task; it's a venture that demands years of dedicated effort before you reach a comfortable standing. And even then, unexpected market changes can occur, so your steadfastness will be a key factor in your success.
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Mike’s Answer

Choosing to be curious can be beneficial. If you're a person who's naturally inquisitive, and you have a desire to comprehend the intricacies of business operations and the requirements for success, it can take you far. This curiosity can also be advantageous when trying to understand the needs and wants of a potential client.
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JOHN’s Answer

Hello:

I would welcome the perseverance. As things can get rough in business, ups and downs, and the perseverance to rise above the downs and deepen your dedication to your establishment.

1. An Understanding of Economics
2. Data Analysis Skills
3. Financial Accounting Skills
4. Negotiation Skills
5. Business Management Skills
6. Leadership Skills
7. Effective Communication
8. Emotional Intelligence
9. Decision-Making Skills
10. Networking

- https://online.hbs.edu/blog/post/business-skills-every-professional-needs

Thankful within each path your roads plant.

God Bless,

John German
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Vaibhav’s Answer

Hello Nancy,

In the world of business, one principle stands above the rest: addressing and resolving challenges. Whether it's your business as a whole or you as an individual within the company, if you can effectively solve problems, you'll be miles ahead of your competitors.

Equally important is ensuring you're not the one slowing things down. It's always beneficial to keep the workflow smooth and unobstructed!

Lastly, never underestimate the power of asking the right questions. This is always high on my priority list.

I hope these insights inspire and guide you towards success!
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Paul’s Answer

Initiate independently, cooperate effectively, and concentrate on client needs.
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Rob’s Answer

In my opinion it would need to start with something you absolutely love doing and that you are exceling at already. Starting a business and thriving takes time, resilience and dedication. There will be times when things aren't going your way, when there are issues/challenges and impacts to your business outside of your control (think COVID). It's in those times that doing something you love and being better at it than all/most other options in your business will get you through and thrive.
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Ryan’s Answer

Great Question!

One skill that is key to success in business is Curiosity. This will lead you to asking great questions, always striving to be better and find problems to solve.
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