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Do you have what it takes to be an entrepreneur? While hard skills such as bookkeeping and marketing can be worth learning, it’s also important to develop the right soft skills. These skills can be largely determined by your personality, however you may still be able to cultivate these skills later in life. Below are just five of the key soft skills every entrepreneur needs.


Running a business is a constant cycle of identifying and overcoming problems. Only by doing this can you improve your business and conquer any obstacles.

There are many ways to develop your problem-solving skills from completing puzzle games to working out directions to new places (without a GPS). Optimism can be a vital ingredient of problem-solving – always try to focus not on the problem, but on the solution.

Time management

Becoming an entrepreneur gives you the freedom to use your time as your wish, however this also requires you to develop time management skills. You need to be able to prioritise important tasks while also ensuring that less important tasks aren’t forgotten.

To improve your time management skills you need to get into a habit of creating daily schedules and setting alerts to ensure that you keep to these as best you can. Finding ways to eliminate distractions could prevent you from being thrown of schedule.


If you plan to hire employees, leadership skills could be vital. This involves a good understanding of how to manage people and get the best out of them.

There are courses in management skills training that can help you to develop leadership skills. Volunteering to organise social activities and lead clubs can also help you to gain leadership experience.

Communication skills

Entrepreneurs need to be good communicators. The involves being able to articulate your points well, as well as being able to maintain communication with multiple people at the same time whether they be customers, employees or suppliers.

There are similarly many courses out there that can help you to develop communication skills. Written communication is just as important as verbal communication in today’s world – it could be worth practicing your email and telephone skills.


Being confident is important in all walks of life, but can be especially important when starting your own business. Confidence will help you to take risks and make decisions. It will also help to inspire confidence in others.

The key to confidence is learning to be proud of your strengths and learning to be accepting of your weaknesses. We all have moments of self-doubt – but a confident person knows when to suppress these doubts or when to seek approval from others. There are many courses, self-help books and support groups that can help people to become more confident.

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