Time to Startup!

The BizFilings blog covering business tips and trends.

Our Small Business Personality Type Breakdown

Published on Jul 14, 2013

Summary

Read 'Our Small Business Personality Type Breakdown' at 'Time to Start Up,' the small business blog by BizFilings.
Small Business Personality Type Whether you are currently in the midst of incorporating a small business for the first time or have been a successful entrepreneur for years, there’s always room for improvement. One of the easiest ways you can improve your incorporation is by gaining a thorough knowledge of how your business approach affects the final product. By understanding these basics, you are better equipped to make the necessary changes to help your start-up thrive. There is plenty of variety in terms of business owners and personality types. No two entrepreneurs are exactly alike. However, looking at the world of small business incorporations as a whole, one starts to notice certain trends. So, what kind of entrepreneur are you? Chances are that you fit into at least one of the categories described below. Type A You may feel that type A is the most stereotyped of the entrepreneur personalities, but that generalization exists for a reason. Known as the ‘go-getters’ and ‘perfectionists’ of the world, Type A individuals possess an innate ability to deliver on promises and exceed expectations. However, in doing so, these business owners may find themselves stepping on a lot of toes, or worse, fostering a negative environment within the company. If you identify with this personality type, you may have already noticed just how anxious you feel when everything is not ‘just right.’ Prior to incorporating a company and hiring employees, work to develop effective strategies for dealing with your anxiety so you can ultimately avoid taking it out on your staff. Low-Key Sometimes referred to as a ‘business dabbler,’ this type of entrepreneur tends to view running a business as more of a hobby than a competition. While some may view such an attitude as ineffective and irresponsible, this approach does have its benefits. For example, low-key business owners are more likely to enter a field for which they are truly passionate instead of the industry they think will make them most profitable. This passion can make for amazing products, not to mention the calm work environment that accompanies a relaxed boss. However, such a laid-back nature can also be harmful, as these types of owners are more likely to fall behind on paperwork and other essential duties. The easiest way to prevent such a problem is to hire experts in all necessary fields, including business administration and accounting. These employees can help take care of the logistics while you carry out your passion. Communicator Are you a people person? If so, your greatest asset in terms of incorporating your business is your ability to connect with others. This is certainly an important skill, and communication is absolutely necessary for everything from directing employees to negotiating with potential clients. While your gift of gab may leave you able to sell almost anything, it’s still essential to focus on developing a quality product. Your best ideas spring from group work, so don’t be afraid to set up a collaborative environment. As a people person, you’re sure to have a large group of possible collaborators to pick from. Behind the best small business incorporations are owners that let their strengths shine while taking steps to minimize their weaknesses. By identifying your tendencies as an entrepreneur, you’re taking a step in the right direction. Shoring up your weak spots means you’ll have all of the tools required to succeed in a business where collaboration and innovation are key.