‘I Hate Freedom Because It Forces Me to Decide’ – What Makes a Successful Entrepreneur?

January 28, 2025 4 min read
‘I Hate Freedom Because It Forces Me to Decide’ – What Makes a Successful Entrepreneur?

Starting a business in 2025 is not just about having a good idea or a solid business plan. The most important foundation of a successful business is the entrepreneur behind the idea. Do you have the personal traits that are essential for a successful founder?

In the first episode of the GrowCast podcast by Webgrow Digital Agency, we seek answers to these questions. With communication consultant Gábor Szabó, we thoroughly explored what challenges an aspiring entrepreneur must face, and what personal traits can help someone be successful in this field. We discussed the duality of freedom and security, the importance of proper rest, managing anxiety, and of course, the role of money.

Freedom comes with a lot of responsibility. No one tells you what to do, when to start or stop working. This is something that can be very much for an employee-type person. Money is important, too, but a successful entrepreneur doesn’t set money as a goal, just uses it as a tool—we hear Gábor Szabó’s words in the video.

Dorián Kovács and Gábor Szabó

What personal traits are needed to be a truly successful entrepreneur?

The biggest difference between entrepreneurship and employment lies in the question of freedom and security. While an employee works with regular pay, fixed tasks, and predictable frameworks, an entrepreneur creates their own frameworks—but with that comes all the responsibility and risk. So before you start a business, it’s worth considering whether you have the personal traits that characterize a successful entrepreneur. Let’s see what the most important ones are:

1. Responsibility

As an entrepreneur, every decision is yours—success and failure alike. Therefore, it’s essential that you can take responsibility for your actions and their consequences. This not only affects your business decisions, but also your relationships with customers, partners, and employees.

2. Good stress tolerance

Entrepreneurship is full of unpredictable situations, and often you need to be prepared for problems you can’t always anticipate. Good stress tolerance helps you keep your cool under pressure and make effective decisions.

3. Flexibility

The market, customer needs, and circumstances are constantly changing, so flexibility is key. A good entrepreneur can adapt to change and respond quickly to unexpected situations.

4. Ambition

Entrepreneurs share a common trait: they don’t settle for average. Ambition is the inner drive that encourages you to create something new, valuable, and lasting in the world. Do you want to leave a piece of yourself behind?

5. Effective time management

An entrepreneur must keep many more perspectives in mind at once than an employee. That’s why it’s vital that you prioritize your tasks—for example, according to the famous “matrix” principle—and recognize when you need rest. To avoid burnout, it’s important to find a balance between work and leisure.

6. Conscious self-care

An entrepreneur works hard, but also must not forget to take care of themselves. Your health and mental well-being are the foundation of your business’s success, so it’s essential to devote time to self-care and rest before your own mental state causes you to end your own built business.

7. Good resilience

Being an entrepreneur is not only a physical challenge, but also an emotional one. Handle criticism, manage customer feedback, and be strong enough to deal with difficulties. Freedom is tempting, but just as challenging as it is exciting.

8. Love of work

For a true entrepreneur, work is not just a source of income, but a passion. If you don’t love what you do, it will be hard to maintain your motivation. As mentioned in the podcast, the artist creates for their own pleasure, while the entrepreneur creates for their customers—the common point, however, is enthusiasm.

9. Broad knowledge

An entrepreneur not only needs to navigate confidently in their own field, but also in other areas, such as marketing, HR, legal matters, finances, or even customer communication. This broad perspective helps you make informed decisions and successfully run your business.

It becomes clear from the podcast that entrepreneurial life is not for everyone—but if you have these traits, or at least have the motivation to work toward them, then it’s worth considering taking the plunge!

If you’re more interested in the topic, be sure to check out the first episode of the Webgrow Digital Agency GrowCast!