STRATEGY CALL

One Personality Trait Most Successful Entrepreneurs Share

determination discipline hardwork sacrifice successful entrepreneur May 13, 2022

Survey a group of founders about the personality traits that made them successful, and they  will be quick to use words like determination, sacrifice, and hard work. Others will show more  humility and chalk their success up to personality traits like curiosity. Still others will credit  dumb luck. 

However, there is another personality trait that many of the most successful founders have in  common: discipline.  

They have the discipline to stick to their original vision despite the temptation to veer off course.  

The discipline to stick to their original product or service offering despite clients asking for  different things… 

The discipline to ignore whatever shiny ball is demanding their attention and instead focus on  what they set out to do… 

Steve Jobs, the legendary co-founder of Apple, said it best:  

“People think focus means saying yes to the thing you've got to focus on. But that's not what it  means at all. It means saying no to the hundred other good ideas that there are. You have to pick  carefully. I'm actually as proud of the things we haven't done as the things I have done.  Innovation is saying no to one thousand things.” 

How Saying No Led to a 7-Figure Exit 

Andy Cabasso studied law at university but never really practiced. Instead, he co-founded  JurisPage in 2013, an agency specializing in helping law firms with their marketing.  

Cabasso understood the marketing services lawyers need, and his partner, Sam Brodie, knew  how to build websites that ranked on Google. Their service was popular among lawyers but also  attracted the attention of other service businesses that needed a website that ranked  organically as well. 

Cabasso and Brodie were tempted to wander outside of their niche but ultimately turned down  the opportunity to work with other types of companies, knowing they had something unique to  offer lawyers. 

They also knew the importance of recurring revenue so insisted that their clients use JurisPage  for website hosting, which gave the partners a base of recurring revenue. Prospects offered

JurisPage thousands of dollars to build them a website for someone else to host, but Cabasso  turned them down, knowing that the recurring website hosting revenue was a fundamental  component to building a valuable business.  

In the end, Cabasso and Brodie’s discipline paid off because they attracted the attention of  Uptime Legal, an Inc. 5000 business specializing in technology and practice management  software for law firms.  

The two companies fit together like peanut butter and jelly, which is why Uptime Legal acquired  JurisPage in a seven-figure deal that closed in 2016. 

The moral? While curiosity and grit are important personality traits for any would-be founder,  the ability to remain discipled in the face of opportunity may be the most important attribute of  all.

 

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