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The Suprisingly Necessary Qualities For Small Business Owners

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1. Vulnerability – It’s okay to take off that armor, Lancelot. It’s too heavy and hot, anyway. Vulnerability is when you are open to letting things in. Want more money? You need to be vulnerable. Need help from others? Vulnerability.

Learning about your blind spots, or something new about marketing… yup, vulnerability.

It’s the ability to say “I don’t know.” It’s the willingness to risk falling in love, and opening your heart. It’s when you say: “I can’t do it on my own. Can you help me?”

On this entire list, I rate vulnerability as the single most important success indicator for small business owners. Without it, you’re alone in the world, and can’t receive what you need. And, it’s hard to access the other four qualities without it.

2. Creativity – Here’s how I define creativity: the ability to see how unlike things go together. Kinda like Sufism and Business, right? Creativity isn’t the power to create something out of nothing- it’s the insight to see what odd, strange, unlike things can be combined to be useful.

This helps in creating unique offers. This helps in finding a place to fit your home office when there isn’t a spare bedroom. This helps in spotting opportunities and niches.

It’s actually a poetic quality- and successful business owners cultivate this ability to fit odd pieces together in (sometimes) useful ways.

3. Trust (or Faith) – The stereotype is working seven days a week, late into the night, getting it all done. Yet, you can’t work ten to twelve hours every day and be truly productive. Things start to break down. In your exhaustion you miss opportunities, fall blind to miracles. You need spaciousness.

And to get that spaciousness, you have to have trust. Without the deep trust in your heart that you are going to be okay, you can’t wrestle your to-do list to the ground and leave things, sometimes important things, undone, so you can access your creativity and aliveness.

4. Sovereignty – You are in charge. It’s important, with vulnerability, to get advice, to learn, to let other sources of wisdom and experience guide you. But, when it comes down to it, you set the course.

Your business is a precious being, a vehicle for hopes, dreams, and transformational work in the world. It can provide a living for you, and perhaps others, and can help many people with some problem that’s creating struggle for them.

Finding inside yourself the willingness to act, sometimes with less care and more boldness. To take actions and make decisions, even if they are at times messy and imperfect. To be the captain of your ship. Without Sovereignty, you don’t have a business, you have a job.

5. Patience – Wait for it… wait for it… Actually, the quality of Patience isn’t about waiting for your ship to come in. Patience is described by Sufi author and scholar Neil Douglas Klotz, in his book The Sufi Book of Life, as a pathway:

“This pathway can also help us work with projects or relationships where progress is likely to be slow, over a long period of time. The heat of patience and discomfort may, like a cooking compost pile, produce amazing future effects, ones we couldn’t dream of…”

You aren’t going to make (six figures, a million, insert your lofty goal here) by New Year’s. Or by next New Year’s. But maybe three or five New Year’s hence, you just might. If you have Patience.

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One Response to “The Suprisingly Necessary Qualities For Small Business Owners”

  • Jeff says:

    I would not limit these characteristics to small business owners. Anybody starting a company, and moreso even large corporate CEOs, need a tremendous amount of faith in what they are doing, and patience to see results….

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