A Balancing Act: The Characteristics That Differentiate Successful Entrepreneurs

Janet Bannister, successful founder and Real Ventures partner shares 4 practical pieces of advice every striving entrepreneur needs to hear in 2019

Real Ventures
Jan 8, 2019 · 5 min read
Image for post
Image for post
Photo by Henry Lim on Unsplash

The right “type” of persistence

There’s a famous quote that the definition of insanity is continuing to do the same thing and expecting different results. Often, entrepreneurs continue to do the same thing, despite that “thing” not working, driven on by the belief that they must be persistent if they are to succeed.

Working hard vs. work-life balance

While founders are often told that they need to work hard and put in long hours and late nights, they are also told that they need to take care of themselves and have some sort of work-life balance in order to be able to bring their “best selves” to work.

Generalist vs. specialist

In the early days of building a company, founders need to wear several different hats, including Engineering, Product, Sales, Marketing, Customer Service, Finance and HR. This can lead to founders feeling pressure that they need to be proficient at everything. On the flipside, there are many people who tell founders that they need to be “spiky” — that being really good at one thing is what’s most important.

Confident vs. humble

The stereotypical, supremely confident entrepreneur, popularized by images of Steve Jobs, Elon Musk, Richard Branson and others, often leads founders to believe that in order to be successful, they must project an unfailing sense of self-assurance. And yet founders are also told that they need to listen to others, delegate appropriately and be a caring leader. How to reconcile the two?


Real Ventures

Knowledge, curiosity and collaboration are key to innovation.

Real Ventures

Written by

Real is a leading source of capital for game-changing entrepreneurs and a driving force behind emerging tech ecosystems.

Real Ventures

Actionable insights from entrepreneurs and VC partners to help early-stage founders build globally-impactful companies.

Real Ventures

Written by

Real is a leading source of capital for game-changing entrepreneurs and a driving force behind emerging tech ecosystems.

Real Ventures

Actionable insights from entrepreneurs and VC partners to help early-stage founders build globally-impactful companies.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch

Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore

Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store