Do you take advantage of two important highly sensitive person traits? Here’s some information that will get you to think more about this question.
Shark Tank judge Robert Herjavec shared some business insights with Steve Strauss of USA Today.
Q: You started with so little and became incredibly successful in business. What do you think you did right?
Robert Herjavec: There really is no silver bullet. What it took, and what it takes, is constant perseverance. You have to strive to be a little bit better every day. When I was a waiter, I wanted to be the best waiter I could be and worked to be better at it every day. You know, eventually we all get our asses kicked, so what you have to do is just to keep going, and work to improve at whatever it is you do.
Q: So how important is one’s mindset, then? There are a lot of people who come on your show for instance who seem to have a great idea but don’t get funding. What is it then that makes for a great entrepreneur?
A: It is human nature, especially as we get older, to look for stability in our lives. But if you want to be a successful entrepreneur, you have to fight against that somewhat, as starting a business requires movement. You cannot stay still. There are all sorts of different characteristics that make for being a successful entrepreneur, and I think the first is simply perseverance. But you also must have what I call a “foolish belief” in yourself and your vision, but at the same time, you cannot come across as too boastful. The other thing, and the biggest mistake I see, is that as an entrepreneur, it is your job to add value to your business, your invention, your customers, and so on. Yes, your idea might be unique and different, but does it add value?
Q: When I watch Shark Tank, one thing I notice is that the people who seem to be the most successful not only have a great idea, but they also have a high degree of emotional intelligence.
A: Yes, I do think that is accurate. As an investor, I need to believe in not only the product, but the person.
Q: I know that one of the investments you made on the show that you are very enthusiastic about was something called Chord Buddy (a device that easily helps people learn to play the guitar.) How is that going?
A: That was one of the best investments ever on the show. After the show aired, Travis (perry the inventor) had $500,000 on sales. One thing to understand is that sometimes the illogical works. What I mean by that is that Chord Buddy is a fun product and Travis is a fun guy. I love that. He’s a great guy. It’s fun and a fun business.
Perseverance, the quality that allows someone to continue trying to do something even though it is difficult, and having emotional intelligence, the level of your ability to understand other people, what motivates them, and how to work cooperatively with them are common traits of highly sensitive people. Do you take advantage of them? If so, why not start your own business? If not, how can you use these positive traits to your advantage? I’m interest in any thoughts or comments that you have.