Is it possible for an introverted entrepreneur to become highly successful?
This is one huge question a lot of people ask, especially introverts desiring to embrace the world of business.
Now listen! Not being an outgoing person, someone that loves to hang around social environments but prefers to work in solitary mood isn’t a pointer that you can’t grow a highly successful business.
Pay close attention here if you are an introverted entrepreneur or have a close friend who is.
It’s true extroverted entrepreneurs are charming with words, have the ability to command audience attention with ease, and can easily frame-up reasons (facts with statistics) why you should buy their idea but the absence of those qualities does not dwarf the privileges that come with being an introvert.
So if you are an introverted entrepreneur like me, I want you to pay close attention to what you will read here today.
In this article, you will learn the following:
- How to know entrepreneurs who are introverts
- How introversion can help an entrepreneur?
- Small business ideas for introverted entrepreneurs
- List of 7 great entrepreneurs who are introverts
How to Know Entrepreneurs Who Are Introverts
There are many subjective qualities to know if an entrepreneur is introverted. By looking at them and comparing it to yourself, you will discover how you will gain more at mastering your uniqueness than trying to be someone else.
Introverted entrepreneurs do the following:
- Prefer building a company brand over a personal brand
- Teamwork spirit
- Listen with rapt attention
- Stretch for Excellence
- Loyal to their dream instead of seeking the easy way out
How Introversion Can Help an Entrepreneur?
Building a notable business empire requires the effort of a team. No team will achieve a common goal if every member of the team are out for their own interest and thus undermines the opinion of a colleague.
By being one who listens, carefully observes, and broods on thoughts before drawing their conclusion, introverts can become highly successful entrepreneurs.
Small Business Ideas for Introverted Entrepreneurs
It’s traditional to believe that extroverts will be famous and successful entrepreneurs because they can easily make connections, build a network, and communicate their ideas to the world. But rarely will one know that awesome business ideas abound that are a good fit for introverts.
If you are an introvert, don’t write yourself off that entrepreneurship isn’t your thing. Check out these small business ideas, you might find one more comfortable to start with.
- Graphic design
- Computer Programming
- Social media management
- Freelance writing
- Virtual assistance
- Animal rearing, etc
List of 7 Great Entrepreneurs Who Are Introverts
#1. Bill Gates
Did you know that Bill Gates, co-founder of Microsoft is an introvert? This is a man that has given out billions of dollars to charity for many years now.
When an audience member, Anthony Liang at ABC’s Q&A with Bill Gates in 2013 asked how he was able to manage such an amazing personality typical of only extroverts, Gates said:
“Well, I think introverts can do quite well. If you are clever, you can learn to get the benefits of being an introvert, which might be, say, being willing to go off a few days and think about a tough problem, read everything you can, push yourself very hard to think out on the edge of that area…”
But as his position demands, he often had to come out of his introverted enclave to act like an extrovert if it’s needed to get things done.
#2. Steve Wozniak
You probably may not have heard the name, Steve Wozniak if you are new to studying how some of the world’s biggest companies emerged. But for the records, just know it that he co-founded Apple Inc. with Steve Jobs. In fact, a report has it that Steve Jobs never wrote a single code that gave birth to Apple. Yet, he was the face of the tech company.
Back in 1980, Steve Wozniak offered $10 million of his own stock to early employees in Apple Inc., something his co-founder refused to do. Notwithstanding his differing opinion about money, (he doesn’t believe in mass accumulation of wealth) it didn’t stop him from being super-rich.
#3. Warren Buffet
Warren Buffet, a multiple times richest man in the world is a classic example that even introverts can become rich and famous.
In Buffet’s case, his ability to take careful and well-calibrated risks is not unconnected to the kind of signature trait that he has. As an introvert in business, you are naturally blessed with the ability to carefully examine a business, noting all the pitfalls before investing in it.
Warren Buffet confirmed this in his 2004 Berkshire Hathaway Letter to Investors:
Investors should remember that excitement and expenses are their enemies. And if they insist on trying on time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.
#4. Mark Zuckerberg
If you are a careful observer, you would have noticed that Mark Zuckerberg is not a man who likes to go back and forth when it comes to buying a company. If he sees something great about your startup, especially if your startup has the potential to pose as a competitor in the future, he buys it up at a price you can’t resist.
Not just that, hardly will you see Zuckerberg persuading a startup founder to move over and start working for him. If there’s a case where he did that, I’m sure it never came to my knowledge. That’s because the quest to get someone into a team even when they don’t feel like it isn’t something introverts are known for.
Despite being a classic introvert, Zuckerberg, the founder of Facebook was still able to rise to an enviable business position as one of the wealthiest people in the world.
#5. Elon Musk
Elon Musk, founder of the well-celebrated Tesla Motors and SpaceX was a naturally born introvert. But when this South African entrepreneur discovered that the environment he was to do business in was more favourable to extroverts, he was quick to switch his signature trait. He admitted it in an interview by Kamelia Angelova.
On Tuesday, February 6, 2018, Elon Musk through his company, SpaceX launched the first car into space using their highly sophisticated Falcony Heavy as the whole world watched in amazement.
#6. Larry Page
Billionaire Larry Page and co-founder of Google is an introvert. Though intellectually sound he’s still quiet and reserved. Despite being an introvert, Larry Page is still one of the most successful entrepreneurs in human history – having built Google to become the most visited website in the world today.
When you look at his life, it goes to show that there’s nothing you can’t achieve even as an introverted entrepreneur if you set your mind on it.
#7. Guy Kawasaki
Guy Kawasaki is the chief evangelist of Canva, Mercedes brand ambassador, one of the early employees at Apple Inc. and one of America’s most respected authors. Though most people consider him as a Silicon Valley marketing legend, what they probably didn’t know is that Guy is an introvert.
On August 10, 2008, in a tweet posted by Guy Kawasaki, he said:
You may find this hard to believe, but I am an introvert. I have a role to play, but I am fundamentally a loner.
Our goal in this post is to help you appreciate your uniqueness, master your strengths, and use them to your advantage in business as an introvert. If you ever wondered how many billionaires are introverts, this article must have given you a deep insight. Never again will you wish you were someone else because you’ve got great qualities the likes of Bill Gates, Mark Zuckerberg, Elon Musk, Warren Buffet, and many other successful entrepreneurs mentioned above also have.