Qualities of a Good Businessman:

A businessman should possess the following broad qualities to be successful in his work:

1) Capable to Take Prompt Decisions:

In the present day world, things move very fast and if businessman suffers from indecision, he might have to lose many business opportunities. So a successful businessman must have capacity to take prompt decisions.

2) Technical Training and Knowledge:

These days, business has become very complex and competitive. It is full of danger to start a business without having proper knowledge regarding it. Due to his technical training and knowledge, he can properly understand the complexity and problems and finds solutions for them.

3) Adaptation:

Adaptation means to adjust oneself according to the circumstances. For a successful businessman; it is an important quality because in business a person comes across both favorable and unfavorable circumstances.

4) Alertness:

A businessman must be in touch with the world and not with himself. He must satisfy the existing wants but also create fresh wants.

5) Moral Character:

Moral character helps a person to earn power and prestige in the society. So, moral character elevates the personality of the businessman and increases his influence. Lack of moral character makes the downfall of businessman a certainty. There is a proverb: “If money is lost nothing is lost, if health is lost, something is lost and if character is lost, everything is lost”.

6) Ambition:

A businessman must be ambition. It is rightly said that a person who is neither imaginative nor ambitious in life can neither be successful nor can secure help from others for success.

7) Courtesy:

A businessman should be practical and courteous. Courtesy costs nothing but sometimes unexpected benefits can be secured by it. A practical and social businessman will not only attract customers but will also secure stable goodwill for his business.

8) Aptitude:

To have natural aptitude towards success is one more essential quality of a successful businessman. Lack of aptitude makes the work uninteresting and makes the failure a certainty. On the other hand, natural aptitude inspires a person to work hard and brings him closer to success.

9) Sharp Memory:

A businessman must have sharp memory in order to take business decisions keeping in view the relevant facts and figures.

10) Smiling Face and Good Health:

A businessman should possess a cheerful disposition. This enables him to impress others quickly. Besides this, good health of the businessman creates good impression about him. These things help the businessman to win customers and become successful.