This article is the second and final part of the Entrepreneur Life Skills series. To get 
the best value, I suggest that you read Part One first, before you continue.
If you’ve read Part One already, then dig in… :)
Does a university degree guarantee success in the world of entrepreneurship? Apparently not.
In Part One of this series, I shared the first five of ten most important life skills 

 you must have to succeed as an entrepreneur, especially if you’re doing, or want 
to start, a business in Africa.
The skills we looked at were: negotiation, money, the failure mindset, decision-making
 and positive thinking.
Surprisingly, while all of these skills are critical to survival in the world of business, 
they are not contained in school curricula.
Why aren’t schools teaching these important life skills?
The truth is, our schools teach, equip and condition us to become model employees.
 That’s why even the best trained MBAs focus on getting the next best high-paying 
job, and not the next disruptive business ideas.
In this article, I’ll explore the last five most important life skills you’ll need to
 succeed as an entrepreneur.
Let’s meet them.

6) Selling and Persuasion

Every business exists to sell a product or service. That’s how money is made. Period.
No matter how great your product or service, if you cannot convince customers to reach 
out for their wallets and pay for it, you’re out of business!
That’s why one of the best qualities of successful entrepreneurs is their strong selling 
and persuasive skills. When you meet them, or listen to them, it’s always clear 
that they’re remarkable salespeople.
And that’s because they know that the key to making money in any business is the
 ability to sell. The better you can sell, the more money you can make.
10 Most important life skills for entrepreneurs - Part 2 - 6
Photo credit: blog.edcite.com
In fact, the power of selling and persuasion skills goes beyond convincing a customer 
to buy your product or service.
Whether you’re meeting with a bank manager to convince her about a loan for your business
, or you’re trying to get the cooperation of potential partners for your business idea,
 selling and persuasion skills will always be an advantage if you know how to use it.
Actually, we use selling and persuasion skills all the time, but we’re only lightly aware of it.
Children use it on their parents, husbands and wives use it on each other, employees and 
employers also use the power of selling and persuasion all the time.
But only the most successful entrepreneurs have mastered the art and science of selling 
and persuasion. That’s why they’re able to make impossible business deals.
Fortunately, although our schools don’t teach this skill like they should, selling and 
persuasion can be learned through study and constant practice. You can learn it, apply it, 
and master it, just like most successful entrepreneurs have.
Some of the best books on the subject of selling and persuasion are:

7) Curiosity

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This is one of the most taken-for-granted skills of all time. But curiosity is a very,
 very powerful skill to have.
Truth be told, I’m not sure curiousity is a skill that can be taught in a classroom or 
anywhere else for that matter. However, if you make up your mind to be a 
curious person, and live by it, it will only be a matter of time before it becomes 
second nature.
Every successful entrepreneur on earth has a higher-than-average level of curiosity.
 They have trained their minds to look beyond the ordinary, to constantly ask 
questions, and to reach beyond their comfort zones.
Here’s what Donald Trump has to say about curiousity:
If you really want to succeed, you’ll have to go for it every day like I do.

The big time isn’t for slackers. Keep up your mental stamina and remain

curious. I think that bored people are unintelligent people. 
Donald Trump
The reality is, entrepreneurs thrive on exploiting business ideas and market 
opportunities. That’s how they make money and become successful. Their 
high sense of curiosity allows them to advance their imagination and keep 
digging for opportunities until they find them.
The fact is, every human being is born with a heavy dose of curiosity.
We can clearly see this curiousity at work in young children as they explore 
their environment, attempt to reach beyond boundaries and ask a lot of questions, 
both silly and not-so-silly questions.
Unfortunately, as we enter adulthood, many of us lose that high sense of curiousity.
Becoming a successful entrepreneur requires a high and healthy dose of curiosity.
 If you’re really serious about becoming one, you need to re-energise your curiousity levels.
Get curious!

8) Managing Time

10 Most important life skills for entrepreneurs - Part 2 - 8
Photo credit: weighyourmind.com
Of all the natural, mineral, human and material resources on our planet, none
 is more valuable than time.
We all get 24 hours in a single day. That’s it. If you waste or squander yours, it’s gone
 forever. Time lost can never be regained. Time is a currency that, once spent, can never 
be regained, recycled or returned.
Successful entrepreneurs understand that time is our most precious and scarcest resource. 
That’s why they have developed the powerful skill of managing their time and using it 
effectively to achieve their goals.
In today’s world, it can be very challenging to manage time. With constant distractions 
from social media, telephones and the internet, most people find it hard to focus on their
 daily tasks. As a result, their overall productivity suffers.
Successful entrepreneurs use a combination of time management strategies including: 
prioritization, focus, planning, delegation, multi-tasking and several others to squeeze
 the most value from their limited time resources.
Fortunately, time management is a skill that, with discipline, can be learned and mastered too.
To get you started, here are some of the best books out there on time management:

9) Continuous learning

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Photo credit: successflame.com
Information is power. Information can give you a significant advantage over the competition.
 But to exploit information, you need to seek it, understand it, and then use it.
In their quest for information, successful entrepreneurs never stop learning. Because they 
understand that they don’t know everything, they always have to keep learning.
The world of business is always in a state of constant change. Government policies, 
market conditions, consumer tastes and demand, industry trends, interest rates and 
competition are just a few of the constant changes every entrepreneur has to look out for.
That’s why smart entrepreneurs are always learning.
We live in an age of fast-changing technologies, disruptive business models and high 
social awareness. It’s difficult to survive in business these days if you lack the discipline
 to constantly update yourself with the goings on in your environment and the business landscape.
Continuous learning is a skill that eventually evolves into a habit. The ability to seek,
 understand and exploit information is a skill that all successful entrepreneurs 
unconsciously apply everyday.
They follow the news, subscribe to industry reports and read books and blogs on a
 wide range of topics that affect their business. They also attend live events which 
give them the opportunity to network with knowledgeable people in their markets.
Nowadays, with the help of the internet, you can learn anything you want. Here’s 
one resource you’ll find very valuable:
In today’s world, there’s no reason you shouldn’t be learning everyday. 
These days, knowledge is often one click away, on your mobile phone. Use it!

10) Leadership

Starting and running a business is a huge and very serious responsibility. Depending on the size 
of your business, several people will be depending on you, including you.
The quality of relationships you have with your employees, investors, business partners, 
and suppliers 
will be largely determined by the quality of leadership you can demonstrate.
To me, leadership is a combination of several different qualities. Self-motivation, self-belief, 
discipline,
 personal responsibility, integrity, communication, vision, commitment and emotional intelligence 
are just some of the most critical elements that define a leader.
Especially in Africa’s challenging business environment, every entrepreneur will have their 
leadership abilities tested from time to time.
Your ability to lead yourself and the people who depend on you, in spite of all the odds and
 setbacks, will determine your extent of success.
Are leaders born or made?
I’ll say, both. Some leaders are born, some others are made.
The good news is, you can learn to become a leader through consistent practice
 and application of leadership principles.
Everyone of us becomes a leader someday. You may be the head of your family,
 the coach or captain of a sports team, the president of your local community or 
religious organization.
Above all, you could (and should) be running your own business someday.
So, whichever way the pendulum swings in your life, you would have to rely on 
your leadership skills someday, no matter how poorly or highly developed they are.
Again, the absence of leadership training as a core element of our school curriculum 
is just another shocking flaw in the system. If the natural leadership abilities of young
 people are nurtured from an early age, they stand a better chance of becoming very 
successful entrepreneurs, and leaders, in general.
In my efforts to develop my own leadership skills, here are a few interesting books 
that are on my reading list:

Bonus: The 11th Skill

In addition to all the life skills I’ve shared with you in this article, there’s is none quite as 
powerful as the 11th skill.
To my mind, The 11th Skill is the most powerful of them all. It’s the common defining 
quality of every entrepreneur on earth, regardless of their age, race or level of education.
The 11th skill is Action.
It’s a simple, common and over-used word, but “Action” makes all the difference in the 
world. It’s the difference between a person who has a bright idea, and another person who 
takes action on an average idea and builds it into a successful business.
Action is what separates ‘dreamers’ and ‘idea junkies’ from entrepreneurs. Entrepreneurs 
don’t just dream, they take action on their dreams to make them a reality.
It’s not enough to have an amazing idea or a revolutionary vision. Your idea or vision is 
not of any use to anyone if it’s just sitting in your head. That’s not how the world works.
Success only goes to those who take action. It’s no surprise that the smartest and most
 intelligent of us, are often not the most successful.
To become a successful entrepreneur, the ability to take action, even when you’re only 
half-sure of the outcome, is a very important skill to have.
Dream. Act. Start.

Are you developing your Entrepreneur Life Skills?

No matter your level of ‘academic’ education, it’s clear that you will need to take 
personal responsibility for developing the ten important life skills covered in this series,
 if you plan to become a successful entrepreneur.
What do you think about the life skills you’ve learned so far?
Do you agree or disagree with any one of them?
What’s your experience with these skills in the real world?
Have your say in the Comments section below. Let’s rub minds. :)
It would also be a great idea to share this article with anyone you care about who will 
find this information valuable. You can share this article using the Facebook, Twitter
 and Google+ buttons below.
To your success!