What do you need most to be a success? In a study of 120 entrepreneurs over a three-year period, the answer was to be a dreamer-on a grand scale-and be flexible on your way to your goal.
The study, headed by Robert Baum, an assistant professor of entrepreneurship at the University of Maryland's Robert H. Smith School of Business, pointed to the need to have a vision in order to reach goals. Baum says that 60% of the people he talks to have wanted to start their own businesses, but that most of what he hears is, "I wanna, I wanna" The people who actually succeeded were the ones who had a vision and knew clearly where they wanted to go-and they had a lot of details, too.
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