Each year, nearly one million Americans start their own businesses, undertaking the transition from Employee to Self-Employed.

Before you ever decide what business to operate, your first step is to honestly assess whether or not you have the traits to own your own business. There are some key characteristics of successful entrepreneurs. While every successful entrepreneur does not possess all of these traits, these do tend to be the traits shared by the successful.

Trait #3: Positive Mental Attitude

Optimistic attitudes create positive outcomes. Trait #4: Objectivity

This is the ability to accurately assess risks with decisions to be made and also not allowing your ego to dictate your course of action

Trait #5: Foresight

This is the ability to anticipate changes that are needed before the problem arises

Trait #6:Good interpersonal skills

Business owners are politicians, and the best business owners get along well with other people.

Trait #8: Strong communications skills

The ability to write well and speak well is very important to success. Trait #9: Resourcefulness » Read more: The Twelve Traits of Successful Entrepreneurs