In a 2017 article in Investopedia, author Shobit Seth outlined “10 Characteristics of Successful Entrepreneurs.” They are: 1. Passion and motivation; 2. Not afraid to take risks; 3. Self-belief, hard work and discipline; 4. Adaptable and flexible; 5. Product and market knowledge; 6. Strong money management; 7. Effective planning (not over-planning) skills; 8. The right connections; 9. Exit preparedness; and 10. The ability to question themselves — but not too much.
As a company, Minneapolis-based LVC Companies Inc. meets every one of those criteria and more. In the process of interviewing several employees for this month’s cover article, nearly every one mentioned “entrepreneurial spirit” as a driving force for the company and a big reason why he or she joined LVC in the first place.