One virtue that is essential in every business, and often the hardest to master is patience. The patience of an entrepreneur or investor is an important virtue because it nurtures the thriving capacity of the business through pleasurable times, and demanding moments. It is a fact that success is rarely an overnight accomplishment but rather a demanding, overwhelming, and tiresome journey. For an individual to convert the vision that is in their head to a practical idea, and action, and cumulatively success, it is vital to have patience along the way.
Patience by definition refers to the capacity of an individual to tolerate difficult circumstances, unforeseeable problems, and intermittent delays, without becoming angry, strained, stressed, or anxious. As a virtue, patience enables a business owner to craft their business in a successful manner, an aspect that enabled the venture gradually grow into a competitive and lasting enterprise. Impatience which is the opposite acts as a limiting factor for success because it discourages growths, and nurtures impatience, cumulatively clouding an individual’s credibility, judgment capacity, and relationships.
Cumulatively, patience as a virtue is a testament to the adage all good things take time. It is vital for entrepreneurs to understand that success is based on a learning process, one that necessitates the involvement of patience as a motivational factor.