The modern economy changes rapidly, so every entrepreneur should know how to adapt and take advantage of unexpected small business opportunities and obstacles. The upheaval of 2020 showed many business owners just how resourcefulness can help them thrive in challenging circumstances. Cultivating certain qualities will help you stay flexible and turn difficulties into the next exciting phase of your business.

What Resourceful Business Owners Have in Common

1. Open-Mindedness

When unexpected situations arise, the most successful entrepreneurs consider a wide range of possibilities. Turning a challenge into a small business opportunity may involve drastic changes, such as targeting a new market or adjusting a marketing plan. Keeping an open mind and understanding that changing times may require a new approach can help your enterprise keep growing.

2. Self-Assuredness

Adjusting to change and striking out in new directions takes a certain amount of confidence in your organization and yourself. Business owners who don’t believe they can overcome obstacles and effectively adapt are more likely to hold onto practices that worked in the past. To succeed, you have to believe that every problem has a solution, and you’re capable of finding it.

3. Creativity

Along with confidence and the ability to accept new ideas, you’ll also need the creativity to identify potentially obscure solutions. For instance, you might need to use existing assets in new ways or adjust your services to make them useful in a shifting environment. Out-of-the-box thinking is always an important feature for entrepreneurs, but it can be essential in situations that require resourcefulness and adaptability.

Since 1947, South Fulton Chamber of Commerce Inc. has provided small business opportunities and resources to entrepreneurs throughout East Point, College Park, Hapeville, Union City, Fairburn, Palmetto, Chattahoochee Hills, the city of South Fulton, and Southwest Atlanta communities. Along with training and networking events, they also work to connect entrepreneurs from a variety of industries, helping promote growth and create synergy in the business community. Visit their website for more on their small business opportunities, follow their Facebook for updates and tips, or call (770) 964-1984 to learn about the benefits of membership today.