Everyone has the propensity to work within the framework of their personality type, either as an extrovert or introvert. Fortunately, there is no reason why either type can’t be successful in any given field. Although it can be difficult for an introvert to speak in public, through practice and repetition the performance can approach world-class, although the anxiety may never fully subside.
In his book, The Dhandho Investor: The Low–Risk Value Method to High Returns, Mohnish Pabrai coined an investment approach known as "Heads I win; Tails I don't lose much." Q3 2021 hedge fund letters, conferences and more The principle behind this approach was relatively simple. Pabrai explained that he was only looking for securities with Read More
Extroverts are typically very charismatic leaders and show a subsequent talent for networking. Since the vast majority of people agree networking is one of the best ways to build, strengthen and maintain business relationships, this is great news for extroverts. If you are an introvert looking to attend a networking event or giving a presentation in front of a large audience, you should arrive early and have your talking points prepared.
Introverts can use their strengths in self-motivation and creativity to build amazing companies. Some of the best thinkers and entrepreneurs in history have been introverted. Extroverts, on the other hand, might find it difficult to listen actively since their levels of focus are not as fully developed. Managing impulses and focusing on active listening can be great ways to improve your business acumen as an extrovert.
There is no doubt that every personality type has strengths and weaknesses that must be balanced. If you want to learn more about how your personality type can impact your small business, check out this visual from our friends at Fundera.
Infographic source: Fundera