Tuesday, October 6, 2020

Best Personality Types for Business

Entrepreneurs, especially company founders like Larby Amirouche, often are the first employees so the human resource department can’t determine their bosses actual personality type.

CEOs, founders, business owners set the tone and the company culture therefore their personalities translate into types of companies they build.

However, this list of personality types from Larby Amirouche is just based on observation and maybe coincidence, you can still chase your business dreams regardless of your personality.


Why Your Personality Type Matters For Business?

First of all, you drive your business to success so it is important to understand your personality.

Knowing more about your personality helps you to understand why you think and act in a particular way. Your personality also influences the choices you make like your career path and business decisions.

Also, Forbes agrees that Myers-Briggs personality type vastly impacts a person’s career trajectory. Overall, your personality can impact your business, especially if you’re the key decision maker.

What is Myers-Briggs Type Indicator (MBTI)?

This is perhaps one of the most known personality tests. It is often used by companies to make sure they onboard the right candidate.

Because it is widely used, it is often criticized by its people. Many have called it “unscientific”, “a joke“, and some even question the result of this test.

However, more than 2 million people still take the test every year. That alone is hard to argue with.

MBTI proposes a personality typology covering 16 personality types. Each type is the result of your answers to 93 questions that rate your preference on 4 opposing pairs of personality traits. How you rate in each of these traits wins you a 4-letter code.

E = Extraversion or I = Introversion;

S = Sensing or N= Intuition;

T = Thinking or F = Feeling;

J = Judging or P = Perceiving

Overall, you can have a total of 16 combinations. Each of these types stands for an unique personality. Some are more frequent than others. Of all 2 million testers every year, the rarest is INFJ, followed shortly by ENTJ. The most common are ESFJ and ISFJ. The rarest by gender is ENTJ, there are only 0.9% ENTJ women.

At the end of the day, whether this test is scientific or not, it will help you and serve as your guide in learning more about yourself.

It will also let you know what personality traits the successful entrepreneurs you admire have.

Larby Amirouche On Best Personality Types for Business

Based on several tests, it turns out that ENTPs, ESTJs, ENTJs, INTJs, and ISTJs are the most common personality types for entrepreneurs and business owners.

Here we will share to you why CEOs, business owners, and founders have these personalities.

ENTP (Extrovert, Intuitive, Thinker, Perceiver)

Most probably, this is the most stereotypical personality type of leaders and entrepreneurs. Well, you can’t spell “entrepreneur” without “ENTP.”

This type of entrepreneur loves leading and being in the limelight. They are curious and creative. ENTPs love to question things and come up with original, innovative ideas that they can’t wait to turn into reality.

On the downside, their drive to act fast can tend to leave others in the dust.

Based on the tests conducted, there are significantly more male ENTPs than female.

A famous ENTP entrepreneur is Walt Disney. Everybody knows him and until now the empire he built is being enjoyed around the world.

Some of the recommended business ideas or field of expertise for ENTPs are coaching of any type, IT analyst, management consultant.

ESTJ (Extrovert, Sensor, Thinker, Judger)

ESTJs are among the most successful types of entrepreneurs. They can create a structure from chaos. To top that, they have an amazing aptitude at performing mental tasks.

They are also often called the “By The Book Entrepreneurs” because of their organizational and structural skills and personality.

ESTJs make decisions based on facts, details and logic. Their tendency toward structure makes them incredibly organized, and their preference for extraversion makes them great leaders and supervisors.

Entrepreneurs with an ESTJ personality don’t let any details slip through the cracks. However, they have trouble expressing their emotions and can be seen as uptight by their employees.

An entrepreneur with an ESTJ personality is Jeff Bezos, CEO of Amazon. Do we still need to explain how successful this man is? He is just the current richest man in the world.

If you have the same personality, some of the professions you can take are financial consulting, management consultant, and sales copywriter.

ISTJ (Introvert, Sensor, Thinker, Judger)

This is the counterpart of ISTJ. These people are often the most reliable person in the room.

They can be found maintaining social order and meeting the very high standards they set for themselves. ISTJs love taking extreme ownership of whatever tasks are given to them.

ISTJs are smart and loaded with integrity, they value predictability over imagination. They are also hardworking and persistent, oftentimes they work to the point of exhaustion to get the job done.

These business owners often choose careers in banking, bookkeeping, accounting and business services.

ENTJ (Extrovert, Intuitive, Thinker, Judger)

ENTJs are bold and innovative leaders who know how to find and take full advantage of opportunities offered to them.

They are essentially the highly effective leaders and among the types of entrepreneurs, they’re the rarest personality type. Also, ENTJs are most likely to think of options in face of obstacles and they implement the right solutions fast.

This type of entrepreneur gets a lot done thanks to their unique combination of analytical prowess and drive.

However, the negative side of ENTJs is their forcefulness and ego.

Steve Jobs is one of the rare ENTJs. He is the co-founder and CEO of Apple Computer.

INTJ (Introvert, Intuitive, Thinker, Judger)

This is the counterpart of ENTJ and they are also called “The Inventors”. INTJs value strategy, logic, and structure above all.

They are imaginative, decisive and curious and oftentimes they are recognized as bookworms.

They are introverted, thus, these people are private in their studies and are fueled by mastery of their craft. But once they’ve built or created something they’re proud of, they can’t wait to share it with others.

These entrepreneurs prefer to start out small and slowly prove their success before they expand.

This analytical mindset of an INTJ could be perfect for more technical work like software development. A famous entrepreneur with an INTJ personality is Elon Musk.

Final Thoughts

For a successful entrepreneur, CEO, and founder of his own company, Larby Amirouche thinks that there is no personality type that is the “right” one to be as an entrepreneur.

Larby Amirouche thinks that your ability to serve clients well and change with the market will most heavily impact your success in your chosen field.

Originally Posted: https://vocal.media/journal/larby-amirouche-on-best-personality-types-for-business-mbti

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