ENTREPRENEURSHIPMonths to result

The Hexaco Model of Entrepreneurial Traits

6 traits for success

Problem it solves

business growth stalls

Best for

Entrepreneurs and small business owners

Not ideal for

Those who are not willing to work on their personal traits

Overview

Why this framework exists

The Hexaco model identifies six key traits that are common among successful entrepreneurs. These traits include low fearfulness, low anxiety, low dependence, low perfectionism, high social self-esteem, and high diligence. By understanding and developing these traits, entrepreneurs can increase their chances of success.

Core principles

5 total
  1. Low fearfulness is essential for taking risks and pursuing opportunities.
  2. Low anxiety is necessary for managing stress and staying focused.
  3. Low dependence is critical for making independent decisions and taking action.
  4. Low perfectionism is important for taking action and iterating towards success.
  5. High social self-esteem is necessary for building strong relationships and networking.

Steps

4 steps
  1. Identify Your Traits
    Take the Hexaco personality assessment to identify your strengths and weaknesses.
    Pro tipBe honest with yourself when taking the assessment.
    WarningDon't try to manipulate the results to fit your desired outcome.
  2. Develop Your Traits
    Work on developing the traits that are essential for success as an entrepreneur.
    Pro tipFocus on one trait at a time to make progress.
    WarningDon't try to change too much at once.
  3. Build a Support Network
    Surround yourself with people who support and encourage you.
    Pro tipFind a mentor or coach who can guide you.
    WarningDon't be afraid to ask for help.
  4. Take Action
    Take action towards your goals and iterate towards success.
    Pro tipStart small and build momentum.
    WarningDon't be afraid to take risks.

Checklist

Saved in your browser

Examples

2 cases
Dane Maxwell's Story

Dane Maxwell, the author of the book, used the Hexaco model to develop his own traits and achieve success as an entrepreneur.

OutcomeHe was able to build a successful business and achieve true freedom.
Other Entrepreneurs' Stories

Other entrepreneurs who have used the Hexaco model have also achieved success and built successful businesses.

OutcomeThey were able to overcome their weaknesses and develop the traits necessary for success.

Common mistakes

3 traps
Not Being Honest with Yourself
Not being honest with yourself about your traits and weaknesses can hold you back from making progress.
Trying to Change Too Much at Once
Trying to change too much at once can be overwhelming and lead to burnout.
Not Surrounding Yourself with Support
Not surrounding yourself with people who support and encourage you can make it difficult to stay motivated and focused.

Origin story

How this framework came to be

The Hexaco model was developed through a study of 30 entrepreneurs who had achieved significant success in their businesses. The study identified the common traits among these entrepreneurs and developed a framework for understanding and developing these traits.

Source

Traced to primary
Source · BOOK
Start From Zero: Build Your Own Business and Experience True Freedom
Dane Maxwell · 2020
Open source →