Five Skills You Need to Succeed in Business

Memorizing the alphabet is considered one of the first skills children should learn. While you don’t need to know ABCs to succeed in business, there are many other skills that help determine your fate as an entrepreneur.


Success at any career or company hinges on more than just intellect; it depends on strategic thinking and determination. It involves developing five types of skills you can use to propel yourself to success both personally and professionally.

Sophia Germer, founder of The MINT Lab (a creative consultancy firm) explains how these five key areas play a crucial role in determining how successful you’ll be in your career.

1. Communication Skills –

Communication plays a part in every single interaction you have in an organization. The way in which you deliver your message, the tools that you use to communicate, and the speeds at which you can execute are all factors that demonstrate your communication skills.”

2. Creativity –

“Creativity is another essential skill to succeed in business,” Germer explains. “Being able to come up with innovative solutions will help elevate your career by helping solve problems for clients or simply promoting yourself within the company.”

3. Curiosity –

Curiosity comes in many forms; it could be inquisitiveness about a project, asking questions on how a certain task is accomplished, or demonstrating interest in what others do for their jobs. You can also show curiosity through active listening by communicating feedback and support during meetings with peers and executives.

4. Critical thinking –

“Critical thinking is the idea that you can look at a problem or process and solve it in more than one way,” Germer adds. That means it’s important to think about why certain actions need to be taken, not just how they should be carried out. Additionally, critical thinking helps to ensure accurate results so businesses avoid wasting their time completing unnecessary tasks.

5. Collaboration –

Collaborating with peers helps companies produce better results by allowing workers to brainstorm ideas that can potentially lead to innovative solutions for any number of problems. “It also fosters relationships with colleagues which will help you advance your career because people tend to hire those they know and like,” Germer says.

Here are some FAQs recently asked about the Five Skills You Need to Succeed in Business:

What is an example of a skill that would fall into each category?

Communication skills include effective verbal and written communication using email, telephone calls, face-to-face meetings or even writing proposals. Critical thinking is about asking questions in order to find holes in processes or reasons not to take on something. Creativity can come up with new ideas, generate solutions for problems by brainstorming with others, taking risks within the company, and working outside of typical parameters. Curiosity helps ask open-ended questions rather than leading questions so information is collected for better understanding. Collaboration is essential in every industry because it’s how teamwork operates best.

Do you think it’s important for individuals to develop these skills?

It’s crucial because employers will attract your willingness to build on your professional strengths and continually take courses or go back to school.

-Effective communication is key to success in business, especially since the majority of businesses operate mostly through verbal or written communication.

-Creativity can help not only promote your work within the company but also elevate the company’s image as well, which could potentially help it gain more clients and credibility both financially and socially.

-Critical thinking is very important because employers want employees who are problem solvers; critical thinking shows that you can find insight into any issue or problem. So they will think highly of you due to your intelligence and potential for growth within their organization.

Curiosity helps show how proactive you are about learning new skills. That may be in need of certain positions and challenges, which will help you stand out from the competition.

The collaboration demonstrates your ability to work well with others and thrive in a team environment. Because employers want employees who can bring different ideas and opinions when there is a problem that needs solving.

Do these skills apply to every industry?

All of these skills are important but critical thinking, collaboration and curiosity may be more useful. In some industries than others. Creative thinking would be helpful for technology companies such as Google or Apple. Where they could use creativity to design something revolutionary in their field”. Critical thinking is very important in any job regardless of the industry since it’s vital for finding solutions for problems or potential risks involved in any project or process.

-Curiosity is great for anyone in any industry. Because it teaches you to ask why questions when there are issues needing solutions.

-Collaboration works well in most industries because teamwork brings fresh ideas and opportunities. That can expand the scope of what you’re involve in, allowing your work to benefit much more.”


This Five Skills You Need to Succeed in the Business article was written. To share the importance of these skills with you, so that you may develop them.