Below are 5 points generalized across all the cohorts in The 150, representing our entrepreneurial members.

1. They find ways past the obstacles

If you're serious about your business and want it to survive, then you have to find a way past your obstacles - even when the odds seem stacked against you. The successful entrepreneurs we know all had chances where they could have, maybe should have given up, but they persisted. They asked for outside perspectives, encouraged dissent and had an ability to rethink their positions.

2. Stress is managed

Life's tough - and it can be even tougher if you're running a business. But being able to keep calm in the face of problems is an essential element of long-term success, whether you're planning how to grow your company, dealing with a potential legal issue or just trying to iron out a crease in your accounts. The best among us managed the most stressful times in a myriad of ways including meditation, proper diet and exercise, time-boxed work schedules.

3. They rarely use jargon

The most successful had a reputation for being clear and direct when they communicate - and that's because they avoid jargon wherever possible, sacrificing long-winded words for short, simple ones so their meaning is absolutely crystal clear. People should be able to understand what you're saying instantly - and if they can't, you're not communicating effectively.

4. They never expect things to go right first time

If your business succeeds, it's because you've learned from each and every mistake and failure - and this doesn't just mean when things go badly wrong. Successful entrepreneurs know that success doesn't come without hard work and never expect things to go right first time. If you're not prepared for problems, you'll never know how to deal with them.

5. They never stop learning new skills

The world of business is constantly evolving and it's vital for your company's success that you stay up-to-date on the latest trends and new technologies. In fact, successful entrepreneurs never stop learning new skills and knowledge - if they do, you won't be able to stay ahead of your competition.

About the Author George Morris

Let's cut right to the chase. I've been an entrepreneur for 20+ years and along the way I've found a deep passion for helping other entrepreneurs connect, grow their businesses and most importantly, grow as individuals. I'm a Scaling Up Business Coach and Lead Facilitator for The 150.