The following are the psychological/cognitive process I believe that people with a good business sense have-
- Always calculate opportunity cost while making decisions.
- Visualize their goals and use their intuition– empathize very well- understand minds- traits and skills.
- Always Hungry/greedy for more. Believe in the concept of abundance.
- Being contact/connection conscious-always checking on who they know from what field. Crazy about networking.
- Always knowing their competition– in the immediate environment initially but, expand to global competition later. Hindsight and observation skills are superior.
- Trying to come up with as many original ideas-looking for monopoly, or a first mover advantage in the market.
- Learn concepts which can be practically applied- learns through deep level processing.
- Street smartness- can see through the inconspicuous. Can figure out how stuff is happening around them.
- Constantly think about expansion of empire/influence/power.
- Macro social intuition: understanding markets, the world and its functioning (cause and effect).