What are the five essential characteristics for becoming a successful businessman?

According to Zach Vaughn, the five essential characteristics for business success are being logical, patient, strategic, hardworking, and (though not fully detailed in the transcript) a lifelong learner. Being logical helps with understanding business numbers and making sound decisions, while patience is perhaps the most important trait - recognizing success takes time and persistence. Strategic thinking allows business owners to continuously evolve their approach rather than getting stuck in one way of operating. Hardworking is self-explanatory but critical, as building a successful business requires consistent effort over time.