Learn The True Characteristics Of An Entrepreneur
- Date: 2008-09-22 - Word Count: 512
Share This!
According to one definition, an entrepreneur is someone who finances or initiates a certain business undertaking. If you too would want to become a businessperson, you have to possess the characteristics of an entrepreneur.
What are the characteristics of an entrepreneur? Are they really important? Well, of course the characteristics are important because if you don't possess them, you will have lower chances in terms of business success. The characteristics are as follows -
1. Risk taker - this is a very important characteristic of an entrepreneur. If you're not willing to take any risk, then you will not succeed as a businessperson. In the everyday course of the business, you will encounter a lot of problems and challenges which you need to decide the soonest.
Some risks are worth taking after careful evaluation especially if it's for the good of the business. If you're not a risk taker, then you're not an effective entrepreneur and you're bound to fail in your business undertaking.
2. Smart - being smart is another characteristic of an entrepreneur. You have to be clever, keen, and witty in all your business dealings. You have to show mental alertness and intelligence so that you can win the respect and trust of customers and other clients.
3. A leader - leadership is a characteristic that is hard to find among individuals. Not many individuals have the nerve to take the lead. To become a good entrepreneur, you must be a leader. Some say that this is a born characteristic but if you don't possess it, you can also learn to become a leader.
You're quite lucky if you're a born leader because you only have to develop your other qualities and use them when you choose to become an entrepreneur. As a leader, you should be able to guide, influence, and direct people. This way, you can handle all your business activities with ease and fewer worries.
4. Inner passion for business - another important characteristic is having the right passion for business. You have to maintain your enthusiasm and interest in the business. As long as you have the right drive and passion, you can run the business for a long time.
5. Honest and trustworthy - some say that eighty percent of an entrepreneur's time is dedicated to pooling and attracting customers. This may be true because without the customers, the business will not exist. You have to be honest and trustworthy so that you can develop good will.
There are other characteristics that an entrepreneur should possess. These characteristics help him or her do all the business responsibilities and obligations that need to be done.
These are also the keys to business success. If you want to finance a certain business venture and run the business yourself, you should develop these characteristics. Without them, your business will soon fail and you will suffer the losses.
Be thankful if you already have the characteristics of an entrepreneur. All you need to do now is to study the market carefully, think of a good business venture, and provide for the capital and you're all set.
What are the characteristics of an entrepreneur? Are they really important? Well, of course the characteristics are important because if you don't possess them, you will have lower chances in terms of business success. The characteristics are as follows -
1. Risk taker - this is a very important characteristic of an entrepreneur. If you're not willing to take any risk, then you will not succeed as a businessperson. In the everyday course of the business, you will encounter a lot of problems and challenges which you need to decide the soonest.
Some risks are worth taking after careful evaluation especially if it's for the good of the business. If you're not a risk taker, then you're not an effective entrepreneur and you're bound to fail in your business undertaking.
2. Smart - being smart is another characteristic of an entrepreneur. You have to be clever, keen, and witty in all your business dealings. You have to show mental alertness and intelligence so that you can win the respect and trust of customers and other clients.
3. A leader - leadership is a characteristic that is hard to find among individuals. Not many individuals have the nerve to take the lead. To become a good entrepreneur, you must be a leader. Some say that this is a born characteristic but if you don't possess it, you can also learn to become a leader.
You're quite lucky if you're a born leader because you only have to develop your other qualities and use them when you choose to become an entrepreneur. As a leader, you should be able to guide, influence, and direct people. This way, you can handle all your business activities with ease and fewer worries.
4. Inner passion for business - another important characteristic is having the right passion for business. You have to maintain your enthusiasm and interest in the business. As long as you have the right drive and passion, you can run the business for a long time.
5. Honest and trustworthy - some say that eighty percent of an entrepreneur's time is dedicated to pooling and attracting customers. This may be true because without the customers, the business will not exist. You have to be honest and trustworthy so that you can develop good will.
There are other characteristics that an entrepreneur should possess. These characteristics help him or her do all the business responsibilities and obligations that need to be done.
These are also the keys to business success. If you want to finance a certain business venture and run the business yourself, you should develop these characteristics. Without them, your business will soon fail and you will suffer the losses.
Be thankful if you already have the characteristics of an entrepreneur. All you need to do now is to study the market carefully, think of a good business venture, and provide for the capital and you're all set.
Related Tags: business, at home business, business entrepreneur, based business business home opportunity, best home business opportunity, american entrepreneur, becoming an entrepreneurbest home business idea, business and entrepreneur
Anthony HorneG.D.I. Sales Affiliatewww.website.ws/iron1/showwww.dreamteamformula.com/biz/iron1website.ws/kvmlm2/ws.dhtml?sponsor=iron1&template=5 Your Article Search Directory : Find in Articles
Recent articles in this category:
- Work At Home Mums: Making Time For You.
I questioned if this subject would be worthy of a complete article, however it's an vital factor in - Property Investing 7 Reasons Why Now Is A Good Time To Invest
Conventional wisdom has this to say about property investing; the best time to invest in property is - Chocolate Gifts: The Perfect Corporate Gifts For Your Colleagues
It's always a good feeling to give messages of thanks to your colleagues who helped you finish that - Singapore Company For Foreign Entrepreneurs And Business Entities
There are three unique types of Singapore company that have been specifically created for foreign en - Important Objectives Of Packaging
The function of packaging is not simply only physical protection but also marketing, barrier protect - Establish Your New Global Web-based Enterprise Right Now
This is the perfect point in time to set up your global web business.The Internet business field is - The Ups And Downs Of Entrepreneurship
There are two kinds of entrepreneurs. First, there is the entrepreneur that is commonly associated w - Problem Of Funds To Start A Small Business
If you are determined to do some business on your own rather than doing office work in other people' - Do Business Tactfully Incorporating Third Party Logistics!
If you are an experienced entrepreneur, then you can certainly value two major factors; quality work - Home Stagers Can Work As Much Or As Little As They Wish
Many Staging Diva Graduates start out as part-time home stagers because they simply can't afford to
Most viewed articles in this category:
- Starting A Day Care Center Can Be Profitable When Following These Five Ingredients Of Success
The demand for child day care in the US is rising. This is due to many factors including but not lim - Being an Entrepreneur
I have never been the conventional type. I always did something different from everybody else. I jo - It Takes a Decision To Succeed
I am truly amazed at how often I hear people talk about what they want and yet when I ask them if th - A Business Plan-Do You Need One?
There are several uses for a business plan, and each requires the plan to be written somewhat differ - Art Therapy: Array your Art Workshop at Work
There is so much going on in the world today. President Bush is moving things around in Washington. - Proven Income Opportunity Success Stories
There are alot of scams out there claiming that they have a proven income opportunity. I totally agr - Sometimes You Have to Abandon the Experts, Theories and Books and Trust Your Intuition
As the coordinator for the online think tank often we get into debates with experts and Ph.D.'s abou - Mums - Park And Ride Your Way To A Second Income
Have you ever noticed that when you are in a hurry to catch a bus there never seems to be one? Or pe - How to Protect Yourself if Your House Value Drops, or Your Income is Lost - Part 2
Robert Shiller, is the author of the runaway bestseller, Irrational Exuberance. Shiller has recently - Home Business Solutions for Earning a Residual Income
Starting a home business is a huge step. Maybe you want to earn an extra income, extra spending mone