Characteristics of Entrepreneurs
What is an entreprenuer?
To become a good entrepreneur you will need to be...
Risk taker; Don't be scared of failure and take risks
Determined; Try your hardest to succeed and do not give up despite what others will say
Organised; Know what you need to do next to succeed
Patient; Know that it will take time and be able to deal with a slow process at first
Vision; Can see what needs to be improved and has an idea of your future
unselfish; Don't do it for the money because you wont make much profit at the start
Leadership; be able to motivate yourself and others
Communication; Be able to sell and talk with investors
Set goals; Create a plan to achieve them
Entrepreneurs need to be organised so they can understand and know what they need to do next as it will help create a successful business, planning ahead.
They need to be optimistic because if they aren't they wont believe that their business will be successful so may as well not try and if they don't believe then customers/buyers wont either.
Leadership will help them keep control of their business and lead employee's to make the right decisions when their is trouble.
Having an idea of what you want to achieve will make you more a wear of what you need to do so it is a good skill for an entrepreneur to have.
Patience is a good skill because if you rush you may end up making the wrong decisions leading to the failure of your business.
Risk taking may be scary for some entrepreneurs but if you take a risk in an investment the result may be good so sometimes you may have to take a risk.
Determination is a key skill because with out it your business will go no where because if you are not determined to make it successful it most likely wont be.
Setting goals will help you gradually improve your business and know what the next step is, so an entrepreneur who has this skill will be ambitious to achieve their set goals.
If you become an entrepreneur for the money it may not work and could end up with a loss so being unselfish is a good skill