Becoming An Entrepreneur

By: Donovan Waldrep

What is an Entrepreneur?

An Entrepreneur is someone who takes a risk in starting a business to earn a profit. An Entrepreneur can be anyone. Most Entrepreneur are really young.

What characteristics should an Entrepreneur have?

Entrepreneurs should be persistent, inquisitive, energetic, goal oriented, independent, self-confident, creative, reliable, and competitive! Entrepreneurs should also have good problem-solving skills, tolerance for ambiguity, strong integrity, personal initiative, ability to secure resources, capability to learn from failure, and the willingness to work hard!

Starting a new business?

Nearly one in ten of all Americans 18-64 years old is involved in some type of entrepreneurship! Over a 10-year period, more than 50 percent of all new businesses are discontinued! Over 60 percent of new jobs were created by small businesses!