is said that in order
to become a successful individual in whatever endeavor you wish to
take, you must have the right attitude and characteristics.
also true with an entrepreneur. Not everyone can become an
entrepreneur. But before anything else, what is an
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
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 –
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
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
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.
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
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.
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