What are the qualities of the successful Entrepeneur?

Answer 1

Books, scholarly and peer-reviewed journals, articles and online sites have defined the qualities of a successful entrpeneur. They have renderd and elaborated different characteristics and attributes. But summing up, these could be classified into the following generalizations: 1. An entrepeneur must be a risk-taker. A businessman must always have the confidence and the guts to pursue a venture that he believes would push through and flourish. He cannot be risk-averted, for it could take its toll on the opportunities that he will miss. 2. An entrpeneur must think critically. A thorough analysis and study of the industy and the business environment. In this way, he could identify the trends and the current status of the industry that he wishes to pursue or join. Matched with his risk-taking attitude, certain success awaits him. He should think, always, "outside-of-the-box." 3. An entrepeneur must have a wide network of contacts. He must have numerous connections with other entrepeneurs, so as to expand his horizons and discover further business opportunities. 4. An entrepeneur must know how to rise again when he stumbles. Failure is not the end of the game. Instead, it should be considered as a challenge and as the start of another business chapter. Through failures, one learn to cope and recover, as experience is gained at each circumstance. 5. An entrepeneur must be persistent and resourceful. Just like the foregoing attribute, he must learn how to stand up from a fall, muster enough courage to recover and face the business fray once more. IN the process, as he perseveres, he is also ought to discover, invent and devise ways on how to correct his previous mistakes and so prevent them form recurring. These are just some of the characteristics that successful entrepeneurs have. Almost all business references also have these, we just have to understand and apply the lessons that we read.

Benedict David, MBA Here are my thoughts on the qualities of a good entrepreneur.

* High levels of optimism and confidence * Vision and passion in their dreams and convictions * Surround themselves with other like-minded people * Highly resourceful, creative and inventive * Seize opportunities and create their own whenever possible * Know what motivates them and have a strong sense of personal identity * Spend a substantial amount of time on introspection and self-discovery * Refuse to let other people dictate how they should live * Take responsibility for their happiness * Spin challenges into their greatest motivators-and sometimes biggest advantages