Friday, November 15, 2024

LEARN QUALITIES OF AN ENTREPRENEUR

ENTREPRENEUR

Learn Qualities of an Entrepreneur- An entrepreneur can be defined in many ways, but all of them tend to say the same thing, that is an entrepreneur is: “Someone who initiates a business by taking a risk” and also who invests his time and solves problems.

The job of an entrepreneur is particularly very demanding and it requires a lot of qualities, knowledge, know-how, and expertise.

Modern Entrepreneurs  are considered as problem solvers, As they identify the  problems root like in the market, in the  economy and try to solve it through technology, or by  some other processess. As  a result of that they initiate  an  enterprise, which can be a profit making Enterprise.

 

QUALITIES OF AN ENTREPRENEUR

In order to organize and run it successfully , an Entrepreneur must possess qualities of a very high order, like

 

26 Qualities of Successful Entrepreneurs

AN INITIATOR

 An entrepreneur must be an initiator, Someone who “begins something” or in other words “executes an idea”.

He has to be decisive and bold enough, having leadership qualities & taking decisions. Creating enterprise by coming up with the idea for the business and planning out how to turn that idea into a reality.

 

GOOD ORGANIZER

Organizing skill are very important . An entrepreneur has to be a good organizer and keep the things well organized at a personal level and also at a professional level and  able to maintain every thing in format and style.

 

GOOD JUDGE

He has to be a good judge and clear about his span of control.

 

RISK TAKER

An entrepreneur must be a risk taker, because there is always a chance or probability that things might go wrong. There is always a chance of ups and downs in a business.  He must have the courage to face them. He must take advantage of the favorable opportunities.

 

AN INNOVATOR

In this Race of Entrepreneur’s creativity is very important .No one likes the boring concepts. So, he has to be innovative and keep bringing new creative ideas and methods.

 

AN ALLOCATOR

The entrepreneur is responsible for hiring an efficient staff to help him carry out his business. This is important because a good manager can take a business to new heights, while a bad manager can destroy the business.

For a more efficient functioning of the enterprise, Entrepreneur is responsible of creating an organizational structure.

 

SKILLED MARKETER AND HAS GOOD LEADERSHIP QUALITIES

An Entrepreneur has to be skilled marketer or seller and has good leadership qualities to lead, control and motivate the mass.

As if you have a habit of pitching and selling to every one like a person sitting right next to you in an aircraft, in a bus or in taxi. You’ll be selling every one and every day and that’s make you an entrepreneur.

 

ENERGETIC

An Entrepreneur has to be energetic, as if you have high energy tou will be able to perform more tasks in a day than others.

 

PHYSICALLY AND MENTALLY FIT 

An  entrepreneur has to fit physically and mentally both, because it is very stressful job, so if you are not fit you will not be able to perform  well.

 

Learn Qualities of an Entrepreneur- The Learning circuit

Also see:

http://thecircuit.live/category/the-learning-circuit/

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