Are you planning to put up your own business but you don’t know where to start? Or maybe you are not sure if you have what it takes to become a successful entrepreneur.
An entrepreneur is an individual who, rather than working as an employee, founds and runs a small business, assuming all the risks and rewards of the venture. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services and business/or procedures. Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to anticipate current and future needs and bring good new ideas to market.
Entrepreneurship is not for the weak-hearted or the shy. Neither is it for those who want to make things easy and it isn’t for those who want sure returns on their investments. You may be an entrepreneur at heart and you aren’t aware of it.
With these following traits and characteristics, let us discover the entrepreneur in you.
Opportunity Seeking
Do you seek opportunities for business making? An Entrepreneur seeks for opportunities and/or creates them to make things happen.
Risk Taking
Taking risks is always interconnected with business. An entrepreneur takes calculated risks, rather than the reckless kind.
Persistence and Passion
Do you get easily discouraged? Do you change your mind if people criticize you or don’t agree with your ideas? Have you had failures in the past? Entrepreneurs stand their ground in the face of negative comments or unfavorable circumstances. An entrepreneur is willing to still try and try again and learn from failures.
Commitment to Work
Do you honor your word and your promises? Do you complete and submit your work on time- in work or in school? An entrepreneur will give his utmost commitment to the task he was given and will make personal sacrifices in accomplishing such if necessary.
Demand for Quality and Efficiency
A high standard for quality and efficiency is dominant among successful entrepreneurs. They always strive for excellence and they always endeavor to do things better, faster and cheaper.
Systematic Planning and Monitoring
A successful entrepreneur does not only plan but also follows through the plan systematically, checking if the activities and expected output are going on as planned.
Self-Confidence
Do you believe you can? Overcome difficulties and problems? A true entrepreneur is one who believes in himself by starting with the premise “I can”. Self-confidence is related to the belief in the capacity of oneself to achieve things despite overwhelming odds.
Examine yourself whether you have the above-mentioned traits and discover the entrepreneur in you.
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