Skills, Traits, And Characteristics Of A Successful...

Skills, Traits, and Characteristics of a Successful Entrepreneur Anonymous Author University of the People Entrepreneurship 1 3303 Abstract Skills, traits or characteristics are essential ingredients in being a successful entrepreneur. Although these ingredients are numerous, an entrepreneur should develop the ones that are relevant to becoming successful. This paper will first examine skills, traits, and characteristics that are more important to have as an entrepreneur. Then, we researched and explored entrepreneurs who co-founded an intriguing online business that has gravitated to other countries and finally, we examine how they started the business and what they are doing to remain successful in their entrepreneurial venture. Skills, Traits, and Characteristics of a Successful Entrepreneur Which of the skills, traits or characteristics of entrepreneurs do you think would be the most important to have? There are numerous skills, traits, and characteristics of entrepreneurs that would be most important to have. However, while it may not be necessary to have all to be a successful entrepreneur, the following skills, traits, and characteristics would be the most important to have. Personal Characteristics: Under this category, it would be important for an entrepreneur to have optimism, the hopeful feeling that all is going to turn out well. An entrepreneur should have a vision, the ability to envisage a compelling future and articulate it to others. AnShow MoreRelatedOverview of Entrepreneurship1418 Words   |  6 Pagessuch as labor, land and capital in order to realize profits. An entrepreneur is any person with the ability to manage, assume the risk, and conduct business in order to gain profits. An entrepreneur can identify opportunities, combine locally available resources, and make a plan to start a business. In simple terms, an entrepreneur is someone who can create value in resources. Entrepreneurship is a day-to-day activity where an entrepreneur regularly comes up with new ways of doing business and creatingRead MoreCharacteristics of Successful Entrepreneurs1015 Words   |  5 PagesCharacteristics of successful entrepreneurs An entrepreneur is someone with the capacity to lead a business to success and is willing to take the risks in order to accomplish their goals. (Dollonger, 2002). Starting a new business is an example of entrepreneurship. Entrepreneurs are very important in order for any business to succeed, however, only some entrepreneurs will succeed in life. Here are some of the characteristics of successful entrepreneurs. Passion Most successful entrepreneurs are haveRead MoreThe Term Entrepreneurship 1558 Words   |  7 Pagesinterpreted in different ways. 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Zulkifli (012012051643) 2) Khoo Chee Hong (012012050692) CONTENT 1) Introduction 2) Profile / Background of the entrepreneur 3) The success characteristics / traits of the entrepreneur 4) How should I imply his / her success attitude to improve my personal development / my life ? 5) Conclusion INTRODUCTION EntrepreneurshipRead MoreTraits and Skills Theory: A Doctoral Learner Comparison Approach in Understanding Leadership Traits and Skills1288 Words   |  6 Pagesï » ¿ Traits and Skills Theory: A Doctoral Learner Comparison Approach in Understanding Leadership Traits and Skills Patricia Faison Grand Canyon University LDR 802 August 21, 2013 Traits and Skills Theory: A Doctoral Learner Comparison Approach in Understanding Leadership Traits and Skills Two empirical research studies were compared in the comparison matrix. The articles were located in the Grand Canyon University library. Article one written by Connelly, et alRead MoreDifferent Empirical Research Studies From The Book The Grand Canyon University Library By Baum And Locke1173 Words   |  5 PagesEntrepreneurial Traits, Skill, and Motivation to Subsequent Venture Growth.† Article two written by Connelly, et al. (2000), is entitled: â€Å"Exploring the Relationship of Leadership Skills and Knowledge to Leader Performance.† Article one contributes to the dread of personal characteristic and the effects they may have on entrepreneur, was to examine military leaders, and civilian leadership skills which are critical to being a successful leader. Article two examines leadership characteristics and capabilitiesRead MoreCharacteristics of a Successful Entrepreneurial Management Team1290 Words   |  6 Pagesâ€Å"All the world loves an entrepreneur†. They are role models for kids, they are perceived as being honest, bright, hard-working and successful. People want to be entrepreneurs; policymakers are busy trying to find, encourage and grow entrepreneurs because of their positive effect on jobs and productivity. Greg Watson (2011) writes, â€Å"The entrepreneurial mind thrives in environments of uncertainty, diversity of culture, talent and opportunity. These three areas of characteristics provide broad insightsRead MoreEnterprise, Entrepreneurship And Intrapreneurship. Enterprise1638 Words   |  7 PagesIntroduction Entrepreneur came from the French word called ‘Enteprendre’, which means ‘to undertake’ when translated into English and that is what entrepreneurs basically do. This report not only discusses what entrepreneurship is but also the different methods an entrepreneur can use to develop a business and how a new/fresh business can help the economy and third world countries too. This report explains what can go wrong within a business and what sorts of misconceptions there are, and if they’reRead MoreThe Practice Of Entrepreneurship Through Time And The Global Enterprise1642 Words   |  7 Pages2011). The entrepreneur exudes behaviors which foster initiative, orchestrate options, and accept responsibility for the success or failure (Arthur Hisrich, 2011). Entrepreneurship has transformed the global marketplace and imprinted all disciplines. Therefore, a balanced discussion on identifying features, characteristics, and venues of consequence for an entrepreneur will drive the direction of this analysis. Identifying Personality, Social, Cognitive, Behavioral Features The skills and abilities