PERSONAL QUALITIES OF AN ENTREPRENEUR

CONTENT

1. Meaning of Entrepreneur
2. Personal Qualities of an Entrepreneur

Meaning of Entrepreneur

The entrepreneur is commonly seen as an innovator-a generator of new ideas and business processes. Management skill and strong team building abilities are often perceived as essentials leadership attributes of successful entrepreneurs.

Personal Qualities of an Entrepreneur

The following are the personal qualities of a successful entrepreneur:

(i) Discipline: Successful entrepreneurs are disciplined enough to take steps every day toward the achievement of their objectives. They focuses in making their business work and eliminate the hindrances or distractions to their goals.

(ii) Confidence: The entrepreneurs does not ask questions about whether they can succeed or whether they are worthy of success .they are confident in their knowledge that they will make their business succeed.

(iii) Open-mindedness: Entrepreneurs realized that every event and situations is a business opportunity. Ideas are constantly being generated about work flows and efficiency, people, skills and potentials. They are ready to accept changes in line with the goals of their business.