Entrepreneurial Competencies and Motivation

• Leadership Entrepreneurs display their passion, vision, and mission for the business in every interaction with investors, employees, and external stakeholders
• Articulate Entrepreneurs recognize the importance of facilitating communication in all directions within an organization
• Sociable Entrepreneurs recognize that aligning the organizational approach with the unique characteristics of the business and its employees is crucial when managing people
• Adaptable Entrepreneurs must be decisive, passionate, adaptable, and willing to make change
• Collaborative Entrepreneurs know it is crucial to connect with managers, investors, partners, and stakeholders as equals.
• Multifaceted Entrepreneurs must be adaptable and multi-skilled. They must manage all business aspects, including sales, marketing, and client and stakeholder management
• Resilient Entrepreneurs embrace failure and never give up easily. They constantly seek motivation and view setbacks as chances to gain wisdom and advance.
• Innovative Entrepreneurs can grow their businesses and satisfy customers by developing new market offerings that meet the changing demands.
• Proactive An entrepreneur should take the initiative to address problems before they happen, whether about finances, branching into a new market, or benchmarking the competitors
• Risk-taker  Entrepreneurs are aware of the potential risks of starting a business and are proactive in mitigating these risk
• Creative Entrepreneurs who succeed possess a relentless curiosity that drives them to constantly explore novel concepts and prospects that evolve into profitable business ventures
• Passion Entrepreneurs' passion is a constant source of motivation and drives them to achieve their targets of revolutionizing outdated methods and introducing innovative business concepts