Characteristics of an entrepreneur

• Motivation


  The will to drive to succeed in your entrepreneurship venture
• Increasing motivation as an entrepreneur

  1. Start with small goals

  2. Dissect goals into milestones

  3. Surpass small goals or milestones to reach large milestones
• Creativity


  Helps turn ideas into real business
• Creative entrepreneur


  • Creates innovative ways to execute operations and solve challenges
  • Needs habits that encourage a creative system
• Passion


  • Motivates entrepreneurs to fulfil their goals
  • Important to love what you do
  • Entrepreneurs with passion will invest appropriate resources like time
• Networking skills


  • Crucial aspect of entrepreneurship
  • Connecting with people exposes you to partnership and collaboration opportunities
  • Facilitates access to useful business knowledge or resources
  • Allows you to meet new and potential customers
• Self-confidence


  • Belief that you can succeed and achieve your dreams
  • Helps you persevere and be persistent
  • Makes you ready to invest resources because you believe in your goals
• Improving self-confidence through visualization


  Visualize the person you want to be and the success of your business
• Industry knowledge


  • Entrepreneurs need to know about the products or services they offer and the industry in which they operate
  • Crucial to know the model customer or client for your business
  • Understand customers' needs and show them how the product or service provides value
  • Understand that customer preferences change over time
• Vision


  • The big picture of what you want to accomplish as an entrepreneur
  • Fuels your efforts and motivates you to achieve more
  • Defines the purpose and culture of your business and gives it an identity
  • Entrepreneurs rely on their vision to motivate their employees and other stakeholders to work towards a shared goal
• Optimism


  • Helps entrepreneurs remain positive and focus on progress
  • Supports dreams and plans
  • Fuels creativity as an optimistic entrepreneur focuses on finding new ideas to improve their products, services and operations
• Developing optimism


  View challenges as growth opportunities rather than as problematic situations
• Risk taking


  • Common characteristic shared by all entrepreneurs
  • They make calculated decisions and plan for the unknown to launch and succeed in their business ventures
  • An entrepreneur with sound risk-taking abilities considers the journey as a learning process
  • Acknowledge the possibility of failure and learn to use it as motivation to keep going
• Goal mindset


  • Entrepreneurs understand what they want, set goals and work to achieve them
  • Determination inspires colleagues' trust and helps overcome potential challenges
• Achieving a goal-oriented mindset


  Identify what you want to achieve and clarify your vision
• Persuasiveness


  • Entrepreneurs have full knowledge about their businesses and know how to explain their business to the audience
  • They need persuasion skills to convince the audience to believe in their business
  • Improve persuasion skills by learning about customers and adapting to their needs and personality