is recognized as a person having a special skill at the same time a person providing others for motivation.
An innovator
who engages himself to innovate new varieties of products, explores new markets horizons, and introduces new technique of production and methods of reconstruction of industries.
Providing completeness to the factors of production
an entrepreneur procures necessary resources from various sources for the purpose of production and by utilizing them he provides completeness to the factors of production.
Decision-making person
Is such a person who is endowed with a power to make a proper decision as regards the establishment of a business
A man of creative personality
he is known as an employer who makes optimum utilization of economic resource and thus carries on productive activities.
A pioneer of economic development
is the owner, employer, producer, market-creator, decision-maker, risk-taker, coordinator, and user of market information, creative individual, and innovator.
Dynamic leader
he provides proper motivation to his workers by means of leadership so that the workers can give their best efforts to the interest of the organization.
Risk-bearer
It is that an entrepreneur must bear the various risks concerning the enterprise.
Self-confidence and ambitious
In the opinion of john Hornaday, one of the important features of an entrepreneur is that he should be self-confident as well as ambitious.