What is an entrepreneur?
An entrepreneur is a creative and innovative person who assumes risk in the pursuit of new ventures.
What skills and experience do you need to be an entrepreneur?
In order to be successful, an entrepreneur does not have to possess the skills and experience they need to pursue a particular venture, they regularly choose to collaborate with people who possess the relevant skills and experience. Alternatively, they educate themselves to attain the relevant skills and experience.
In order to be successful, an entrepreneur does not need to know all the answers and control all the resources relevant to the venture. What they do need is to understand is what they are going to need and when they are going to need it. They organise the people and resources required to achieve the desired results.
What are the characteristics of an entrepreneur?
A successful entrepreneur has a high level of confidence in themselves and their abilities...and confidence is power. They do not have fear of failure and they are usually charismatic people, this is a necessary trait to motivate people and gain support for their ventures.
Entrepreneurs generally are motivated by passion and they are driven by accomplishing achievements and results.
A high level of commitment is usually displayed by entrepreneurs and they also display a high level of energy. They are open minded and they are prepared to make sacrifices to achieve results.
What capabilities do you need to be an entrepreneur?
- Problem Solving
- Lateral Thinking
- Effective Communication
- Embrace Challenge
Why be an entrepreneur?
Most entrepreneurs lead a happy and fulfilling life basically because they are doing what they love, they are following their passion. Entrepreneurs enjoy a higher level of income. They have greater independence in their worklife, they are not shackled to a desk from 9 til 5. They are the masters of their own destiny.
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"Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled." Howard Stevenson