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Hardworking: One of the important
characteristics of a good entrepreneur is
hardworking -Hardworking people keep improving their performance to produce good products and/or provide good services. Confident: Entrepreneurs have self-reliance in one’s ability and judgment. - They exhibit self-confidence to cope with the risks of operating their own business. Disciplined: Successful entrepreneurs always stick to the plan and fight the temptation to do what is unimportant. Committed: Good entrepreneurs assume full responsibility over their business. They give full commitment and solid dedication to make the business successful. Abilityto accept change: Nothing is permanent but change. Change occurs frequently. When you own a business, you should cope with and thrive on changes. Capitalize on positive changes to make your business grow. Creative: An entrepreneur should be creative and innovative to stay in the business and in order to have an edge over the other competitors. Has the initiative: An entrepreneur takes the initiative. You must put yourself in a position where you are responsible for the failure or success of your business. Profit-oriented:An entrepreneur enters the world of business to generate profit or additional income. The business shall become your bread and butter. Therefore, you must see to it that the business can generate income. Excellent planner: Planning involves strategic thinking and goal setting to achieve objectives by carefully maximizing all the available resources A good entrepreneur develops and follows the steps in the plans diligently to realize goals. A good entrepreneur knows that planning is an effective skill only when combined with action. Possesses people skills: This is a very important skill needed to be successful in any kind of business. People skills refer to effective and efficient communication and establishing good relationship to the people working in and out of your business. In day- to-day business transactions, you need to deal with people. A well-developed interpersonal skill can make a huge difference between success and failure of the business Sound decision maker: Successful entrepreneurs have the ability to think quickly and to make wise decisions towards a pre-determined set of objectives. No one can deny that the ability to make wise decisions is an important skill that an entrepreneur should possess. Sound decisions should be based on given facts and information and lead towards the pre- determined objectives.