Entrepreneurs and Their Skills and Qualities: Daria Bilokon. GBSB Global Business School

ENTREPRENEURS AND
THEIR SKILLS AND

QUALITIES
Daria Bilokon. GBSB global business school
CONTENT
1. The different types of entrepreneur
1.1 Small business entrepreneur
1.2 Lifestyle entrepreneur
1.3 High-growth potential entrepreneur
1.4 Professional entrepreneur
1.5 Serial entrepreneur
1.6 Corporate entrepreneur
1.7 Social entrepreneur
2. Personal skills and qualities in

entrepreneurs which distinguish them
from other managers in organizations
THE DIFFERENT
TYPES OF
ENTREPRENEU
R
The most energizing piece of
Entrepreneurship is that you are
your own lord. At the point when
you are a representative, you work
for others as indicated by their
arrangements, impulses and funds.
In an Entrepreneurship, it is you
who set the objective, plan the
activity, and receive the fulfillment
and benefits of having
accomplished the objective.
SMALL BUSINESS ENTREPRENEUR
➤ Comprehend the fundamental parts of enterprise.
➤ Perceive the legitimate condition of an independent company.
➤ Depict essential monetary standards.
➤ Get shortage and estimating.
➤ Distinguish various types of expenses.
➤ Clarify the standards of financing.
➤ Distinguish sorts of monetary records.
➤ Know the wellsprings of financing.
➤ Clarify the objective markets.
➤ Break down statistical surveying and rivalry.
➤ Portray the promoting blend.
➤ Perceive the jobs of the board.
➤ Develop a strategy.
LIFESTYLE
ENTREPRENEUR
➤ Lifestyle entrepreneurship doesn't
need to include traveling. It can
permit you to bring up your
youngsters, care for feeble friends
and family, or invest energy in a
diversion or charitable effort. Be
that as it may, everything begins
with choosing what life you need
to lead and afterward fabricating a
profession around it.
HIGH-GROWTH POTENTIAL
ENTREPRENEUR
High potential business people, for the most part, run huge
organizations utilizing somewhere close to 20 and 500
individuals. These organizations are regularly extremely
quick-paced and experience high development rates.
PROFESSIONAL
ENTREPRENEUR
Being a "Professional
Entrepreneur" is an alternate
duty from that of an entrepreneur.
Here I am addressing those
hoping to scale an undertaking
that produces several
employments and millions to a
huge number of dollars or more
in incomes. Focusing on being an
expert business visionary is
anything but a 9 to 5
employment; it is a full way of life
change. You will work 7 days per
week, in any event, when you
don't feel that you are "on the
clock". Twelve hours per day, or
more, isn't remarkable.
SERIAL
ENTREPRENEUR
➤ The expression "serial entrepreneur"
isn't exceptionally regular in business
circles, however, I accept that a few
people are worked for that sort of
training. A serial entrepreneur is a
business person who ceaselessly
thinks of new thoughts and starts new
organizations. Instead of an ordinary
business person, who will frequently
concoct a solitary thought, start the
organization, at that point oversee it
and assume a significant job in the
everyday working of said
organization.
CORPORATE
ENTREPRENEUR
Corporate Entrepreneurship is a procedure used to grow
new organizations, items, administrations or procedures
within a current association to make esteem and produce
new income development through pioneering thought and
activity.
SOCIAL
ENTREPRENEUR
A Social Entrepreneur
estimates
accomplishment by the
effect that the person in
question has on society.
Profoundly enthusiastic,
more prominent's benefit
of the network is their
essential intrigue and
they make a business to
give answers for social
issues.
PERSONAL SKILLS AND
QUALITIES IN
ENTREPRENEURS WHICH
DISTINGUISH THEM FROM
OTHER MANAGERS IN
ORGANIZATIONS
CORE
COMPETENCIES
1. INITIATIVE
2. PERCEIVING OPPORTUNITIES
3. PERSISTENCE
4. INFORMATION GATHERING
5. CONCERN FOR QUALITY WORK
6. COMMITMENT TO CONTRACTUAL
OBLIGATIONS
7. EFFICIENCY ORIENTATION
8. PLANNING
9. PROBLEM SOLVING
10. SELF-CONFIDENCE
11. EXPERIENCE
12. SELF-CRITICAL
13. PERSUASION
14. USE OF INFLUENCE STRATEGIES.
15. ASSERTIVENESS
DIFFERENCE BETWEEN
ENTREPRENEUR AND MANAGER
The key distinction between
an entrepreneur and a
manager is there remaining
in the organization. A
business person is a
visionary that changes over
a thought into a business.
He is the proprietor of the
business, so he bears all the
money related and different
dangers. A chief, then
again, is a worker, he works
for pay. So he doesn't need
to hold up under any
dangers.
Points Entrepreneur Manager
The principle intention of a is to Principle intention is to render
Thought process begin an endeavor for his own benefits in a venture previously
satisfaction. set by another person.
Status Proprietor Hireling
Administrator doesn't bear any

Hazard Expect hazard and vulnerability hazard associated with big
business.
Benefits, which are profoundly

Prizes Pay which is sure and fixed.
unsure and not fixed.
Himself thoroughly considers what and how to essentially executes plans

create products to meet the changing needs of
Development the clients. Consequently he goes about as arranged by the business
trailblazer/change specialist. visionary.
needs to possess distinct

Needs to have characteristics and capabilities like
high accomplishment thought process, qualifications in terms of sound
Capability inventiveness in intuition, foreknowledge, hazard
bearing capacity and so on. knowledge in management theory
and practice.
« If you cannot do great things, do small
things in a great way.
-Napoleon Hill

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ENTREPRENEURS AND

THEIR SKILLS AND

2. Personal skills and qualities in

Status Proprietor Hireling

Administrator doesn't bear any

Benefits, which are profoundly

Himself thoroughly considers what and how to essentially executes plans

needs to possess distinct

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