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Entrepreneurship Characteristics and Skills Review

AB
ConfidentBeing self-reliant
LeaderGiving directions
FlexibleThe ability to adapt to change
RealisticHaving a vision that is attainable
Risk TakerTaking reasonable chances
DecisiveChoosing a course of action
CommunicatorPassing a message effectively
EnergeticTaking action
CreativeNew ways to solve problems
Assessing and managing peopleAn entrepreneur should always carry out adequate research before committing the business to a course of action
Managing peopleEntrepreneurs must learn to motivate, to communicate with and to lead his/her staff
Applying ideasDoing new things or doing old things in a new way
Planning and goal settingAn entrepreneur should learn how to set realistic goals and make an effective plan
Decision makingAn entrepreneur is responsible for making choices that affect the future of the business
PrioritizingAn entrepreneur has to rank the task he/she has to achieve
TimingIt is important that an entrpreneur make decisions on time
Stress managementAn entrepreneur must avoid overwork because this may cause tension which could result in making bad decisions
CommunicatingThe entrepreneur must be able to convey his/her message to all stakeholders


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