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Personal Characteristics of Successful Entrepreneurs

Add the following definitions to your notebook.

AB
persistentEntrepreneurs work until a job is done. They are determined to overcome problems and to pursue their goals in order to make their business successful.
creativeEntrepreneurs are constantly looking for new ways to solve problems.
responsibleAn entrepreneur is accountable for his/her actions and does what is required.
inquisitiveEntrepreneurs are curious about things that may affect their business. They are not afraid to ask questions or to conduct research in order to solve problems.
goal-orientedEntrepreneurs develop a plan of action and must make decisions to help achieve that plan.
independentEntrepreneurs want to make their own decisions. They set their own schedules and are able to work without supervision.
self-confidentEntrepreneurs believe in themselves.
risk-takersEntrepreneurs look for challenging opportunities. They are not afraid to take risks.
communication skillsEntrepreneurs need to gather information necessary to organize and run their business. Entrepreneurs must develop writing, speaking and listening skills.
human relations skillsEntrepreneurs must get along with others and enjoy meeting and talking to people.
math skillsBasic arithmetic and knowledge of basic record keeping are needed for the entrepreneur to make purchase decisions, calculate profit and complete financial statements.
problem-solving and decision-making skillsEntrepreneurs must make decisions and solve problems every day.
technical skillsComputer skills are essential in almost every business.
basic business skillsEntrepreneurs must have a basic understanding of how the economy works and of the fundamental concepts of finance, marketing, and management in order to help ensure the success of their business.


Teacher

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