Archive for February, 2010

Entrepreneurs characteristics

Characteristics are distinguishing traits or qualities, like honesty. courage, integrity or punctuality. Entrepreneurs have many favorable independent characteristics which make them successful and extraordinary persons. However, their business success depends on realistic goals and hard work. Usually, goals are achievable if these are based on the abilities, interest and resources of individuals. The most important characteristics of entrepreneurs are Leadership. Entrepreneur is leaders by the very nature of their functions. They are people who are task-oriented. They are effective planners, organizers and implementers. And they are achievers. Qualities of essential leadership are being selfless dedication, with purpose and vision, they have courage and conviction. Leaders can be enthusiasm with integrity, tact and handwork.

Leaders treat their fellowmen like human beings. They respect human dignity, and are aware of other human needs like belonging, security, fulfillment and love. Entrepreneurs do not exploit their workers or employees. Instead, entrepreneurs promote the welfare of their employees.

Positive thinkers, Entrepreneur are positive thinkers. They think of success and bright sides. Such success consciousness leads entrepreneurs to success. There is nothing wrong within thinking and acquiring money and more money if it is used properly. Those who have plenty of money can satisfy their legitimate human needs, and be able to help others, especially the poor. There are many rich entrepreneurs who are actively engaged in civic and humanitarian projects.
Individuals who always think of failures and other negative thoughts get exactly what they think. Their failure consciousness or defeatist attitude gives them failure after failure. The poor became poorer because they think of poverty. While the rich become richer because thy think of wealth.

Decision maker. Entrepreneurs make decisions. They cannot avoid this. Being creative or innovative, they always make decisions on how to improve their products, how to create new markets, how increase consumer’s satisfaction or how to maximize profits. The success of their business depends on their ability to make the right decisions.