CHARACTERISTICS / TRAITS /

ATTRIBUTES OF A GOOD
ENTREPRENEUR
CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR

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Hardworking
This means habitually
working diligently towards a set
goal even for a long period of
time.

Hardworking people keep on

improving their performance to
produce good products and/or
provide good services.
Confident
Good entrepreneurs trust
their skills ability and own
judgment.

They exhibit self-confidence

in managing all the risks of
operating their own business.
Disciplined

Successful entrepreneurs
always stick to the plan and
resist the temptation to do
what is unimportant.
Committed
A good entrepreneur
accepts full responsibility of
everything in his business.

He gives full commitment

and solid dedication to make
the business successful.
Ability to Accept Change
Nothing is permanent
except change.
An entrepreneur should
cope up with and thrive
through changes.
He should capitalize on
positive changes to make his
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.
He sets a vision for the
company and creates
possibilities for new ideas.
He is responsible for the fail
ure or success of his business.
Profit-Oriented
An entrepreneur enters
into the world of business to
generate profit or additional
income. He sees to it that the
business will be able to
generate income.
 IMPORTANT SKILLS
OF A SUCCESSFUL
D
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ENTREPRENEUR
 IMPORTANT SKILLS
OF A SUCCESSFUL ENTREPRENEUR

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 Planning is strategic
thinking and setting
of goals towards
achieving objectives by
carefully maximizing all
the available resources.
 A good entrepreneur
develops and applies
step-by-step plans to
realize goals.
A good entrepreneur
knows that planning is an
effective skill only when
combined with action
 People skills refer to
effective and efficient
communication and
relation to people working
in and out of his business.
 In day-to-day business
transactions, he needs to
deal with people.
A well-developed people
skill can spell out
the difference between
success and failure of the
business.
 Successful entrepreneurs
have the ability to think quickly
and to make a wise decision
towards pre-determined set
objectives. No one can deny
that the ability to make wise
decisions is an important skill
that an entrepreneur should
possess.
 Sound decision should
spring out from given facts
and information and should
be towards the pre-
determined objectives.
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Thank you