Characteristics of entrepreneur Flashcards
Characteristics of entrepreneur
Intellectual Capabilities
An entrepreneur is a creative thinker.He always thinks creatively and better than others.He always gives innovative ideas which are the signs of his intellectual capabilities.
Characteristics of entrepreneur
Future vision
The Entrepreneur has the ability to foresee the future conditions of market.He makes decisions by considering the current market situations and changes in the business.He must have the knowledge of the external business situation.
Characteristics of entrepreneur
Technical knowlegde
An Entrepreneur must have the latest knowlegde of technology.He must have the ability to update his technical knowledge from time to time.
Characteristics of an entrepreneur
Risk Bearing Capacity
An entrepreneur must have the risk bearing capacity.A successful entrepreneur takes calculated risks.An entrepreneur should face challenges and find opportunities from the obstacles.
Characteristics of entrepreneur
hard work
an entrepreneur must work hard especially when the new venture is introduced.He has to work for long hours.An entrepreneur has to handle the main areas of the business.
Characteristics of entrepreneur
Communication skills
An entrepreneur has to communicate with different peoples such as creditors,suppliers,customers etc.He should be able to express his ideas and strategies effectively.It is necessary to have proper understanding between the sender and the receiver.
Characteristics of entrepreneur
Highly Optimistic
An entrepreneur must have positive attitude.He must think positive even at the time of failure.Such attitude will help him to run his business successfully.
Characteristics of entrepreneur
Self Confidence
An entrepreneur must have self confidence.Such positive desires will help him to achieve his goals.Such self motivation will make him strong to face challenges.
