Personality traits of a successful entrepreneur Flashcards

1
Q

determined to do whatever it takes to succeed. They are not afraid to
take risks and they are willing to try new things.

A

Determination

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2
Q

willing to take calculated risks and develop gut instinct for making
decisions.

A

Risk-taking

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3
Q

thinking positively about something, believing that things can work out for
the best. means having faith in one’s self and abilities.

A

Optimism

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4
Q

challenge to think outside the box and being open to try new things by
asking questions, seeking the answers and never stop learning in order to make ideas a
reality.

A

Curiosity

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5
Q

involves being able to see problems from
multiple perspectives. Be willing to admit when something doesn’t work and then search
for a way to approach the problem from a different angle. The ability to see problems
and search for solutions is a skill that can be learned with practice.

A

Problem-solving

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6
Q

is one of the most important traits; entrepreneurs need to be __________ in
their abilities so that others will invest in their idea or will hire them. When people trust
your abilities they are more likely to partner with you, resulting in stronger networks and
relationships for the company.

A

Confidence

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7
Q

adaptation is a key factor of entrepreneurship. The world
changes all the time and that includes markets and industries. Those who learn to adapt
efficiently tend to succeed more than those who resist change.

A

Adaptability to change

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8
Q

is willing to persist in your endeavors even when things go wrong. An
entrepreneur needs to have the vision to see what others don’t see

A

Persistence

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9
Q

is preference for autonomy, self-directed in their work and enjoy having
control over their work decisions.

A

Independence

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10
Q

it is essential to build strong connections and relationships
with peers, customers, partners and everyone around. By building a network of contacts
and establishing a good dealing/working relationship one can access new opportunities,
gain valuable insights and find support when necessary.

A

Good interpersonal skills

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