Important characteristics of an Entrepreneur

The seven important characteristics of an Entrepreneur

10/12/2014

An entrepreneur is a person who starts something from scratch and taking to the level of her/his capabilities. It includes everything from the idea conception, nourishing it with hard work, shaping and molding it with the vision and then growing it passionately.

Well, there are certain characteristics which an entrepreneur must possess to run a successful enterprise and these are as follows:

(1) The appetite for taking the risk

It is not a regular 9 to 5 job where things are more or less defined by the organisation and you have to abide by set guidelines, rather it is an open field where there are infinite possibilities. The thing is that you should have that appetite to enter in this field of uncertainty,which is filled with risks and opportunities.

(2) Effective decision making

It's only you who has to decide what next has to be done? The journey will halt till the moment you stop implementing the decisions. Initially, you are playing the dual role of driver and the passenger, whether the journey is bumpy or smooth.

(3) Focused approach

Your focus is very important because in this field of infinite possibilities and anonymity you may tend to lose focus during this process. You may have started well but there is always a tendency to deviate from the original track.

(4) High motivation level

Your motivation level must be extraordinary because every morning you have to prepare yourself to create a new page which nobody has written as yet. The more motivated you are, the more beautiful things you can draw on the page of life.

(5) Passion for the work

Whether it is an old idea, a new idea or an old idea with a new concept, the passion for the work must be there. This passion will only come when you do the things which you enjoy.

(6) The art of delegation

You cannot do each and everything by yourself, therefore, you have to find and build an effective and efficient team which shares the same idea that you are carrying. Delegating your work among your team members is one of the important characteristics of an entrepreneur.