Question

What Are the 7 Characteristics of Entrepreneurs?

Answer 1

The 7 characteristics of entrepreneurs are:

1. Self-motivation: The ability to self-motivate is very essential for entrepreneurs. It plays a crucial role in pushing entrepreneurs towards success.
2. Curiosity: Being curious helps entrepreneurs to function differently that helps in doing things outside their comfort zone.
3. Taking Risks: Entrepreneurs are risk takers because success can be achieved only by taking risks in business.
4. Perseverance: Entrepreneurs should have the characteristics of perseverance. Sticking to the goal in spite of delay in achieving success is one of the hallmarks of entrepreneurs.
5. Having a clear purpose: Entrepreneurs should have a clear purpose on what they want to achieve.
6. Good networking skills: Entrepreneurs must have good networking skills as it will help them connect with like minded people and potential business partners or clients.
7. Flexibility: Entrepreneurs should be flexible in their approach, if one of the strategies or processes are not working as intended, then it should be changed as and when required.

Also see: What is Entrepreneurship? Challenges of Entrepreneurship