Monday, July 6, 2009

Do You Possess The Characteristics of A True Entrepreneur? Read Below To Find Out.

By Rob Tritt

In order to become successful in any endeavor, it is important for someone to possess the right characteristics. Not everyone is going to be a successful entrepreneur, but what are some characteristics which may be useful for someone who wants to be an entrepreneur?

What exactly is an entrepreneur? According to the definition, an entrepreneur is someone who organizes a business usually with considerable risk and initiative attached to the operation of that business. In keeping with that definition, an entrepreneur is going to be a certain type of person possessing some key characteristics.

1. Intelligent and creative - In the course of the business day, there are going to be a certain number of problems which will have to be overcome in order to reach the goal, and an entrepreneur can always figure out a creative solution to every problem.

2. Decisive - With all of the information that gets thrown at everyone everyday, it is easy to suffer from the "paralysis of analysis" syndrome. However, an entrepreneur cannot allow that to happen. He/she must always be able to sift through the information and make a quick decision.

3. Honest - I believe that this is essential, but not all entrepreneurs are honest because not all people are honest; however, it is important to be an honest businessman / woman and the willingness to meet all of the customers' expectations to the best of his ability.

4. Risk taker - In order to be an entrepreneur, according to the definition, one has to be able to take on a certain amount of risk in order to pursue a desired level of success. That person needs to be able to make decisions under pressure where the outcome of those decisions are not always known.

5. Passion and determination - If someone is to become successful, he/she has to have the determination to get past any obstacle which may be encountered. An entrepreneur thinks 24/7 about how he/she is going to be successful, not whether he/she is going to be successful.

Those are only a few of the important characteristics of becoming a successful entrepreneur. There are many others; however, I believe that simply having just the above gives someone a good chance of succeeding at any entrepreneurial endeavor.

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