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Title : Characteristics and Skills of a Successful Entrepreneur
link : Characteristics and Skills of a Successful Entrepreneur
Characteristics and Skills of a Successful Entrepreneur
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Starting your own business can be an interesting and rewarding experience. This can offer many advantages such as being your own boss, managing your own schedule and making a living by doing something you like. But to be a successful entrepreneur requires planning, creativity, and thorough hard work.
Consider whether you have the following characteristics and skills that are generally associated with being a successful entrepreneur:
- Comfortable with taking risks: Being your own boss also means that you make difficult decisions. Entrepreneurship involves uncertainty. Do you avoid uncertainty in life by all means? If so, then entrepreneurship may not be the best fit for you. Do you enjoy the sensation of taking calculated risks? Then read on.
- Independent: Entrepreneurs must make many decisions themselves. If you find that you can trust your instincts - and you don't fear being rejected at any time - you can become an entrepreneur.
- Persuasive: You might have the biggest idea in the world, but if you can't persuade customers, employees, and potential lenders or partners, you might find entrepreneurship a challenge. If you enjoy public speaking, engaging new people easily and finding you making convincing arguments based on facts, chances are you are ready to make your idea successful.
- Able to negotiate: As a small business owner, you must negotiate everything from rent, contract terms to tariffs. Polished negotiation skills will help you save money and keep your business running smoothly.
- Creative: Can you think of new ideas? Can you imagine a new way to solve a problem? Entrepreneurs must be able to think creatively. If you have insight into how to take advantage of new opportunities, entrepreneurship might be appropriate.
- Supported by others: Before you start a business, it's important to have a strong support system in place. You will be forced to make many important decisions, especially in the opening months of your business. If you don't have a people support network to help you, consider finding a business mentor. A business mentor is someone who is experienced, successful and willing to provide advice and guidance.
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