Topics: Bill Gates, Facebook, Oprah Winfrey Pages: 4 (1425 words) Published: March 15, 2013

Essentially, an entrepreneur is a person who starts a new business venture. However, we tend to think of entrepreneurs as people who have a talent for seeing opportunities and the abilities to develop those opportunities into profit-making businesses. Are entrepreneurs born or made? The debate still rages, but the current consensus is that successful entrepreneurs share a constellation of personality traits. In other words, some people are naturally more entrepreneurial than others. A common misperception about entrepreneurs is that entrepreneurs are wild risk-takers. Entrepreneurs do take risks, but only calculated ones. One of the abiliities successful entrepreneurs share is the ability to evaluate risks. If you're wondering whether or not you have what it takes to be an entrepreneur, you'll find more links to more information about entrepreneurial traits in the sidebar. But remember, you don't need to have all the traits associated with entrepreneurship to be a successful entrepreneur. The main quality you need is a determination to make your business venture succeed. The rest of the qualities necessary to being a successful entrepreneur you can learn.

Some common characteristics of successful Entrepreneurs

1) Do what you enjoy.

2) Take what you do seriously.

3) Plan everything.
4) Manage money wisely.
5) Project a positive business image.

6) Get to know your customers.
7) Become known as an expert.
8) Create a competitive advantage.
9) Grab attention.
10) Get and stay organized.

Oprah Winfrey - 
Talk show host, Entertainer and Entrepreneur

Oprah Winfrey was born in the South and though she had a fairly traumatic childhood, rose up to become a prominent talk show host and businesswoman. Through her company, HARPO (Oprah spelled backwards), she has expanded her stable of investments from the Oprah Winfrey Show, to O Magazine and Oxygen Cable Network. She was born in Mississippi in 1954 to...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Entrepreneur Essay
  • Entrepreneur Essay
  • Essay on entrepreneur
  • Successful Entrepreneurs Essay
  • Are Entrepreneurs Born or Made Essay
  • Typical Business Entrepreneur Essay
  • Essay on Women Entrepreneurs
  • Women Entrepreneurs Essay

Become a StudyMode Member

Sign Up - It's Free