General Character Traits of a Successful Entrepreneur

Topics: Entrepreneurship, Entrepreneur, Term Pages: 3 (845 words) Published: March 13, 2012
General Character Traits of a Successful Entrepreneur
*She takes moderate risks.
Taking moderate risks is another characteristic of successful entrepreneurs. They don't fear to take risks. FEAR to take risks discourages initiative, brings about uncertainty of purpose, destroys ambition, kills enthusiasm, destroys good reasoning and stops you from taking action. Besides, there is nothing you can engage yourself in without any risks involved. 

*She takes personal responsibility for her own actions.
The more responsibility you take, the more in control you are. And the freer you are, especially in your own mind, to make decisions and to do the things you want to do. Things go wrong when you run your own business. Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem. Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder. If an entrepreneur can handle failure without frustration or anger, he can move past it to find success.

*She is self-confident
Successful entrepreneurs don't depend on luck. They are able to visualize and they believe in the attainment of their desires at all cost. Ability to visualize and to have faith in the attainment of your desires is an important factor in building your self-confidence.  *She likes to get concrete feedback on her own performance from others. Asking people around your business the feedback on your performance is one way you’ll know whether you need to improve your performance or stay the same. It is fine to have your critics to motivate yourself to improve your performance.

*She is concerned with tasks and problems rather than with...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay on Traits of Successful Women Entrepreneurs.
  • Successful Entrepreneur Essay
  • Successful Entrepreneurs Essay
  • A Successful Entrepreneur Essay
  • The Successful Entrepreneurs Essay
  • Essay about Successful Entrepreneur
  • characters Research Paper
  • The Characteristics of Successful Entrepreneurs Essay

Become a StudyMode Member

Sign Up - It's Free