The Characteristics of Successful Entrepreneurs

Topics: Entrepreneur, Risk, Entrepreneurship Pages: 3 (530 words) Published: March 17, 2012
The Characteristics of Successful Entrepreneurs

Entrepreneurs play a key role in any economy. These are the people who have the aptitude and initiative necessary to take good new ideas to market and make the right decisions to make the idea profitable. Generally, when it’s profitable it is considered as successful. Successful Entrepreneurs are a special breed of people who stand out from the rest. They process certain characteristics like no other. The 7 most significant characteristic of a successful entrepreneurs are:


They are always very optimistic. They have a positive outlook, hopefulness and confidence about the future or successful outcome of everything they do. A tendency to take a favorable or hopeful view is in their nature. To them, a glass is always half full rather than half empty.

Self Confidence

Successful Entrepreneurs are Self-Confident. In order to succeed in the highly competitive environment, confidence and trust in oneself is a crucial trait. Self-confidence means trusting your own powers and capabilities. The world of entrepreneurship is not alien to failure and disappointments. To survive in such an aggressive world, an entrepreneur must have the ability to look within himself and find the drive and persistence to pursue his enterprise. An entrepreneur must have the resourcefulness to face any difficulty and tackle any problem.

Day Dreamer

They are great dreamers and have the habit of thinking big. They want to explore new horizons. New business opportunities, new ideas and money making opportunities often grab their attention. An eye for opportunity: Many entrepreneurs start by finding a need and quickly satisfying it.

Risk Takers

Successful Entrepreneurs are Risk-takers; being an entrepreneur means having the ability to trust your instinct and acting on them. Great business ideas sometimes start as an intuition which enterprising individuals’ acts upon. There is always the risk of losing any...
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