Qualities of an Entrepreneur

1. • EPP TEACHER

6. Qualities
of an
Entrepreneur

7. WHAT?
WHY?
What are the qualities that new
breed of Entrepreneurs should
possess ?
Why is it important to learn the qualities of a
successful entrepreneur?
What are the qualities that you
think you possess and what are
the qualities that you think you
need to develop to become an
entrepreneur or successful
leader?

8. QUALITIES OF A
SUCCESSFUL
ENTREPRENEUR

9. Qualities of a Successful Entrepreneur
1. The Drive for Achievement
- The entrepreneur has a great psychological drive to achieve which makes him/her a result – oriented
person.
2. Desire for Responsibility
- A responsible entrepreneur is one who commits to the job. Takes initiative, originates ideas and
actions, and carries through the job with patience until results are achieved.
3. Willingness to Take Risks
- Any business entails a lot of risks, primarily the risk of failing, of losing one’s business, in which
case, losing one’s capital
4. Drive and Dynamism
- The successful entrepreneur is full of vigor and vitality. Has the drive and energy to pursue goal
relentlessly. Has a strong desire to win, to succeed, and this strongly motivates to perform well and
achieve well.
5. Persistence and Hard Work
- A successful entrepreneur relentlessly works to realize goals.

10. 6. Self – confidence and Self- reliance
- The successful entrepreneur exudes confidence and competence.
- Successful entrepreneur instill confidence in others
7. Diplomacy
- Effective entrepreneur is one who can relate well with the people from top to
bottom.
- The ability to relate to others is an asset and advantage to business growth.
8. Self – control
- Once an effective entrepreneur makes a decision beneficial to the greater number.
- Effective entrepreneur is not easily swayed by external forces or public opinion for
as long as he/she made the right decision.
9. Adaptability
- Ability to adjust to the changes and the present demands of the times.
10. Foresight
- Thinking not only of the present but also the future as well.
- Formulates long term plans or goals

11. 11. Adequate Knowledge
- Successful entrepreneur is knowledgeable.
- Possess both and general and technical knowledge
12. Persuasive Ability
- Knows how to motivate people and get their interest in
the product
- Inspire people and gets their trust and confidence
13. Creativity, Resourcefulness, and Innovativeness
- Successful entrepreneur is in continuous search of new
ideas

12. 14.Managerial Ability
- The successful entrepreneur is a systematic person,
he/she plans his/her goal well.
- As a good manager he/she oversees the smooth
coordination of labor and management.
15. Optimistic Attitude toward Life and Business
- Always sees the brighter side of life and business
regardless of risk and failure.

13. Five Must Follow to Becoming a Successful
Entrepreneur
1. Work smarter, not harder.
2. Hire people to handle tasks you aren’t good at.
3. Get more done and spend less.
4. Don’t be afraid of failing (because you will).
5. Wake up with purpose daily, and be relentless.

14. OUR TOPIC IS ALL ABOUT……

15. WHAT?
WHY?
What are the qualities that new
breed of Entrepreneurs should
possess ?
Why is it important to learn the qualities of a
successful entrepreneur?
What are the qualities that you
think you possess and what are
the qualities that you think you
need to develop to become an
entrepreneur or successful
leader?

16. EXPLAIN THIS!
An Optimistic attitude towards life means that
you always look at the brighter of life even when
you meet problems or failures in what you do.
How does this attitude help in business and also
being a leader?