characteristics about the entreprenuer

1. Characteristics of an
Entrepreneur

2. Some common facts…
• An entrepreneur is most commonly the OLDEST
child in the family.
• An Entrepreneur is most commonly MARRIED.
• An Entrepreneur is most commonly A MAN.
• An individual usually begins his or her first
significant entrepreneurial business enterprise at
what age? THIRTIES
• Usually an individual’s entrepreneurial tendency
first appears evident in his or her TEENS.

3. • Typically an entrepreneur has achieved the following
educational attainment by the time first significant
business venture begins. BACHELOR’S DEGREE
• An entrepreneur's primary motivation for starting a
business is TO BE INDEPENDENT.
• The primary motivation for the entrepreneur’s high
ego and need for achievement is based upon a
relationship with FATHER.
• To be successful in an entrepreneurial venture, you
need LUCK.
• Entrepreneur and venture capitalists ARE IN CONFLICT.

4. • A successful entrepreneur relies on EXTERNAL
MANAGEMENT PROFESSIONALS.
• Entrepreneur are best DOERS.
• Entrepreneur are MODERATE RISK TAKERS.
• Entrepreneur JUST FIT IN THE CROWD.
• Entrepreneur typically form VARIETY OF
VENTURES.

5. Five skills entrepreneurs need….Jerry Kaplan
• Leadership
• Communication-Reach out
• When to make a decision(The
timing)
• Teamwork
• Telescope and Microscope

6. • According to Kaplan the best qualities of successful entrepreneurs are:
1) They believe that they can make a difference.
2)They have a passion for making things happen.
They don't just sit around talking, they go out
there are make it happen.
3) They have unjustifiable optimism. They believe
they can succeed in the face of evidence proving
the contrary.
4) Tolerance for uncertainty.
5) Genuine concern for other people.

7. Five biggest mistakes that entrepreneurs make…..Jerry Kaplan
• Having unclear goals and an unclear
mission.
• Trying to prove that they are smart.
• Greed - doing it for money.
• Hiring people that they like rather than
people that they need.
• Not knowing when to let go.