Not everyone wants to be an entrepreneur of their own business. Being an entrepreneur requires specific characteristics and skill that are often achieved through education, hard work, and planning.
Characteristics
-Risk taker (Businesses take risks. Minimize with research, and planning, and practice.)
-Perceptive (Views problems and opportunities\challenges.)
-Curious (They take initiative and pursue the unknown.)
-Imaginative (Thinking outside of the box. Ability to see ahead.)
-Persistent (Press on, receive criticism.)
-Goal Setting (Seek to accomplish dreams in the future.)
-Hardworking (Not deterred by overwhelming circumstances.)
-Self-Confidence (Believe in yourself.)
-Flexible (Adapt to changing circumstances.)
-Independent (Desire for control and ability to make own decisions. Not influenced by anyone.)
Skills
-Research Skills (Identify what to know, and how to learn it.)
-Gathering Information (Taking advantage of the information around you; books, databases, periodicals, consultants, professionals.)
-Using Information (Sort data by relevance.)
-Management Skills (Organizing, directing, controlling.)
-Planning (Financial, production, and marketing strategies.)
-Directing (Motivate staff and encourage initiative self-direction.)
-Controlling (Developing budgets and keep accurate records.)
-Marketability (How will it sell? Who are potential customers? How long will it last?)
-Profitability (Must ensure that revenue exceeds all costs. Expect revenue and expenses.)
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