Top 6 Qualities Of a Successful Entrepreneur

Top 6 Qualities Of a Successful Entrepreneur 

The top 6 qualities and skills needed to become a successful entrepreneur.







1. Innovation

 

The entrepreneur may not be an `inventor` in the traditional sense, but they must be able to carve a new niche in the market, attract consumers in innovative ways and present there business as being `different` from others in the same market. This requires original ideas and an ability to do things differently - this is the skill of innovation.

2. Commitment and self motivation 

 

 

 

 

 

 

 

 

 

It is never an easy option to setup and run your own business, it is hard work and may take up many hours of each day. A willingness to work hard, keen ambition to succeed, energy and focus are all essential qualities of a successful entrepreneur. 

3. Multi-Skilled

An entrepreneur will have to make the product (or provide the service) , promote it, sell it & count the money. These different business tasks require a person who has many different qualities, such as being keen to learn technical skills, able to get on with people and good at handling money and keeping accounting records etc. 

4. Leadership Skills
 

 

The entrepreneur will have to lead by example and must have a personality that encourages people in the business to follow him/her and be motivated by him/her.

5. Self Confidence and an ability to `Bounce back`
 

Many business start-ups fail, yet this would not discourage a true entrepreneur who would have such self-belief in themselves and their business idea that he/she would  `bounce back` from any setbacks.

6. Risk Taking

Entrepreneurs must be willing to take risks in order to see results. Often the risk they take is by investing their own savings in the new business. It is always advisable that an entrepreneur should think clearly and plan effectively before taking any risky decision.




Majority of us are not born with these skills, but don't worry we can develop and strengthen these skills by training and practice. If you want to gain these skills and become master in them, see my other blogs in which i have provided absolutely free courses online in this website.
 

1.                 Learn Innovation

2.                 Learn Commitment and self motivation

3.                 Learn How to be Multi Skilled

4.                 Learn Leadership Skills

5.                 Learn Self Confidence and How to bounce back properly

6.                 Learn Business decision making to minimize chances of loss. 

These free courses will be available on Hiveo till 1st December 2014.