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There are diverse characteristics of an entrepreneur. First, confidence and believing in one’s elf is crucial. An entrepreneur should have confidence of what he or she in addition to being serious and focused. Many entrepreneurs fail to perform better in business because they lack belief in self. Secondly, he or she should be a good leader who can lead a team towards completing a common goal (McDaniel 96). An entrepreneur understands that he or she cannot build a successful business without integrating effort from like-minded people. Thus, a good entrepreneur is the one who works and assigns task to team members. This is crucial because it enables work to be accomplished efficiently with a creative touch for future success of the business. Thirdly, an entrepreneur is one who takes risks on new opportunities. He or she may take risks in order to achieve new opportunities for better success in business. A good entrepreneur is the one who makes decision by risking on some things in order to gain new business opportunities. Fourthly, he or she is creative because this helps one to formulate solutions to problems arising along business operations. Lastly, he or she is disciplined and can be accountable enabling one to learn from mistakes. An entrepreneur is disciplined always and whenever he or she makes a mistake once, he or she becomes careful not to repeat it twice.
I have what it takes to be a successful entrepreneur because of the following reasons. First, I am confidence and believe in myself. When one is confident and passionate about personal goals, he or she will succeed in any business whatever the obstacles or the challenging the situation may become. Another reason is because I have my own business in U.S and I have worked with my dad’s company for many years thus acquiring the skills necessary to make a successful entrepreneur. The experience that I have gained from working with my dad’s company as well as my own business will make me a successful entrepreneur. Additionally, I undertook business studies while in college to completion. While in college, I studied diverse things about business operations and what a good entrepreneur needs to posses in order to become successful in business. Thus, I think with the educational experience in business, I believe that I have the characteristics, which will make me qualify as an entrepreneur.
There are essential things one needs to learn about business before taking the leap. First, have a clear vision and plan. Sinha (122) reiterates that before diving into business, one needs to have a clear vision and plan. This is because a vision acts as a guide on what to be done to enable the business to become successful. One should know exactly what he or she wants in business and the ways to turn knowledge into income. Secondly, communicate and include others on board by valuing opinions and suggestions from subordinates and team members. A successful business is mainly build on a pool of ideas from varying people. People help one in making wise decisions while facilitating one to explore diverse issues viewed from different perspectives thus becoming successful in business. Additionally, self-motivation and self-discipline is crucial. Before taking a leap in business, one needs to exercise self-discipline and self-motivation in order to ensure that the work is done perfectly. This is vital because it helps one to learn on the way he or she is going to handle flexibility in business.
Work cited
McDaniel, Bruce A. Entrepreneurship and Innovation: An Economic Approach. Armonk, N.Y:
M.E. Sharpe, 2002. Print.
Sinha, Sanjay K. Economy and Entrepreneurship. New Delhi: Shree Publishers & Distributors,
2008. Print.
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