Traits that make you an Entrepreneur

The word entrepreneurship is a general term that can mean a lot of things to
different people. An entrepreneur is an individual who sets up business or
businesses, identifies and solves problems, creative, innovative, opportunist, risk-
taker, self-starter, and open-minded with the hope of making a profit from the
enterprise. It is in fact entrepreneurs that bring innovation into our economy with new
products and services. They drive a nation’s economy towards development and
progress. Let us explore some of the traits and characteristics of an entrepreneur.

1. Passion

This is the most significant characteristic that every entrepreneur has, and for
obvious reasons.

2. Team Building

A great entrepreneur is aware of their strengths and weaknesses. Rather than
letting shortcomings hold them back, they build well-rounded teams that
complement their abilities.

3. Persistence

While many successful entrepreneurs are comfortable with the possibility of
failing, it doesn’t mean they give up easily. Rather, they see failures as
opportunities to learn and grow.

4. Disciplined

Successful entrepreneurs always focus their energy on making the business
work, and for eliminating the distractions or obstacles to their goals. Their
overarching strategies help them to reach the goals they have while they outline
the plan to achieve the final outcome. 

5. Innovative

One of the main characteristics of entrepreneurship is innovation. The entrepreneur
looks for the opportunity in the market and capitalizes on it. He is the one who
introduces new products and services in the market trying to fulfill customer needs. The innovation can also be in a production process, new marketing strategy,
innovative advertising etc.

6.Leader

One of the other important qualities of a successful entrepreneur is leadership. All
good entrepreneur are good leaders. They have the ability to motivate and lead
their employees to success. They also have the tenacity, knowledge, and skill to
pull their businesses from a tight corner like good leaders.

Other than these traits, every successful entrepreneur just wants to see what is at the
top of the business mountain and they will pick up everything they get on the path
while on their way up. But that is not where their determination ends.

So, if you are about to embark on the journey to be an entrepreneur, have just
entered the journey or have been in the journey but have not seen success, you
need to adopt these traits and make them a part of you for gaining success.

HESHANI WIJETUNGA