The Talent Of An Entrepreneur

Entrepreneurship is when people start creating and designing a new business from scratch. It is when people come up with ideas and turn them into a proper business. ‘’Entrepreneurship is the journey of opportunity exploration and risk management to create value for profit and/or social good’’.

Have you ever wondered who thought about the idea of creating a multinational retail corporation here in America called Wal-Mart? Sam Walton - founder of Wal-Mart was behind that idea. Sam Walton is an example of great entrepreneur who wanted to make his business successful. An entrepreneur needs a variety of skills but does not need to have a formal education. Being an entrepreneur is challenging even if an individual is well educated on the field or has no education at all. There is always the risk conducting business because of the competition with other companies. However, what does an entrepreneur do? Do you have what it takes to be on top the business world and compete ? An entrepreneur must have is a guide to start and run a business even if it is a big or small business.

Personal Characteristics: Under this category, it would be important for an entrepreneur to have optimism, the hopeful feeling that all is going to turn out well. An entrepreneur should have a vision, the ability to envisage a compelling future and articulate it to others. An

Entrepreneurship is the activity of creating a new business or enterprise. It is an essential and significant action in the growing job market (Bednarzik, 2000). Entrepreneurship has become important to all the countries whether they developed or developing ones. It is a basis of economic growth and employment creation (Thurik, Carree, Van Stel, Audretsch, 2008). It involves opportunity recognition or creation, collecting resources to track the opportunity, and managing actions that bring a new venture into existence. Some ventures are complete start-ups, while other ventures are pursued within an existing organization (Enz and Harrison, 2010). Entrepreneurs accept the personal financial risks that drive with having their own business. On the other hand, entrepreneurs benefit directly from the

Most successful entrepreneurs exhibit certain characteristics. Some entrepreneurs are open-minded, able to learn quickly, and skilled at conceptualizing.

An entrepreneur is “a person who organizes and manages a business with considerable initiative and risk”. In other definitions an entrepreneur “identifies an opportunity or a gap in a market and evaluates the risk related to the establishment of the business and is prepared to take the associated risk to start the business in the quest for making profit; and has the ability to obtain the resources to establish and grow a business”. Entrepreneurship exceedingly relies on entrepreneurs to start-up, develop and produce companies across the use of their

Becoming an entrepreneur will be very exciting journey; from the beginning till the development and realisation of one's product or service.

Entrepreneur is a person who establishes, owns or operates a business and is characterised by traits such as creativity, strong will, motivation, passion, determination, leadership qualities, work ethic and non-conformity. They are willing to take (non-excessive) risk in order to make a financial profit and are fully responsible for the outcomes. Their ideas are usually ground-breaking and innovative in their particular field.

Entrepreneurs come from all over, of many different types, with many different talents and many different dreams. Not everyone, however, whom owns a small business, is an entrepreneur. We have a dream and we attempt to pursue it, yet end up finding ourselves working twice as hard attempting to make it work because we only trust ourselves. You go into business for yourself but spedn so much time working on the product and doing the chores that you lose sight on the business itself. In fact, according to Gerber, only a select few are true entrepreneurs and for the others it may have existed for a short period of time. From a newcomer’s perspective, one would think of course if they own their own business they are classified as an

They are the four main characteristics which keep an entrepreneur elevated from an ordinary owner manager. In addition to them, I found some more behaviours, skills and attributes that a person should possess as an entrepreneur. They can be shown as in Table 1.

Entrepreneurship is a journey. A lifestyle. Success comes with time, taking action and hustling your butt off.

The entrepreneurs must have visionary and self-confident, good communicators with unlimited energy, and have a strong passion for what they do with intelligence, great heart,

I like hard work, I like challenges, especially challenging myself and I don’t like pretending that shit is sunshine and roses. This is what I have learned about myself. I have no fear of great depths but I have a severe fear of shallow living. I am a warrior, I have been fighting to survive my entire life. “Survival Mode” has been all I’ve known for as far back as I can remember. Why would entrepreneurship be any different? Entrepreneurship? #laughs. Entrepreneurship has nearly darn well killed me. Because you see, entrepreneurship is a whole different kind of survival game – one that nothing and nobody can ever prepare you for. Entrepreneurship is hard. Everyone lies about

An entrepreneur is someone who is competitive, always having an idea of what the market needs, they need to do more researches, create a business plan which will include the entrepreneur new ideas and technologies, to make the business ideal and successful. Entrepreneurs need to have a keen eye on seeing opportunities which others can not see, they need to take financial risks in setting up a business, or improve the performance of other businesses. “Starting your own business/Entrepreneurship is like jumping off a cliff and building a plane on the way down”, says Nikhlil Shah, Founder of Mixcloud.

There has been extensive research conducted on the characteristics that successful entrepreneurs possess. These attributes vary widely across literature, however there are common key traits that are required to achieve any form of success. Frederick et al (2013) suggest entrepreneurs are risk takers, optimistic, have sound judgement and an ability to manage. While a review of literature relating to the psychology of an entrepreneur reveals a large variety of characteristics in a successful entrepreneur, these can be consolidated to a a few into only a few traits that are essential for a successful entrepreneur. Whilst taking into