More and more people are becoming entrepreneurs. But what is an ‘entrepreneur”? What makes them entrepreneurial? Do you need certain skills and expertise? Can you study it?
What is an Entrepreneur?
There are many definitions but they all say the same thing – a person that generates ideas and business processes, a creator. A person who starts something new and worked to make it a success.
What makes them Entrepreneurial?
An entrepreneur obviously has to be innovative and creative, but also has to have management and team building skills. Leadership is an important skill to have – remember, it is your ideas, your concept – you are in control and you have to lead.
Enterprising is when you want to establish a business and then move on to start more businesses. Entrepreneurs start a business, grow that business and stays with that business to make it a success, creating value.
What are the Characteristics of an Entrepreneur?
These may differ depending on the type of business you start, but there are some that are needed to be an Entrepreneur per se.
- Administrative skills
- Decision making skills
- Financial skills
- Hard work and self discipline
- Marketing and Advertising
- Operational skills
- Planning skills
- Sales skills
- Self Belief – believe in yourself and your business
- Self discipline
There are many more characteristics that an Entrepreneur needs and in our future blogs we will discuss some more.
Remember the number one rule in business – the client is always right, so listen to your clients. Their needs is your business.
Being an Entrepreneur is exciting and you can be the next Bill Gates or Estee Lauder!