Thursday, March 28, 2013

ENTREPRENEURIAL PROFILE

Well, after I explained about what is and entrepreneur,now I turn to talking about entreperenuerial profile. First, desire for responsibility,preference for moderate risk, good entrepreneurs are risk avoiders, not risk takers. They appear to be risk takers because 
they see the market differently than the rest of us do; they see a product or service that will converge with how the culture is changing. Third, confidence in their abiity to succeed. Desire fir immediate feedback. High level of energy, entrepreneurs aremore energetic than the average person. That energy may be a critical factor given the incredible effort required to launch a start-up company.

And the sixth is future orientation, entrepreneurs have a well-defined sense of searching for opportunities. They look ahead an are less concerned with what was done yesterday then with what might be done tomorrow. 

Next, skill at organizing. Value of achievement over money.
Other characteristics frequently exhibited y entrepreneurs include: 
High degree of commitment, tolerance for ambiguity,flexibility and the last is Tenacity.

What conclusion can we draw form the volumes of research conucted on the entrepreneurial personality? 
Entrepreneurs aren’t of one mold ; no one set of characteristics can predict who will become entrepreneurs and whether or not they will succeed.  

SOURCE: Effective small business management by Prentice Hall

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