The Attitude Of An Entrepreneur

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  • Friday, March 4, 2011
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  • Michael G. Isinger
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  • It is said that in order to become a successful individual in whatever endeavor you wish to take, you must have the right attitude and characteristics. This is also true with an entrepreneur. Not everyone can become an entrepreneur. But before anything else, what is an entrepreneur?

    According to one definition, an entrepreneur is someone who finances or initiates a certain business undertaking. If you too would want to become a successfull founder of a virtual business, you should possess the following characteristics of an entrepreneur.

    What are the characteristics of an entrepreneur? Are they really important? Well, of course the characteristics are important because if you don’t possess them, you will have lower chances in terms of business success. The characteristics are as follows –

    1. Risk taker – this is a very important characteristic of an entrepreneur. If you're not willing to take any risk, then you will not succeed as a businessperson. In the everyday course of the business, you will encounter a lot of problems and challenges which you need to decide the soonest.

    Some risks are worth taking after careful evaluation especially if it's for the good of the business. If you're not a risk taker, then you're not an effective entrepreneur and you're bound to fail in your business undertaking.

    2. Smart – being smart is another characteristic of an entrepreneur. You have to be clever, keen, and witty in all your business dealings. You have to show mental alertness and intelligence so that you can win the respect and trust of customers and other clients.

    3. A leaderleadership is a characteristic that is hard to find among individuals. Not many individuals have the nerve to take the lead. To become a good entrepreneur, you must be a leader. Some say that this is a born characteristic but if you don’t possess it, you can also learn to become a leader.

    You're quite lucky if you're a born leader because you only have to develop your other qualities and use them when you choose to become an entrepreneur. As a leader, you should be able to guide, influence, and direct people. This way, you can handle all your business activities with ease and fewer worries.

    4. Inner passion for business – another important characteristic is having the right passion for business. You have to maintain your enthusiasm and interest in the business. As long as you have the right drive and passion, you can run the business for a long time.

    5. Honest and trustworthy – some say that eighty percent of an entrepreneur's time is dedicated to pooling and attracting customers. This may be true because without the customers, the business will not exist. You have to be honest and trustworthy so that you can develop good will.

    There are of course other characteristics of an entrepreneur. But the above mentioned are, in my opinion, those that help him or her do all the business responsibilities and obligations that need to be done.

    These are also the keys to business success. If you want to start a virtual business and run it yourself, you should develop these characteristics. Without them, your business will soon fail and you will suffer the losses.

    But if you already have the right attitude of an entrepreneur, all you need to do now is to study the market carefully, come up with a good business idea, and provide for the capital and you're all set.

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