Entrepreneurial Characteristics

1. Entrepreneurial Characteristics

2. The twelve characteristics of successful entrepreneurs • Persistent • Creative • Responsible • Inquisitive • Goal-Oriented • Independent • Self-Demanding • Self-Confident • Risk-Taking • Restless • Action-Oriented • Enthusiastic

3. The “13” characteristic • The need to achieve & set high standards for themselves

4. Entrepreneurial Characteristics • Persistent • Entrepreneurs are willing to work until a job is done, no matter how long it takes. • They are tenacious in overcoming obstacles and pursuing their goals. • Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan "press on" has solved and always will solve the problems of the human race” -- Calvin Coolidge

5. Entrepreneurial Characteristics • Creative • Entrepreneurs look for new ways to solve old problems. • “Making the simple complicated is commonplace; making the complicated simple, awesomely simple, that's creativity.” – Charles Mingus

6. Entrepreneurial Characteristics • Responsible • Entrepreneurs do not pass the buck. They take responsibility for their actions and decisions. • “It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.” – Josiah Charles Stamp

7. Entrepreneurial Characteristics • Inquisitive • Entrepreneurs want to know as much as possible about whatever effects their venture. • They conduct research and ask questions to solve problems. • “The important thing is to not stop questioning. Curiosity has its own reason for existing.” – Albert Einstein

8. Entrepreneurial Characteristics • Goal Oriented • Entrepreneurs set and achieve goals. • “If you want to live a happy life, tie it to a goal, not to people or things.” -- Albert Einstein

9. Entrepreneurial Characteristics • Independent • Entrepreneurs want to make their own decisions. • “If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.” – Henry Ford

10. Entrepreneurial Characteristics • Self Demanding • Entrepreneurs have high expectations • “High achievement always takes place in the framework of high expectation.” – Charles F. Kettering

11. Entrepreneurial Characteristics • Self-confident • Entrepreneurs believe in themselves. • “With realization of one's own potential and self-confidence in one's ability, one can build a better world.” – Dalai Lama

12. Entrepreneurial Characteristics • Risk Taking • Entrepreneurs take risks, but they are not reckless. They take good risks. • “Often the difference between a successful man and a failure is not one's better abilities or ideas, but the courage that one has to bet on his ideas, to take a calculated risk, and to act.”-- Maxwell Maltz

13. Entrepreneurial Characteristics • Restless • Once entrepreneurs achieve their goals, they begin looking for new ones. • “You cannot expect to achieve new goals or move beyond your present circumstances unless you change.” – Les Brown

14. Entrepreneurial Characteristics • Action – Oriented • Entrepreneurs are doers as opposed to spectators. They set goals, make decisions, and act on their decisions. • “He doesn't get lost in theory. He's action oriented. He pulls a problem apart piece by piece and is bold with his decisions. And when you're in trouble, the worst path is indecision.”Anne Mulcahy

15. Entrepreneurial Characteristics • Enthusiastic • Entrepreneurs are energetic and passionate about their pursuits. • “For every sale you miss because you're too enthusiastic, you will miss a hundred because you're not enthusiastic enough.”-- ZigZiglar