ESSENTIAL
CHARACTERISTICS
OF AN ENTREPRENEUR
PRESENTATION BY
Himansu S M / 16-Jul-2013
1
INTRODUCTION
• Entrepreneurs are Human Beings like us.
• But the do have certain personal traits which
make them stick to ...
CHARACTERISTICS
OF AN ENTREPRENEUR
• PERSONAL TRAITS
• INTER-PERSONNEL BEHAVIOUR
• ACHIEVEMENT CLUSTER
• PLANNING CLUSTER
...
PERSONAL TRAITS - 1
• Positive Mental Attitude
• Positive self-concept
• Entrepreneurs have a Positive Attitude towards
Fa...
PERSONAL TRAITS - 2
• Passionate about Learning
• Entrepreneurs are typically Multi-Skilled & Multi-
Faceted
• Independenc...
INTER-PERSONNEL BEHAVIOUR
• They Enjoy being around People
• They are Gregarious (Sociable)
• They have Excellent Communic...
ACHIEVEMENT CLUSTER - 1
• Need for Achievement
• Entrepreneurs are driven by Strong Desire
• Opportunity Seeking
• Ability...
ACHIEVEMENT CLUSTER - 2
• Decision-Making
• Perseverance
• Persistence
• Moderate Risk Taker
• Risk Taking Ability
• Not A...
PLANNING CLUSTER
• Vision
• Objectives Planning & Goal Setting
• Dedication
• Information Seeking
• Using Feedback
• Syste...
POWER CLUSTER - 1
• Entrepreneurs are Great at Persuasion and
Networking
• They have a Great Amount of Self-Confidence
and...
POWER CLUSTER - 2
• They exhibit Resourcefulness
• They are Dependable
• Proactive and not Reactive
• They possess Leaders...
WHEN THE GOING GETS TOUGH,
THEN THE TOUGH GET GOING
• This is a Popular Adage which literally
sums up all the characters o...
WHEN THE GOING GETS TOUGH,
THEN THE TOUGH GET GOING
This means that
when the situation (GOING)
becomes (GETS)
difficult (T...
HIMANSU S M / 16-JUL-2013
THANK YOU!
14
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Entrepreneurship Qualities

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Entrepreneurs are Human Beings like us.
But the do have certain personal traits which make them stick to the business and succeed.
Many researchers & observers have found some special characteristics that are usually present in an Entrepreneur.

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Entrepreneurship Qualities

  1. 1. ESSENTIAL CHARACTERISTICS OF AN ENTREPRENEUR PRESENTATION BY Himansu S M / 16-Jul-2013 1
  2. 2. INTRODUCTION • Entrepreneurs are Human Beings like us. • But the do have certain personal traits which make them stick to the business and succeed. • Many researchers & observers have found some special characteristics that are usually present in an Entrepreneur. • For convenience we have broadly divided them into the following FIVE categories - 2
  3. 3. CHARACTERISTICS OF AN ENTREPRENEUR • PERSONAL TRAITS • INTER-PERSONNEL BEHAVIOUR • ACHIEVEMENT CLUSTER • PLANNING CLUSTER • POWER CLUSTER 3
  4. 4. PERSONAL TRAITS - 1 • Positive Mental Attitude • Positive self-concept • Entrepreneurs have a Positive Attitude towards Failure • Prudence • Creativity • Entrepreneurs are very Optimistic • Possess Technical Skills and Knowledge • Knowledge & Knowledgeability 4
  5. 5. PERSONAL TRAITS - 2 • Passionate about Learning • Entrepreneurs are typically Multi-Skilled & Multi- Faceted • Independence • Flexibility • Analytical Ability • Orientation for Future • Hardworking • They are self-motivated 5
  6. 6. INTER-PERSONNEL BEHAVIOUR • They Enjoy being around People • They are Gregarious (Sociable) • They have Excellent Communication Skills • They have Interpersonal Skills • They are Good Motivators • They are Self-Driven with High Energy Levels • They have Excellent Negotiation Skills 6
  7. 7. ACHIEVEMENT CLUSTER - 1 • Need for Achievement • Entrepreneurs are driven by Strong Desire • Opportunity Seeking • Ability to find and Explore Opportunity • They are Strong-Willed • Ambition • Enthusiasm • Commitment • Commitment to the Work Contract • Grateful 7
  8. 8. ACHIEVEMENT CLUSTER - 2 • Decision-Making • Perseverance • Persistence • Moderate Risk Taker • Risk Taking Ability • Not Afraid of Risk or Success • Stress Taker • Facing Uncertainty • They have Great Survival Instincts and Adaptability • Demand for Efficiency and Quality 8
  9. 9. PLANNING CLUSTER • Vision • Objectives Planning & Goal Setting • Dedication • Information Seeking • Using Feedback • Systematic Planning and Monitoring • They are System-Oriented • They do Value Addition • They are Intuitive 9
  10. 10. POWER CLUSTER - 1 • Entrepreneurs are Great at Persuasion and Networking • They have a Great Amount of Self-Confidence and Self Esteem • They are Authoritative • They have a Sense of Ownership • They are Good Team Players • They are also Good Leaders 10
  11. 11. POWER CLUSTER - 2 • They exhibit Resourcefulness • They are Dependable • Proactive and not Reactive • They possess Leadership Quality • A Leader by Example • Entrepreneurs work under Constraints but Never Accept Constraints 11
  12. 12. WHEN THE GOING GETS TOUGH, THEN THE TOUGH GET GOING • This is a Popular Adage which literally sums up all the characters of successful Entrepreneurs. • (This is attributed to both Joseph P. Kennedy (1888– 1969), father of U.S. President John F. Kennedy, and sometimes to Norwegian-born American football player and coach Knute Rockne (1888–1931) 12
  13. 13. WHEN THE GOING GETS TOUGH, THEN THE TOUGH GET GOING This means that when the situation (GOING) becomes (GETS) difficult (TOUGH), then mentally strong and determined people (TOUGH) are able to manage (GET) the situation (GOING). 13
  14. 14. HIMANSU S M / 16-JUL-2013 THANK YOU! 14

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