This document discusses the traits of successful entrepreneurs. It defines an entrepreneur as someone who starts businesses and takes on financial risks with the goal of making a profit. Common traits of entrepreneurs include being creative, risk-taking, innovative, and having perseverance. The most important traits are said to be perseverance, adaptability, and reliability. Having humility is also discussed as important to avoid excessive pride that could prevent learning from others. The document provides contact information for Chris Hutchinson to ask questions.

1. Entrepreneurial
Roles & Initiatives -
What does it take to be a
successful entrepreneur?
Chris Hutchinson
Business Development Director
Allies Incorporated Sp. z o.o.

2. What is an entrepreneur?
 A person who sets up a business or businesses, taking on financial risks
in the hope of profit.
 An individual who creates a new business, bearing most of the risks and
enjoying most of the rewards.
 One who organizes, manages and assumes the risks of a business or
enterprise.
 Someone who exercises initiative by organizing a venture to take benefit
of an opportunity and, as the decision maker, decides what, how, and
how much of a good or service will be produced.
An entrepreneur supplies risk capital as a risk taker, and monitors and
controls the business activities. The entrepreneur is usually a sole
proprietor, a partner, or the one who owns the majority of shares in an
incorporated venture.
According to economist Joseph Alois Schumpeter (1883-1950),
entrepreneurs are not necessarily motivated by profit but regard it as a
standard for measuring achievement or success.

3. Entrepreneurial Background
 Cordicate IT
 Buryyourbookie.com
 Lingporada Consulting (language)
 Curb-Tec Europe (construction)
 Cordicate Enterprises (defense)
 Allies Inc. Sp. z o.o. (defense)
 Curb-Tec International (construction)

4. Who are entrepreneurs?
What is the “entrepreneurial spirit?”
 Common traits

5. Who are entrepreneurs?
What is the “entrepreneurial spirit?”
 Common traits
 Creative
 Risk-takers
 Innovative
 Visionary
 Perseverance /
Intestinal Fortitude
 Passionate
 Competitive
 Strong People Skills
 Determined
 Motivated
 Flexible / Adaptable
 Strong Work Ethic /
Hardworking
 Decisive
 Resourceful
 Confident
 Open-minded
 Self Starter / Take
Initiative
 Self-disciplined
 Optimistic
 Persuasive
 Attention to Detail

6. Who are entrepreneurs?
What is the “entrepreneurial spirit?”

7. Who are entrepreneurs?
What is the “entrepreneurial spirit?”
 Common traits
 Creative
 Risk-takers
 Innovative
 Visionary
 Perseverance /
Intestinal Fortitude
 Passionate
 Competitive
 Strong People Skills
 Determined
 Motivated
 Flexible / Adaptable
 Strong Work Ethic /
Hardworking
 Decisive
 Resourceful
 Confident
 Open-minded
 Self Starter / Take
Initiative
 Self-disciplined
 Optimistic
 Persuasive
 Attention to Detail

8. Most Important Traits
 Perseverance / Intestinal Fortitude / Willpower
“Nothing in the World can take the place of persistence. Talent will
not; nothing is more common than unsuccessful men with talent.
Genius will not; unrewarded genius is almost a proverb. Education
will not; the world is full of educated derelicts. Persistence and
determination are omnipotent. The slogan ‘press on’ has solved and
always will solve the problems of the human race.” – U.S. President
Calvin Coolidge
“I'm convinced that about half of what separates successful
entrepreneurs from the nonsuccessful ones is pure perseverance.” –
Steve Jobs

9. Most Important Traits
 Adaptable
“It is not the strongest of the species that survives, nor the most
intelligent. It is the one that is most adaptable to change.” –
Charles Darwin
Why?
 Because change is inevitable.

10. Most Important Traits
 Reliable
Why?
 Because you would be surprised how rare it actually
is in business. If you simply do what you say you will
stand out.

11. Most Important Traits
 Humility
Why?
 Because humility is the opposite of hubris (i.e.
excessive pride, arrogance), which causes a person
to not listen to others nor change course even when
it’s the right thing to do.
 Because humility is about service.

12. A Great Wife
 Shoulder to cry on
when you need it
 Kick in the pants
when you need
that
 Financial
 Daily life support;
pick up your slack
 Perspective

13. Contact Information
Chris Hutchinson
Email: ch@allies.com.pl
 Facebook: chrishutch13
 Twitter: chrishutch31
 LinkedIn
Questions?