Spirit of entrepreneur and qualities they have to be a successful person

1. • Dr. N. Yuvaraj
• Assistant Professor
• Achariya Arts and Science College
• Villianur , Puducherry

2. Most entrepreneurs probably asked themselves questions
like
Do I have what it takes to be an entrepreneur?
Will I succeed if a start a business of my own?
Am I strong, or determined enough to risk my hard earned
savings?

3. Most people dream of becoming their own boss, but the majority
of them will never fulfill this dream.
And the ones who finally set up their own a company does it for
significantly different reasons.
A decision like this could be inspired by a great idea as well as a
termination letter.
Successful entrepreneurs have common characteristics.

4. If you happen to possess similar personality traits to them,
there is a higher chance of success, when you decide to
choose the riskier path.
growing number of graduates coming out from various
institutions
increasing unemployment rate,
government is worried about the situation and need to take
measures to remedy the situation.

5. In a country like India, how do we shift the focus of youngsters
from chasing employment to creating jobs?
“This effort should begin right from the pre-school days in
children where teachers can drive kids to become future
entrepreneurs”.
Entrepreneurship is the ability to identify opportunities and
create value in them.
William D. Bygrave written about the attributes of successful
businessmen in his book The Portable MBA in Entrepreneurship

6. Bygrave’s 10 Ds of entrepreneurship
Dream Decisiveness
Doers Determination
Dedication Devotion
Details Destiny
Dollars Distribute

7. Dream
Entrepreneurs have a vision of what the future could be like for
them and their businesses.
They have the ability to implement their dreams.
Decisiveness
They don’t procrastinate. They make decisions swiftly.
Their swiftness is a key factor in their success.

8. Doers
Once they decide on a course of action, they implement it as
quickly as possible.
Determination
They implement their ventures with total commitment.
They seldom give up, even when confronted by obstacles that
seem insurmountable.

9. Dedication
They are totally dedicated to their businesses, sometimes at
considerable cost to their relationships with friends and families.
They work tirelessly. Twelve-hour days, and seven-day work
weeks are not uncommon when an entrepreneur is striving to get
a business off the ground.

10. Devotion
Entrepreneurs love what they do.
It is that love that sustains them when the going gets
tough.
It is love of their product or service that makes them so
effective at selling it.

11. Details
It is said that the devil resides in the details.
That is never more true than in starting and growing a business.
The entrepreneur must be on top of the critical details.
Destiny
They want to be in charge of their own destiny rather than
dependent on an employer.

12. Dollars
Getting rich is not the prime motivator of entrepreneurs.
Money is more a measure of success.
They assume that if they are successful they will be
rewarded.
Distribute
Entrepreneurs distribute the ownership of their businesses
with key employees who are critical to the success of the
business.

13. Conclusion:
The entrepreneurial spirit is a gift that inspires others to
become the best they can be.
From passion and positivity to leadership and ambition.

14. Thank you