Successful entrepreneurs come from diverse backgrounds and possess a variety of skills. They take calculated risks and have the ambition to overcome challenges through hard work. Key traits include confidence, a willingness to learn constantly, strong communication and selling skills, and an ambition to innovate through new ideas, processes, and solutions.

2.  Are successful entrepreneurs born or developed?
 Entrepreneurs are multi-talented & diverse but are not created
from same blueprint
 They come from different:
◦ Geographic Locations
◦ Upbringings
◦ Income Brackets
◦ Social Classes
◦ Education Levels

3.  Successful entrepreneurs have to put many different masks at the
same time, she/he can be:
◦ Project Manager
◦ Accountant
◦ Marketer
◦ Salesman
◦ Human Resource Manager
◦ Supply-chain Manager
◦ PR Manager & much more!
 Do you have what it takes to be a successful entrepreneur?

4.  They have to take risks it’s the part of running a business
 They take calculated risks, not foolish ones
 This means they evaluate the pros & cons of every decision
 They take the advantages & disadvantages of every move into
consideration
 They look at all possible outcomes & then make a decision taking
everything into consideration
 Taking risks is part of the game; however taking calculated risks
brings about a positive outcome most of the time

5.  How could they not be?
 She/he has to have ambition in order to be a successful entrepreneur
 If there are problems in the business they keep the ambition to fix
them
 Doing so comes to them as a habit; it is their state-of-mind
 Everyone is not ambitious & this quality defines an entrepreneur

6.  For successful businessmen work is their life
 Successful entrepreneurs never look at it as 9 to 5 job
 Their business is their life and they work extremely hard to
accomplish their goals
 It doesn’t mean that they are workaholics or are married to their
jobs
 They set boundaries & know how to work hard & work smart!

7.  Entrepreneurs have a high level of confidence
 They get the job done even under stressful conditions
 They know that big challenges breed big rewards
 This quality allows them to spot an opportunity when for others it
as a possible challenge
 When others are focusing on the challenge, an entrepreneur will
focus on the finish line & the end reward

8.  An entrepreneur has to be sharp, which requires constantly
learning
 Industries constantly change & evolve
 Only those who grow constantly with it will stay ahead
 Staying sharp through constant learning enables an entrepreneur to
stay ahead & avoid getting passed
 Reading books & industry news is very helpful to learn & absorb
new information

9.  Knowing how to sell is absolutely essential part to be a successful
business owner
 An entrepreneur should have strong communication skills to sell
the product & motivate employees
 If she/he cannot express what makes their product or service a
solution, then it will be a rough ride for them
 If the creator is unable to explain it then who will?

10.  Successful entrepreneurs can usually be identified by their ambition
to innovate, which involves
◦ Developing New Ideas
◦ Methods
◦ Processes
◦ Products or Services
◦ New solutions that meet new requirements
 Entrepreneurs often come up with solutions which are the
combination of different items
 They will repurpose products to market them to new industries