The document discusses the personal entrepreneurial competencies and characteristics needed to be a successful entrepreneur. It defines entrepreneurs as individuals who identify business opportunities by delivering needed products and services. Successful entrepreneurs possess qualities like being opportunity-seeking, goal-oriented, risk-taking, hardworking, and persistent problem solvers. Key characteristics include being disciplined, creative, confident, and able to accept change. Important skills are having strong planning, people, and decision-making abilities.

1. PERSONAL ENTREPRENEURIAL
COMPETENCIES
ELECTRICAL INSTALLATION AND MAINTENANCE 10

2. PERSONAL ENTREPRENEURIAL COMPETENCIES
•Entrepreneurs are people with skills and capabilities to see and
evaluate business opportunities. They are individuals that can
strategically identify products or services needed by the community.
Consequently, they deliver these products and services at the right time
and at the right place.
•Furthermore, entrepreneurs are agents of economic change; they
organize, manage and assume risks of a business. Some of the good
qualities of an entrepreneur are opportunity seekers, risk takers, goal
setters, excellent planners, a confident problem solvers, hardworking,
persistent and committed workers.

3. PERSONAL ENTREPRENEURIAL COMPETENCIES
•Entrepreneurship is a strategic process of innovation and creation
of new ventures. Basically, entrepreneurship is both an art and
science of converting business ideas into marketable products or
services to improve the quality of living.

4. PERSONAL ENTREPRENEURIAL COMPETENCY
•The key characteristics that should be possessed by successful or
budding entrepreneurs in order to perform entrepreneurial
functions effectively is called as Personal Entrepreneurial
Competency. The Personal Entrepreneurial Competency may be
termed as qualities such as generic and specific knowledge,
motives, traits, self-images, social roles, and skills that result in
venture birth, survival, and/or growth.

5. BELOW ARE FEW IMPORTANT CHARACTERISTICS / TRAITS /
ATTRIBUTES OF A GOOD ENTREPRENEUR:
•Hardworking: These are people
that works attentively in laboring
and puts effort into doing and
completing tasks. To produce good
products and results or provide
good services hardworking people
keep on improving their
performance.

6. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
•Confident: Faith in one’s skill and
own judgment are characteristics
that an Entrepreneurs must have. In
order to survive with all the risks of
operating their own business
Entrepreneurs must exhibit self-
confidence.

7. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
•Disciplined: Successful
entrepreneurs constantly stick
on the design and fight the
attraction to do what is not
relevant.

8. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
• Committed: A good
entrepreneur takes full
accountability of everything
in their business. They give
complete assurance and
continuous commitment to
make the company fruitful.

9. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
• Ability to Accept Change:
Change regularly happens.
When one owns a business,
they should adopt and flourish
on changes. To make their
business grow they have to
benefit from positive changes.

10. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
•Creative: To stay in the
business and in order to have
an edge over the other
challengers an entrepreneur
should be inventive and
pioneering.

11. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
•Has the Initiative: An
entrepreneur takes the lead. An
entrepreneur must put
themselves in a position where
you are answerable for the
success or failure of their
business.

12. CHARACTERISTICS / TRAITS / ATTRIBUTES OF A GOOD
ENTREPRENEUR:
•Profit-Oriented: An entrepreneur
venture into the world of business
to make profit or extra income.
This may become the means of
support for you and for your
family as well. Therefore, you
must see to it that the business
can make profit.

13. LISTED BELOW ARE THE IMPORTANT SKILLS OF A
SUCCESSFUL ENTREPRENEUR:
•Excellent Planner: Calculated judgment and placing of
targets to achieve aims by carefully capitalizing all the
available resources is called planning. To realize the aims
a good entrepreneur creates and applies step-by-step
strategies. Planning is an effective skill only when an
entrepreneur combines it with action.

14. LISTED BELOW ARE THE IMPORTANT SKILLS OF A
SUCCESSFUL ENTREPRENEUR:
•Possesses People Skills: In order to be successful in any kind of
business an entrepreneur must possess people skills. Effective and
efficient communication and relation to people working in and out
of your business is referred to as people skills. In day-to-day
business dealings, you need to transact with people. The
difference between success and failure of the business can be
spelled out by a well-developed people skill.

15. LISTED BELOW ARE THE IMPORTANT SKILLS OF A
SUCCESSFUL ENTREPRENEUR:
•Sound Decision Maker: Successful entrepreneur have the
skill to think swiftly by making intelligent choice on the way
to pre-determined set purposes. Sound decision should give
out from given proofs and evidence and should be on the
road to the pre-determined goals.

16. VALUING
•The Personal Entrepreneurial Competencies are the most important
characteristics that an individual should possess by in order to
perform entrepreneurial functions effectively. These PECs are
important characteristics, attributes, lifestyle, skills and traits of a
successful entrepreneur in order to be successful in a chosen career.
Some of the important characteristics / traits / attributes of a good
entrepreneur are disciplined, creative, confident, hardworking,
committed, ability to accept change, profit-oriented. While the
important skills of a successful entrepreneur are sound decision
maker, possess people skill, excellent planner.

17. LESSON
•A more fine descriptions has labelled entrepreneurship
as the development of designing, beginning and running
a new company, which is often originally a small
business, or as the capacity and readiness to advance,
establish and accomplish a business venture along with
any of its dangers to make an income.

18. THERE ARE MANY SKILLS ESSENTIAL TO START A BUSINESS.
THE MOST COMMON ENTREPRENEUR SKILLS ARE:
•Marketing refers to events a company assumes to endorse the
buying or selling of a product or service.
•Business development is the activity of following calculated chances
for a specific business.
•Customer service is the turn of taking care of the customer's
requests by providing and bringing specialized, supportive, high
quality service and support before, during, and after the customer's
requirements are met.

19. THERE ARE MANY SKILLS ESSENTIAL TO START A BUSINESS.
THE MOST COMMON ENTREPRENEUR SKILLS ARE:
•Leadership is the ability of encouraging a group of people to
perform on the way to attaining a mutual aim.
•Execution is acquiring an opinion and actually turning it reality.
•Resilience is the method of adjusting well in the face of
hardship, suffering, calamity, fears or substantial foundations
of pressure — such as family problems, health problems, or
work and monetary stressors.

20. THERE ARE MANY SKILLS ESSENTIAL TO START A BUSINESS.
THE MOST COMMON ENTREPRENEUR SKILLS ARE:
• Focus is so significant because it is the opening to all knowledge:
observation, retention, education, perceptive, problem solving, and
decision making.
• Determination is defined as a steady intent or a choice which has been
gotten.
• Talent acquisition refers to the method of recognizing and attaining
expert employees to meet your organizational requirements.
• Continuous learning refers to the capability to constantly progress and
advance one's skills and knowledge in order to do well and adjust to
changes in the workplace.