Essay: Characteristics of successful entrepreneur

Sample Essay

The main characteristics of people who turn out to be entrepreneurs include the fact that they have the propensity to create a business or a profit making organization, and that they can scan and search the industry, market a well as the environment to determine business and profit making opportunities.

The entrepreneurial skills also include the capability to seek innovative solutions for the problems that the business might face or the innovative strategies that can be employed to take advantage of the opportunities that come up. Prospective entrepreneurs also tend to take an autonomous and strategic role when it comes to identifying the role of the organization in the market and making use of the opportunities presented into marketable goods and services that can be traded for high profits. Other traits of an entrepreneur include a vigorous strive that they have to achieve growth of their business along with high profits and to be able to bear higher risks for high profit generation

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