Traits / Qualities of an Entrepreneur

A entrepreneur should have some particular qualities. otherwise he/she can’t be a successful entrepreneur. The major entrepreneurial qualities / traits that are required to be a successful entrepreneur consist of the following:

Qualities of an entrepreneur

  1. Self-confidence: Confidence, independence and individuality, leadership dynamism, commitment, etc.
  2. Originality: Innovative, creative, resourceful, initiative, versatile knowledge.
  3. People oriented: Gets along with other, flexible, and responsive to the suggestions or criticisms.
  4. Task-result oriented:  Need for achievement, profit oriented, perseverance and determination, hard working and energetic.
  5. Future oriented: Foresight, concern for improvement.
  6. Risk taking: Risk taking and challenging.

These are some of the qualities that an entrepreneur should posses to become successful in the pursuit of his entrepreneurial career. The pertinent question is whether a person can posses all these qualities.

In fact the presence of all these qualities may not be found in an individual but a good mix of these can be found in a man who may be developed as an entrepreneur through concerted efforts and providing necessary support services.

Some of the qualities are inborn or inherited by birth and some can be acquired through training, education and experience.

Qualities of an Entrepreneur

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