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CHARACTERISTICS OF AN ENTREPRENEUR


                 Let us now look at some of the distinguishing characteristics of entrepreneurship.
                 •  Ability to take up risks.
                 •  Believe in hard work and discipline.
                                                                             SUBJECT: Youngest Self-made Billionaire in India
                 •  Adaptable and flexible to achieve the goals of
                   enhancing quality and customer satisfaction.
                                                                            Nithin  Kamath,  a  Chartered  Accountant  (CA)
                 •  Knowledge of the product and services and               and founder as well as the CEO of Zerodha. He
                   their need or demand in the market.                      built a hassle-free online discount brokerage
                 •  Financial  literacy  and money  management              firm.
                   skill.

                 •  Effective planning, and execution.



                         QUALITIES OF AN ENTREPRENEUR

                 A person who does not take risks, is not open to new ideas and running the business only to earn a steady source
                 of income is not an entrepreneur. An entrepreneur needs to have the following set of qualities to make his business
                 grow:
                 •  Patience: Entrepreneurship often involves facing challenges and uncertainties. Patience is essential to handle difficult
                   times and waiting for the efforts to be paid, especially at the time of dealing with setbacks. It allows entrepreneurs
                   to maintain a long-term perspective and make strategic decisions.

                 •  Positivity: A positive mindset is essential in overcoming obstacles and setbacks. It helps entrepreneurs to stay
                   focused on solutions rather than problems even when he/she takes big risk.


                 •  Hardworking, Never Giving Up and Perseverance: Hard work is the foundation
                   for building and sustaining a successful business. Entrepreneurs should never
                   give up in attaining their goals, even at the time of failures. It is important to
                   learn from setbacks and keep on moving towards their goals.


                 •  Confidence: Confidence plays a crucial role in making decisions, taking risks, and leading a team. Entrepreneurs
                   need to believe in their abilities and vision to inspire trust in others, including employees, investors, and customers.
                   Confidence brings vision and help navigate through uncertainty.
                 •  Open to Trial and Error: Entrepreneurs need to be open to new ideas and try them without fear of failure. Being
                   open to trial and error allows entrepreneurs to adapt their strategies, refine their approach, and discover what
                   works best for their business.



                                                     •   Creativity  and  Innovation:  Creativity  is  the  driving  force  behind
                                                         innovation.  Entrepreneurs must have a creative mindset so  that they
                                                         can identify new opportunities, solve problems, and differentiate their
                                                         products or services in the market. This will help their businesses stay
                                                         competitive and adapt to changing environments.




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