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• With the increasing competition of the entrepreneurs in the market the products are available at low and
competitive cost.
Tick ( ) if you know this.
Entrepreneurship is a driving force of our modern global economy.
Society also plays an important role in boosting entrepreneurship.
Kiran Mazumdar shaw is the founder of Biocon Limited.
Kalpana Saroj is the first woman entrepreneur of India and she is of the CEO of Kamani Tubes.
QUALITIES OF AN ENTREPRENEUR
There are many qualities of a successful entrepreneur. Let us study about some of them.
Hard Working
A successful entrepreneur is always a hardworking person. He is always
willing to put extra efforts to bring success to his startup. He works with his
true spirit as he knows that it is his work and working hard will benefit his
business. There is no time constraint for his working hours. He works even
on holidays so that his business can flourish.
Optimistic
Entrepreneurs take risks in terms of time and money. They put their dreams
into action so they need to be optimistic to see the success of their dreams.
Optimistic people tend to be more creative in their thinking. It stimulates
all kinds of creative ideas which will lead to new products, services, or
businesses having a greater chance of success. Sometimes they even face
so many problems and setbacks but still they do not give up.
Independent
An entrepreneur is a person who creates new ventures by using his own
innovative ideas. He loves to work independently to make important
decisions related to his venture. Whatever the outcome of his decisions
taken independently he feels satisfied and whole sole responsible. This gives
him freedom to work and claims to be a key advantage to running their own
business successfully.
Energetic
An entrepreneur always needs to be energetic as he is working for his own
startup. A good energy level will help him to be fully dedicated to his dreams.
They are continuously working with full energy to try multiple approaches
that can benefit their startup.
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