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  • Characteristics of An Entrepreneur

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    Neueth Neethu
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    An entrepreneur must have integrity, honesty, ethics, flexibility, ambition, and the ability to set goals and act as a role model. They need strong conceptual skills, maturity, administrative ability, organizational skills, intelligence, creativity, and the ability to innovate. Qualities like vision, motivation, determination, risk-taking, creativity, and self-confidence are important. Entrepreneurship can be influenced by one's caste, religion, family background, education level, work experience, and migration history. There are economic, psychological, and social views of entrepreneurship. Barriers include a lack of viable concepts, market familiarity, technical skills, seed capital, and legal constraints.

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    An entrepreneur must have integrity, honesty, ethics, flexibility, ambition, and the ability to set goals and act as a role model. They need strong conceptual skills, maturity, administrative ability, organizational skills, intelligence, creativity, and the ability to innovate. Qualities like vision, motivation, determination, risk-taking, creativity, and self-confidence are important. Entrepreneurship can be influenced by one's caste, religion, family background, education level, work experience, and migration history. There are economic, psychological, and social views of entrepreneurship. Barriers include a lack of viable concepts, market familiarity, technical skills, seed capital, and legal constraints.

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    18 views15 pages

    Characteristics of An Entrepreneur

    Uploaded by

    Neueth Neethu
    An entrepreneur must have integrity, honesty, ethics, flexibility, ambition, and the ability to set goals and act as a role model. They need strong conceptual skills, maturity, administrative ability, organizational skills, intelligence, creativity, and the ability to innovate. Qualities like vision, motivation, determination, risk-taking, creativity, and self-confidence are important. Entrepreneurship can be influenced by one's caste, religion, family background, education level, work experience, and migration history. There are economic, psychological, and social views of entrepreneurship. Barriers include a lack of viable concepts, market familiarity, technical skills, seed capital, and legal constraints.

    Copyright:

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    of 15

    Characteristics of an entrepreneur

    Ambitious
    Clear vision
    Passionate
    Integrity
    Honesty
    Ethics
    Flexibility
    Ability
    Conceptual skills
    Maturity
    Goal Setter
    Role model
    (Conti-next page)
    Administrative ability
    Organizational skills
    Intelligence
    Creativity
    Innovation
    Clear objective
    Business secrecy
    Sound knowledge
    Emotional stability
    Public relations
    Effective communication
    Technical knowledge
    Qualities of an entrepreneur
    Vision Aptitude
    Innovation For change
    Organizing Adaptability
    Abilities Flexibility
    Motivation Determination
    Pride Will power
    Risk taking Creativity
    Dynamism Self confidence
    Intelligence
    Knowledge
    Commitment dreamer
    Socio-economic origin of
    entrepreneurship
    Caste-religion
    Family background
    Level of education
    Level of perception
    Occupational background
    Migratory back ground
    Entry into entrepreneurship
    Nature of enterprise
    Investment capacity
    Ambition/motivation
    Various views regarding
    entrepreneurship
    Economic
    Psychological
    Social
    Barriers of entrepreneurship
    Lack of viable concept
    Lack of market familiarity
    Lack of technical skills
    Lack of seed capital
    Patent inhibition
    Legal constraints
    Lack of business know-how
    Classification of entrepreneurs

    According to the type of business


    1)Business entrepreneurs
    4)Corporate entrepreneurs
    2)Trading entrepreneurs
    5)Agricultural entrepreneurs
    6)Retail entrepreneurs
    7)Service entrepreneurs
    3)Industrial entrepreneurs
    Health entrepreneurs
    Role of entrepreneurs
    Innovator for economic growth
    Generation of employment opportunities
    Balanced regional development
    Export promotion
    Import substitution
    Meeting local demands
    Entrepreneurial Environment
    Political
    Economical
    Social
    Cultural
    Technological
    Legal
    According to technology
    Motivation
    Growth
    Area
    Organisation
    Gender and age

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