What is an entrepreneur?

An individual who
undertakes the
risk associated
with creating,
organizing, and
owning a
business.
 3.01 Characteristics
of Successful
Entrepreneurs

3.01 Recall personal characteristics and

skills needed for a successful entrepreneur.
 Personal characteristics of
successful entrepreneurs

•Persistent (not giving up, keep trying)

•Creative (looking at new ways of doing things,
developing solutions to problems)

•Responsible (doing what you are suppose to

do and being held accountable)

•Inquisitive (asking questions and seeking

answers, curiosity)
 Personal characteristics of
successful entrepreneurs
•Goal-oriented (focused on developing a
plan and achieving your goals)

•Independent (able to work or act alone,

doing things without supervision)

•Self-confident (belief in yourself and

your abilities)

•Risk taker (not afraid to do new things

and take risks)
Skills needed by successful
entrepreneurs
•Communication skills (possessing the
ability to read, write and speaking in an
understandable, accurate and professional
manner)

•Human relations skills (the ability to build

and maintain positive relationships, working
well with others)

•Math skills (knowledge of basic arithmetic

and business math skills such as calculating
profit)
Skills needed by successful
entrepreneurs
•Problem-solving and Decision-making
skills (the ability to assess situation and make
good decisions )

•Technical skills (knowledge of computers and

how to use them productively)

•Basic business skills (knowledge and

understanding of the economy and business
functions such as marketing and management)