Who is an Entrepreneur?

Presented by

Dr. Aung kyaw

Pre-requisites to be An Entrepreneur
1. NEED FOR ACHIEVEMENT

(Most people dream of success and achievement, but do

not take any action, entrepreneurs have a strong desire
to achieve a higher goal and make their dreams come
true)
Pre-requisites to be An Entrepreneur
2. PERSEVERANCE

(Entrepreneur is not exception. They fail several

times until success. But they cannot be deterred by
difficulties and problems. They work hard until the
whole project is successfully accomplished)
Pre-requisites to be An Entrepreneur
3. MODERATE RISK TAKER

(Entrepreneurs are neither high-risk taker nor

gamblers. They calculate the extent to give and
take, probabilities of success. They love big reward
but a fair chance to win)
Pre-requisites to be An Entrepreneur
4. ABILITY TO SEE AND ACT UPON OPPORTUNITIES

(Entrepreneurs are quick to see and seize opportunities.

Opportunities come from unmet needs, gap between
supplier and customer, problems and difficulties and
environmental changes)
Pre-requisites to be An Entrepreneur

5. ANALYTICAL ABILITY

(Entrepreneurs are realistic and objective. They

rely on evidence rather than personal likes and
dislikes. They select experts rather than friends)
Pre-requisites to be An Entrepreneur

6. LEARNING FROM MISTAKES

(Entrepreneurs are good learners. They learn from

the failures of their own and others. They do not
commit the same mistake again)
Pre-requisites to be An Entrepreneur

7. PLANNER

(Entrepreneurs think ahead, plan for the future, set a

goal for themselves and then work to make it come
true)
Pre-requisites to be An Entrepreneur

8. FLEXIBILITY

(Entrepreneurs tend to change their decisions after

weighing the pros and cons and the situations. They
are the people with open-minded)
Pre-requisites to be An Entrepreneur

9. ENERGISTICS

(Entrepreneurs are capable of working for long

hours and tacking different problems at the same
time)
Pre-requisites to be An Entrepreneur

10. INTERPERSONNAL SKILLS

(An entrepreneur is a person who comes across

many types of persons with whom he has to deal.
He should be person who likes working with people
and who has skills of dealing with people)
Pre-requisites to be An Entrepreneur

11. MOTIVITOR

(An entrepreneur cannot work him/herself alone. He/she

needs to work together with others in doing business.
Motivating skill is very important to do people what need to
be done and use their maximize efforts and abilities)
Pre-requisites to be An Entrepreneur
12. FORWARD LOOKING

(Entrepreneurs show a high level of future orientation.

They do not allow the past to obsess them)
- What things are likely to happen and what actions need to be done to deal with
them?
 Do you have these characteristic?
Don’t worry
• An individual may not have all these skills
• But, many of them are necessary to be a
successful entrepreneur
• A person aspiring for entrepreneurship is
making an inventory of the these traits
• These skills/characteristics can be developed
or promoted by knowing them and changing
mindset and behavior