LESSON 3:

ENTREPRENEURIAL
SKILLS
By: Quero & Cañete
WHAT ARE ENTREPRENEURIAL
SKILLS?
 Technical expertise, leadership and business management skills, as well as creative thinking,
are all examples of entrepreneurial abilities. Because entrepreneurial talents can be applied to a
wide range of professions and sectors, refining your entrepreneurial abilities may involve the
development of a diverse set of skills.
1. BUSINESS MANAGEMENT
SKILLS
 Successful entrepreneurs frequently rely on their business talents to nun and expand a
business or brand Improving your capacity to multitask data work to subordinates and make
decisions about your company's heath and profitability are all part of developing your business
management skills.
2. TEAMWORK AND
LEADERSHIP SKILLS
 Assuming leadership roles and working as part of a team can also assist you becoming a
successful entrepreneur. You will almost probably operate as bos a supervisor and a team
member as a business owner and you will need to rely on solid leadership skills to motivate
your employees.
3. COMMUNICATIONS AND
LISTENING
 Entrepreneurs and business owners should focus on their communication skills as well. From
active listening to talks during meetings. being able to communicate effectively can help you
cooperate with people to improve your business in the same way, excellent communication
can help you boost brand recognition. Effective and clear messaging sent via email content
marketing social media, and other advertising channels, for example, can have a favorable
impact on how you reach your target market.
4. CUSTOMER SERVICE
SKILLS
 Regardless of the type of business you start as an entrepreneur you may d to develop great
customer service skills From talking with potential ends exploring partnership prospects,
effective customer service skills may help you connect with your consumer base and ensure
your brand is providing the tas or services your market need.
5. FINANCIAL SKILLS
 Managing your company's finances is a crucial aspect of being a business owner. Working
with a financial planner reading financial guidebooks and using financial software to organize
and track your business's financial procedures are all ways to improve your financial skills.
6. ANALYTICAL AND
PROBLEM-SOLVING SKILLS
 Successful entrepreneurs may also have exceptional analytical and problem-solving skills.
This is because there can be many aspects of building a brand or business that can require
difficult decisions, finding solutions to obstacles and using creative thinking to develop plans
and strategies that will help you achieve your business goals.
7. CRITICAL THINKING SKILLS
 Critical thinking skills, like analytical skills, may be essential for the growth of your overall
entrepreneurial ability Decision-making and problem-solving can be aided by the ability to
analyze problems, conditions projects and activities from several perspectives Critical thinking
abilities may be required for strategic planning and assessing the techniques you're using to
make changes or improve your business strategy as needed.
8. STRATEGIC THINKING AND
PLANNING SKILLS
 Strategic thinking can benefit from critical thinking skills. Entrepreneurs who have built
brands and businesses are likely to have devised growth and development strategies for their
enterprises using their strategic planning talents. Being a successful entrepreneur necessitates
preparation and being able to think strategically can assist you in identifying ways to outsmart
your competitors, expand your market reach, or implement effective techniques to meet your
goals.
9. TECHNICAL SKILLS
 Software solutions for financial analysis, planning, marketing and other company tasks are
easily available, so strengthening your technology abilities can be really beneficial
Entrepreneurs with excellent technological skills may manage projects, track sales and
revenue, and evaluate business growth using software and other digital tools.
10. TIME MANAGEMENT AND
ORGANIZATIONAL SKILLS
 Entrepreneurs must also be able to organize and manage their time Two tactics that can help
you develop these skill sets include breaking down work into manageable to-do lists and
setting deadlines and fair objectives for yourself and your team. You might also employ
technology to organize your business files or hire an office assistant to assist you with
paperwork, business documents and customer files.
11. BRANDING, MARKETING
AND NETWORKING SKILLS
 Entrepreneurs may spend the majority of their time marketing and networking with other
professionals in order to promote and build their businesses Being able to create and
implement effective branding and marketing strategies is a crucial component of becoming an
entrepreneur You can begin by taking a free online course on branding and marketing
essentials and networking with other companies.
THANK YOU FOR LISTENING!
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