Business

6 characteristics of successful entrepreneurs

6 characteristics of successful entrepreneurs

Some time before, entrepreneurs were considered men. However, recently it has been reported by federation of small businesses (FSB) that women were beginning a high profile business in UK that did not happen before. In-fact, almost half of retail, hotels, leisure and catering start-ups has been launched by women in recent two years. This shows a massive increase, when compared with the survey of 20 years before. It was the time when there were very rear start-ups owned by females. But now most of start-ups have been handled by female entrepreneurs who are paying their role for driving the economic growth in various town centers.

6 characteristics of an EntrepreneurNow the thing to run a business does not only depend on money and this is due to rising of “social entrepreneurs” and increase number of people who are starting value-driven businesses, where social cause and profit move side by side. There can be any cause of individual motivation but there are 6 characteristics which are common among most of the entrepreneurs. Let’s discuss in detail below:

  1. Capable to mark opportunities:

Entrepreneurs seek potential including small and large possibilities before other conceive. So if you have any new business idea in your mind, then seek for the gape in market and focus on the better way by which you can do something.

  1. Potential for taking action:

Entrepreneurs are willing and ready to do something that can cause to make something for them. Having ideas regarding business is not the only thing, the thing which matters is action that you take. This thing lies in entrepreneurs that they have idea which can motivate them to go further.

  1. Determination and resilience:

Entrepreneurs do not delay their decision on skeptical experts who suggest them what to do and what should not. Taking next step about the thing that you believe and passionate about despite listening what others said is same with that you do in your daily matters.

  1. Ownership and wish for freedom:

Entrepreneurs seek choices and have great control on their way of living. These things are difficult to achieve while working under someone else. They take most of the decisions that can affect your life. Many professionals have to reconsider about their future and their long term future goals that belong to them.

  1. Natural adaptability:

Entrepreneurs adapt changing environment and circumstances. They do everything that can take their innovative business idea forward and become established. They seek assistance when they find need of it and learn innovative ways to put their business into a good situation.

successful entrepreneurs

  1. Generate and make things good:

The most restless desire of entrepreneur is to create things happen. They are interested in doing something that can happen first time, making it better, putting effort to create something different from nothing, take interest in personal challenges that can convert their dreams to existence of possibilities. Now in challenging world, entrepreneurs are becoming source to drive economy. When other trade paper pieces they manage and facilitate in a secret way. It is the entrepreneurs that can be called as economic heroes.

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@iMZahidIqbal @eZahidIqbal

Member of National Youth Assembly of Pakistan. Writing about developing World technologies and entrepreneurship. Associate at Microsoft BizSpark & International Development Innovation Network. Follow me on Twitter and Facebook.

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