Entrepreneurial Characteristics

It is clear that the definitions of the 'entrepreneur' are not similar. However, there are certain qualities and/or functions which explicitly or implicitly, feature in most of them. Each definition contains similar notions, such as newness/value, organizing, creating wealth, and risk taking, despite viewing the entrepreneur from a slightly different perspective. Failing to agree on a single definition, entrepreneurship specialists have resorted to drawing up lists of qualities and/or functions which typify the entrepreneur. Invariably, these lists include a combination of characteristics: People with entrepreneurial qualities and skills tend to enjoy the challenges, the hard work and the success of self-employment.

The characteristics of successful entrepreneurs

Successful entrepreneurs are usually described as follows;

Self-confident, Committed, Achievement-oriented, Innovative, creative, Self-reliant, Flexible, versatile, Energetic, Initiators, Positive thinkers, Moderate risk taker

Concentration, Discrimination, Organization, Innovation, Communication, Networking, Persuasive, Leadership qualities

Note: It is important to assess your own entrepreneurial characteristics. Every person is different and will have certain entrepreneurial characteristics that are stronger and others that are less developed. An honest assessment of your entrepreneurial characteristics can help you identify your strength and to identify areas that needs improvement.

Are Entrepreneurs Different?

Entrepreneurship is demonstrated when a person finds and exploits an opportunity to establish a business enterprise. Over 1.8 million small business entrepreneurs are doing this in the Tanzania. Comparable number for the whole world is huge. So what type of people are they?

Why and how People Become Entrepreneurs?

Push Factors

β€’ Economic necessity
β€’ Career frustrations

Pull Factors

β€’ Need for achievement
β€’ Need for independence
β€’ From role model
β€’ Need for flexibility

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How do you forget ?
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Whatever you have , is not by your power, nor your intelligence, nor your qualifications but the Grace of God
Have a wonderful new year 2017,
Be blessed In Jesus Name !

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possible best to save her life but they couldn't
cure her. They finally sent her to the big city
where specialists studied her rare illness. Dr.
Kelly was called in for the consultation, when he
heard the name of the town where she came
from, a strange light filled his eyes.
Immediately, he rose & went down the hall of
the hospital to her room. He recognised her at
once. He went back to the consultation room
determined to do his best to save her life.
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that case. After a long struggle, the battle
was won and the woman was cured. Dr. Kelly
requested the business office to pass her final
bill to him for approval. He looked at it, then
wrote something on the bill and It was sent to
her room.
The woman feared opening it cos she was sure it
might take the rest of her life savings to pay
for it . Finally she looked at it and noticed
something was written at the edge of the note,
'Paid In Full With a Glass of Milk'. Tears filled
her eyes as she immediately remembered.
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vain, it reproduces itself. Well, not necessarily
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