Personal Entrepreneurial Competencies

He/she is quick to learn how to take advantage of challenges by converting them into opportunities.

• Seeking Information

• Opportunity Seeking

• Taking Moderate Risks

• Persistence

He/she believes that taking repeated good actions, varying or fine tuning his/her approach, until he/she gets the desired result would eventually lead him/her to success.

• Systematic Planning

• Setting Clear and Realistic Goals

• Seeking Information

• Persistence

A person takes full responsibility for his/her thoughts and actions. He/she starts work with enthusiasm, performs it correctly, and meets deadlines.

• Setting Clear and Realistic Goals

• Seeking Information

• Commitment to Work Contract

• Self-confidence

This is the ability of an entrepreneur to put quality as his/her personal trademark of excellence on whatever he/she does.

• Setting Clear and Realistic Goals

• Setting High Standards

• Seeking Information

• Self-confidence

This behavior of an entrepreneur involves taking calculated risks. He/she does weighs and carefully chooses alternatives to avoid losing money.

• Seeking Information

• Commitment to Work Contract

• Persistence

• Taking Moderate Risk

An entrepreneur generates necessary information about his/her target market, customers, suppliers, and competitors, and consults knowledgeable people on business and technical concerns.

• Taking Moderate Risk

• Oppotunity Seeking

• Seeking Information

• Self-confidence

This behavior of an entrepreneur deals with accomplishing well-defined tasks by dividing them into short-term and long term goals.

• Systematic Planning

• Taking Moderate Risk

• Commitment to Work Contract

• Setting Clear and Realistic Goals

This is the ability of an entrepreneur to accomplish desired goals in a logical and systematic manner.

• Setting High Standards

• Taking Moderate Risk

• Systematic Planning

• Persuasion and Building up Network

He/she has the power to convince or influence others to do what he/she wants them to do.

• Commitment to Work Contract

• Persuasion and Building up Network

• Taking Moderate Risk

• Systematic Planning

He/she recognizes that he/she has to look at his her positive qualities in a realistic manner.

• Opportunity Seeking

• Self-confidence

• Setting Clear and Realistic Goals

• Taking Moderate Risk