QUALITIES AND CHARACTERISTICS

An entrepreneur must have an innovative aptitude, pick the right opportunity, and initiate action.

An entrepreneur should have this of the economic and non-economic environment of business like the market, consumer attitudes, technology, etc.

He/she must possess these so as to predict changes in the business environment.

An entrepreneur should possess the qualities of a good leader.

Entering any venture is full of risks and uncertainties. In order to deal with various kinds of risks and uncertainties efficiently, the entrepreneur should have this quality.

He/she should be prepared to adapt to the changes taking place in the system.

For achieving success in life, one should have confidence in himself/ herself.

He has to put in extra efforts to ensure success of the enterprise started by him.

is the spark that drives the development of new products or services or ways to do business. It is the push for innovation and improvement.

is what motivates the entrepreneur to work hard. Planning of an ideas must be joined by hard work to succeed.