10 Important Personal Characteristics of Entrepreneurs

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10 Important Personal Characteristics of Entrepreneurs

Post by Admin on Wed Sep 27, 2017 3:21 pm

Learn the attributes that successful entrepreneurs tend to possess.
Being an entrepreneur requires much more than just big ideas. A true entrepreneur is a rare breed. It’s someone who possesses a unique cocktail of traits, skills and characteristics that enable them to beat the odds and go after their dreams full throttle. But what are those attributes? What does an entrepreneur need to succeed?

While we’d all love an entrepreneur’s handbook that tells us whether we have the ‘E Factor’ or not, the truth is that there is no right or wrong answer there is no discernible formula. But that doesn’t mean to say there aren’t a handful of traits we can pinpoint that are specific to entrepreneurs. Here are some of the attributes that, in our experience, successful entrepreneurs tend to possess in abundance.

They’re goal-oriented
Entrepreneurs are all about setting goals and putting their all into achieving them; they’re determined to make their business succeed and will remove any encumbrances that may stand in their way. They also tend to be strategic in their game plans and always have a clear idea in mind of exactly what they want to achieve and how they plan to achieve it.

They’re committed to their business

Entrepreneurs are not easily defeated; they view failure as an opportunity for future success, and if they don’t succeed the first time, they’ll stay committed to their business and will continue to try and try again until it does succeed. A true entrepreneur doesn’t take ‘no’ for an answer.

They’re hands-on

Entrepreneurs are inherently proactive, and know that if something really needs to get done, they should do it themselves. They’re ‘doers’, not thinkers, and tend to have very exacting standards. They view their business as an extension of themselves and like to be integral in its day-to-day operations even when they don’t have to be.

They thrive on uncertainty
Not only do they thrive on it they also remain calm throughout it. Sometimes things go wrong in business, but when you’re at the helm of a company and making all the decisions, it’s essential to keep your cool in any given situation. True entrepreneurs know this and secretly flourish and grow in the wake of any challenges.

They continuously look for opportunities to improve
Entrepreneurs realize that every event or situation is a business opportunity, and they’re constantly generating new and innovative ideas. They have the ability to look at everything around them and focus it toward their goals in an effort to improve their business.

They’re willing to take risks
A true entrepreneur doesn’t ask questions about whether or not they’ll succeed they truly believe they will. They exude this confidence in all aspects of life, and as a bi-product, they’re never afraid to take risks due to their unblinding faith that ultimately they will triumph.

They’re willing to listen and learn
The most important part of learning is listening and a good entrepreneur will do this in abundance.

They have great people skills
Entrepreneurs have strong communication skills, and it’s this strength that enables them to effectively sell their product or service to clients and customers. They’re also natural leaders with the ability to motivate, inspire and influence those around them.

They’re inherently creative
This is one trait that, due to their very nature, entrepreneurial business people have by the bucket load. They’re able to not only come up with ingenious ideas, but also turn those ideas into profits.

They’re passionate and always full of positivity
Passion is perhaps the most important trait of the successful entrepreneur. They genuinely love their job and are willing to put in those extra hours to make their business grow; they get a genuine sense of pleasure from their work that goes way beyond just cash.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Japhet Gargar on Wed Sep 27, 2017 8:57 pm

I can say that an entrepreneur cannot simply and easily succeed without these characteristics;
not like business is easy though.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Limbaga~ on Wed Sep 27, 2017 9:04 pm

Being an entrepreneur is not just an easy task where you just sell stuff and earn money. It takes alot of effort and hardwork to succeed.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by I'mAllen on Wed Sep 27, 2017 11:50 pm

As being said,being an entrepreneur means a serious business and not a big fat joke,for one must obsess these attributes to become an entrepreneur.Other than his/her money and the products or services he/she sells to customers,his/her character should be developed well in order for them to be successfull.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Admin on Thu Sep 28, 2017 8:30 am

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” In this quotation by Mark Twain, what do you think the important(s) of PEC's? -ADMIN

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Fri Sep 29, 2017 3:35 pm

Being a entrepreneur need to much efforts and hard works to succeed. Without these things you cannot succeed or you cannot easily succeed in business life. For short, goals are meant to be met, not to be dream of.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Fri Sep 29, 2017 3:35 pm

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” In this quotation by Mark Twain, what do you think the important(s) of PEC's

PEC`S is really important to assess and to know what characteristics, traits, attributes and special abilities you are lock to. PEC`S can also provide what kind of entrepreneurial activities you can do to improve yourself. PEC`S will help you to correct weaknesses and develop your strength for better benefits.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Fri Sep 29, 2017 4:06 pm

"The true entrepreneur is a doer, not a dreamer" Is this statement is true or false? Explain your answer.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Fri Sep 29, 2017 4:06 pm

For me the statement is true. Why? Because entrepreneurs have created things that have helped everyone in the world. Entrepreneurs are called innovators and creators because they want to help people through their products and services. When you dream you need to do things to achieve it. If you dream but you do not make the way to achieve it, it's just worthless. Everyone can dream but take steps to achieve it and become a great entrepreneur someday.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Jeeees Acar on Fri Sep 29, 2017 11:54 pm

10 Important Personal Characteristics of Entrepreneurs

If you want to start a business, it's essential to learn the specific skills that underpin these qualities. It's also important to develop entrepreneurial skills if you're in a job role where you're expected to develop a business.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Jeeees Acar on Fri Sep 29, 2017 11:58 pm

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” In this quotation by Mark Twain, what do you think the important(s) of PEC's?

Personal entrepreneurial competencies also known as PECs are the indispensable characters and traits entrepreneurs must possess in order to succeed in business. it is very important to assess the status or the personal competency level before engaging in a particular activity in order to know your weakness and strengths when it comes to entrepreneurship. In such a way, you will be able to correct your weaknesses and develop your strengths for the benefit of the activity.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Jeeees Acar on Sat Sep 30, 2017 12:00 am

“The type of person you are is usually reflected in your business. To improve your business, first improve yourself.”
― Idowu Koyenikan,

What do you mean by that?

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Jeeees Acar on Sat Sep 30, 2017 12:02 am

Are you a Goal Oriented Person?

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Jeeees Acar on Sat Sep 30, 2017 12:04 am

Why is listening a skill??

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Jeeees Acar on Sat Sep 30, 2017 12:05 am

Why is listening a skill?

Verbal communication involves both speaking and listening. In a business organization, listening is key to effective working relationships among employees and between management and staff. Listening skills also impact a company's interaction with customers and other businesses.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Sat Sep 30, 2017 4:52 pm

“The type of person you are is usually reflected in your business. To improve your business, first improve yourself.” ― Idowu Koyenikan,
What do you mean by that?

Of course if a person or an individual makes ways or actions to achieve his or her dream but the outcome is the things he or she loves. When someone builds his own business it symbolizes the things he/she wants because it is easier for a person to work if this is what he wants. And you need to change yourself first or improve yourself before your business because yourself will be a guide to improve your own business. Remember the things you've done or done are results of your own personality.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Sat Sep 30, 2017 4:53 pm

Are you a Goal Oriented Person?

I'm definitely a goal oriented person. Being a goal oriented person is a good characteristic because when you have it you can achieve your desired dreams. When you have done something that has been assigned to you and you made the best result you can do you can now do it with the same results in your daily life/tasks.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by rhcasison on Sat Sep 30, 2017 4:53 pm

Why is listening a skill??

Listening is a skill because all great people just started listening to their parents, their teachers and the lesson of their lives. Being a good listener is a great feature that will make it possible to achieve what you want. If you do not become a good listener it will be a way to fall from the things you enjoy now. A way to success is being a good listener.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Thomas Jacob on Sat Sep 30, 2017 5:33 pm

Honestly, I'm so annoyed with memorizing those things that are also written on our ICT Module. It tends to repeat again and again, without us practicing it. Are there anything we can consider to become a successful entrepreneur aside from the things written above. I'm willing to accept answers and give my own insights too. Thanks and GOD BLESS.
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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by teddyB on Sun Oct 01, 2017 6:10 pm

There are countless definitions of who, what , and how to be a successful entrepreneur. But I believe that the success is interdependent with the time and hard work.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Karl Dedeles on Mon Oct 02, 2017 5:35 pm

To be an succesful enterpreneur apply these PECs. Thankyou.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Karl Dedeles on Mon Oct 02, 2017 5:50 pm

To be an successful entrepreneur apply those PECs. Thankyou. I have a typograpical error in my first answer so i repeat it.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Karl Dedeles on Mon Oct 02, 2017 5:55 pm

“The true entrepreneur is a doer , not a dreamaer”
Para sa akin ito ay totoo. Dahil aanhin mo ang pangarap mo kung ikaw mismo hindi mo sinisimulang kumilos. Kaya kung ikaw ay totoo at successful na entrepreneur maaaring nangarap kalang sa una pero sinamahan mo ito ng paggawa kaya ika’y nagtagumpay. Ika nga ‘Nasa Diyos ang awa, nasa tao ang gawa’. Halimbawa: Hindi porket wala kang trabaho ay mangangarap ka nalang kailangan mong kumilos upang matupad ang inaasam mong mithiin.

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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Karl Dedeles on Mon Oct 02, 2017 5:57 pm

“Why is listening a skill”?
Listening is key to all effective communication. Without the ability to listen effectively, messages are easily misunderstood. As a result, communication breaks down and the sender of the message can easily become frustrated or irritated.


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Re: 10 Important Personal Characteristics of Entrepreneurs

Post by Karl Dedeles on Mon Oct 02, 2017 6:00 pm

“Are you a goal-oriented person?”
Yes, I have goals in my life for the future. And I wanna achieve all that goals for better future. I study hard because I believe in life “Education is the key to success”.

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