Following are the physical and mental qualities of an entrepreneur: 

• Sound health and working capacity : 

An entrepreneur must have sound health to put a greater amount of physical and mental effort in his work. A person with good health can be ready to achieve the goals with full potential.

• Imaginative :

Entrepreneur has to do various innovative tasks right from the setting up of the business to its successful operation which is only possible through his imagination.

• According to Alpmas :

“The ambition of that person is fulfilled who loves to work. The ambitions of a person who only imagines are never fulfilled.”

• Foresightedness : 

Successful entrepreneurs have the ability to comprehend complex situations. They are foresighted and aware of important details. They continuously forecast the change in the business environment and review all possibilities to achieve objects.

• Ability to make decisions :

An entrepreneur should have the ability to make quick decisions at the right time. He must be able to analyse the existing circumstances and opportunities before making relevant decisions.