What should be the qualities of a successful entrepreneur?

1.	What should be the qualities of a successful entrepreneur?
Answer» (1) Initiative: An entrepreneur must be able to initiate action and take advantage of an opportunity. (2) Willingness to take risks: This deters individuals to take up risks and start a business. (3) Ability to learn from experience: The person must have the ability to learn from past experience. (4) Motivation: Once you get motivated to do something, you will not rest until you complete it. (5) Self-confidence: A person needs to have confidence in oneself. (6) Hard work: The entrepreneur has to be vigilant so as to identify the problems and solve them as early as possible. (7) Decision making ability: The person must be capable of making suitable and timely decisions

Answer»

(1) Initiative:

An entrepreneur must be able to initiate action and take advantage of an opportunity.

(2) Willingness to take risks:

This deters individuals to take up risks and start a business.

(3) Ability to learn from experience:

The person must have the ability to learn from past experience.

(4) Motivation:

Once you get motivated to do something, you will not rest until you complete it.

(5) Self-confidence:

A person needs to have confidence in oneself.

(6) Hard work:

The entrepreneur has to be vigilant so as to identify the problems and solve them as early as possible.

(7) Decision making ability:

The person must be capable of making suitable and timely decisions

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