DIP - Entrepreneur. Lim Sei Kee @ cK. What are the characteristics of successful entrepreneurs?. Much research has been done to examine the personality and other characteristics of successful entrepreneurs to see if there is a proven method or route to success.
Lim SeiKee @ cK
Calculated risk-takers– not reckless; they are prepared to take a risk in order to maximize the rewards
Results-orientated – take pleasure from achieving targets and setting the bar higher.
Self-starting and decisive – they don’t wait for others to take decisions. Entrepreneurs tend to take the initiative, spotting opportunities early and taking decisions quickly
The important thing to remember about the list is that an entrepreneur is unlikely to possess all these characteristics!
A: Takes the initiative in trying to exploit a business opportunity
B: Takes time to understand and calculate the risks involved
C: Makes an investment to set up the business
D: Goes ahead, despite the risk that the business venture might fail
A: Takes the initiative in trying to exploit a business opportunity √
B: Takes time to understand and calculate the risks involved√
C: Makes an investment to set up the business√
D: Goes ahead, despite the risk that the business venture might fail√
However, it is important to realize that starting a business is rarely glamorous.