What is an Entrepreneur and What Traits Do They Have in Common?
Business schools describe entrepreneurship as a quest for prospect and opportunity without regard to what resources are at hand or controlled. In the early 1980\’s, entrepreneurship was considered risk taking. However, that classification has since changed to entrepreneurship as a process and an entrepreneur as the one who guides the process. An entrepreneur sees an opportunity and thrives on manufacturing a successful business often without any upfront resources.
Entrepreneurs focus on team work with the ability to make fast decisions and provide resources that may be more than cash compensations. Begin an entrepreneurship by offering team members a share of future payoffs rather than smaller shares of the current payouts. Opportunity is the resource and entrepreneurs make things happen that would not ordinarily be an option. Vision and risk are the keywords of an entrepreneur.
Steps of Action for Entrepreneurs
Every entrepreneur has a distinct set of traits that set them aside as an innovator and a business builder. They have certain skill and mind sets. You may or may not have all these proficiencies, but if you possess the majority, you might just become an entrepreneur.
