Qualities of a Successful Entrepreneur
An entrepreneur needs certain qualities to be a successful entrepreneur. It is due to the fact that without development of those qualities, he or she cannot be succeeded in the diversified business world. Table 1 identifies the qualities and their traits that should be part of an entrepreneur to be successful.
Table1: Characteristics and Traits of an Entrepreneur
Source: Singh & Gupta (2016)
The earlier described traits are interlinked to each other and hence can be summarized in the following manner.
Decision-making Ability: The entrepreneur can avail any business opportunity in case he or she has the ability to take quick decision. Entrepreneurial Ability: It is required by an entrepreneur to e energetic and optimistic. Profit-orientation and ability to take responsibilities enable entrepreneurs to manage ...