Ict 9 - Pecs

IMPORTANT
ENTREPRENEURIAL
TRAITS
Presented by: SIR Gerald Evarolo
Hard working
If you are determined to run your own
business, you must concentrate on your work
either as a producer or seller. The success of
your business depends on how much time and
effort you will spend on it.
Self-Confidence
You must have a strong faith in your ability despite
the problems that you will encounter along the way
Future-Oriented
Once a person enters in a line of business, you
must understand that you are in a non-stop
contract that an entrepreneur should
understand. It may take several years to build
your business to a reasonable standard. The
goal for most successful business people is to
build a secure job and stable income for
themselves based on their own ability.
Profit-Oriented
When you enter into the world of business, obviously, you are
looking for income because you know that this will be your
bread and butter not only for you but also for your family.
Therefore, you must see to it the business can
generate income. Another plan of
action is to expand your own
business through the use of your
generated income.
Goal-Oriented
An entrepreneur is forward looking. You have an
advanced preparation for your business. You set a
long-term goal for the activities that are needed, an
extensive preparation for the production process
and procedures that you need to go through to
acquire, human and non-human resources.
Everything your business will have to be set
clearly, organized, and planed depending on the
goal you want to achieve.
Persistence
Differences in opinion and judgement. Your
opponent can be a part of the rejection on what you
intend to do for your endeavor. As an entrepreneur,
you must be firm, strong-willed,
and stick or follow your
own belief.
Copes with Failure
“Learn from your mistakes”. As an
entrepreneur, you must learn how to
deal with the frustrations and failures
instead, turn these into productive
learning experiences.
Responds to Feedbacks or Open to
Feedback
You must be concerned with to know how well you
are doing and keep track of your performance. You
must obtain useful feedbacks and advice from others.
Take the Initiative
A successful entrepreneur takes
initiative. You must put yourself in a
position where you personally are
responsible for the failure or success
of your business.
Willing to Listen
Take time to listen to the advice, suggestions, and
recommendations of fellow entrepreneurs. It will
help your business grow.
Set your Own Standards
This involves developing and using logical,
step-by-step plans to reach the goals, or
offering evaluation alternatives, monitoring
progress, and switching to successful
strategies for the goal you want to achieve. To
be a successful entrepreneur you must take
into consideration the sales and production
depending on your own standards.
Copes with Uncertainty
Pursue your vision to be a successful entrepreneur, you should
know how to handle unusual events that may happen in the business
which include problems in managing the workers, problems on the
delivery of goods and services, and the problems
on demand and production. You
must be patient in dealing with
these uncertainties.
Committed
You should know that in your business,
personal needs, attachment to your friends,
families and relatives are set aside. You must
separate the money for your business from the
amount that you need for personal obligations
and lifestyles.
Builds on Strengths
Successful business people base their work on strengths. Use your
manual skills, knowledge in creating products or services,
knowledge in trade and industry, ability to make use of a wide
network of contacts to build your business.
Reliable and has Integrity
An entrepreneur must build a good
reputation, possess the courage to do
the right thing, do what you say,
walk your talk, be loyal, and be fair
in dealing with the subordinates
and costumers.
Risk-Taker
Risk sometimes cannot be anticipated. When misfortunes happen,
consider these as challenges and work them out and set good
alternatives. Risks may results to loss of your business or even
bankruptcy.

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IMPORTANT

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