Entrepreneurial Qualities
Article Overview: If you plan to join in the entrepreneurial career, then you should know the important qualities of entrepreneurs that will surely help in becoming successful. Here are the vital skills that one should learn or adapt in order to become a successful player in the industry.
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Free Download - Strategic Internet Marketing By Justin Timory
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Entrepreneurial Qualities
For people that are aspiring to become entrepreneurs, here is a list of the most important entrepreneurial qualities that you can use to keep yourself in check. In the business industry, everyone can become a successful entrepreneur if they adapt a set of skills that are most critical when it comes to entrepreneurship. Here are the vital skills that entrepreneurs need today in order to become successful:
1. Dreams. Being able to vision out your company’s future is a very important skill in being an entrepreneur. These dreams are both for the short and long term ideas and goals that are next in the list of accomplishments in a business. An excellent entrepreneur is always dreaming up of new ideas that can benefit the business they are operating in.
2. Persists. In the important entrepreneurial qualities that one needs in order to become successful is continuous persistence. In a business, there are always setbacks and obstacles that one encounters on the way to success. An entrepreneur needs to become persistent because they will never achieve their goals if they are not consistently pursuing their goals. Good entrepreneurs are not easily discouraged and are consistent in their business plans.
3. Controls. A common habit in being an entrepreneur is the want to control the future of the business. This is not a bad thing, and in fact, is an important skill that one should possess in their pursuit of success. Entrepreneurs have a strong sense of independence and always have plans to accomplish something great by themselves.
4. Thinkers. You cannot become a good entrepreneur if you are not curious and creative. Great entrepreneurs know that being unique is their step to becoming successful, thus they always create ideas that are new to other people. Creativity is a skill that can be learned and developed and is a must for people that are planning to become an entrepreneur in the future.
5. Believers. Entrepreneurs are confident in their own selves and trust in their intuition in whatever plans or risks they take for the business. The ability of being self-confident is built on little victories and is accumulated over time which builds good momentum for the entrepreneur. You can find that in every successful entrepreneur, they have a strong desire in pursuing their goals and visions. This is a very important quality in being an entrepreneur as most of the goals they pursue require determination to be accomplished.
Always remember that in order to become a successful entrepreneur, you need to become unique, determined and creative in your pursuits. You should learn these entrepreneurial qualities listed above in order to become successful. Although there are many other skills and qualities that define a good entrepreneur, these are some of the most vital in every business venture.
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Related Forum Posts
Re: I.M Fellow Here!
- Thanks! Evan, I hv heard much about your ingenuity in Entrepreneurial sphere. Great work you're doing!
Re: Cash Comes from Creativity
- Hi Yinka,
Good post and a very Entrepreneurial approach if you like. It is true that with the every day gadgets, services and products that we use, it is easy to look at them just for what they are and not what they could be.
We should always be on the look out for ideas that we can explore or existing products that we can maybe improve or re-design and that is also true with Internet Marketing.
regards,
Mal.
Re: Introducing myself, Scott Allison and Teamly
- Sure, no problem GT.
Here is some more about me:
I founded my first business in my spare time while at University and since then entrepreneurship and business has become part of my blood. I am motivated by the desire to lead and build a valuable business using culture and values as a core foundation and to make products that make a difference to those who use them.
I love entrepreneurship, and am keen to assist others fulfil their potential, that’s why I am on the board of non-profit, The Entrepreneurial Exchange, which aims to help entrepreneurs scale their high-growth potential business. I am also a volunteer business advisor to 18-25 year olds at the PSYBT, helping young kids who are just starting out.
Prior to Teamly I was the managing director of abica, a remarkable business telecoms provider. abica was an exciting place to be with a clear vision of the future, and during that time I learned how to build and manage a great team, developed the company culture and core values, repositioned and re-branded the business, and delivered a new set of products to enhance long term shareholder value and bring in new recurring revenue streams. I left in October 2009, coinciding with the company winning a prestigious award for Excellence in Customer Service, which recognised the quality of our offering.
My goal with Teamly is to be the leading online provider world-wide of teamwork software to small and medium sized businesses. I think the product we have built is the answer to the staff management issues a lot of new entrepreneurs are experiencing for the first time. Teamly's core purpose is to help businesses be more successful, and their people more aligned and effective through use of our online teamwork software.
Differences between men and women entrepreneurs
- Hello Entrepreneurial Ladies,
On another thread, someone asked me about the differences of coaching women entrepreneurs versus men. I thought it would be good to resurrect what I said here so you could comment about it. I'd love to hear what you identify with and what you might want to add.
Obviously, there are some basic commonalities in entrepreneurial men and women. They just show up in different ways. My experience coaching men is limited, but I've certainly been observant to the differences. No one woman is the same, but I'll try to share a few things I've noticed are common to women.
One thing I notice is that women are used to doing everything themselves and thus sometimes have a very difficult time delegating tasks. This can really hinder their success.
For example, women will spread themselves too thin trying to keep up their business and do all their housework at the same time. (They forget they will be more effective when they take time to rejuvenate.) A man might find it a little easier to hire a housekeeper without being overloaded with guilt. [i:s1evs8gk]Guilt seems to be a woman's nemesis! [/i:s1evs8gk]
A woman more readily puts herself at the bottom of her priority list. She sees the big picture and can be overwhelmed by the huge range of tasks at work and at home. Men seem to be more linear in their focus and are more apt to sacrifice their home life before they will sacrifice themselves. (Although they ultimately do sacrifice themselves when their whole life becomes all about work.)
The caring nature of a woman can sometimes trip her up and she may be tempted to harden her heart so she can survive. She may even take on qualities which really aren't her personality and then struggle with the effects. The result is a business which doesn't really fit her original vision. She then wonders why she isn't satisfied with it, even if it is financially successful.
Some women feel they need to become more "tough" and then hinder their creativity because they have stopped listening to what their inner voice is actually saying. This kind of creativity is key to the entrepreneur!
I've also noticed that men expect to make a higher income. Women WANT a higher income, but don't always believe in the possibility. Believing in possibility is also key in moving forward with their ideas.
I could say so much more, but this is a good start. I think I'll leave it up to someone else to contine.
By the way, was there something in this that rang true to you as a woman?
Warm regards,
Tami
Re: Fashion
- Nana,
At you choice you may choose to research the fashion industry a bit more. There is obviously a Business side to it as well as a creative side to it. Find out all the types of roles that exist in the industry. Some that come to mind merchandiser, Window dresser, floor plan organizer (someone needs to determine the layout of a retail store to best sell the goods), fashion consultant (Yorkdale mall has fashion consultants that take you around and tell you what looks great on you - you also get a cut from the sales). This is what I've observed from the business side, you may know more.
All these roles I've written about will help you grow as a business person and make the contacts in the industry...possible stepping stones.
But further more you'll also notice that you need to develop some business acumen possibly tailored to the fashion industry.
When I was at Ryerson I knew I wanted to be an entrepreneur someday too. I knew I needed some basic business courses to get a foundation to build from.
I was in a Tech/Business Major (I'm sure Fashion has something similar - Fashion/Business Major) and then started to create my own minor.
Here are some of the courses I took: Marketing, Law, Entrepreneurial, Management, consulting.. and a few more .
Also, I'm sure that within the Fashion Major there are also courses you have to take where you can use your creative side and create designs. Typically within a Major there are focuses you can choose - ask the program coordinator.
Your next step is to do some research.
1. Visit Commercial retail outlets like H&M, Banana Republic, or jacob. Tell the Manager your doing some research for University and would like to know what types of Corporate roles exist aside from the roles on the retail floor (like sales associates). If she asks you to elaborate then you can use some of the roles I mentioned above.
2. With this information in hand you can visit the Ryerson Fashion department and inquire with the Program Coordinator on what focus within the Fashion Degree would help you the most. In my program there were 5 different focuses within the Tech/Business program.
Just a quick aside. A good friend of mine too has a dream of fashion. he want to create a niche fashion line tailored to skinny men (I can't mention the style). He's in Business school but not in the Fashion program... He's in International Business but all his Minor courses are tailored to running a successful business ... similar to the ones I mentioned above for myself.
I have no doubt in my mind he'll make it 'cos his vision is that strong.
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