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The Characteristics Associated With Successful Entrepreneurs: …
The Characteristics Associated With Successful Entrepreneurs: (R.O.L.E.D.F)
Risk Taker:
Successful entrepreneurs bear
personal and financial loss
in setting up a new business.
In setting up a new business, entrepreneurs must
work long hours, weekends and sacrifice holidays.
Opportunistic:
Successful entrepreneurs have the ability to
spot profitable gaps in the marketplace.
Geoff Reid set up Ballygowan
after spotting a desire by people for bottled water.
Leadership:
Successful entrepreneurs are
born leaders
who have the
ability to direct people / to achieve goals.
Successful entrepreneurs are very
charismatic
.
Energetic:
Successful entrepreneurs are
hardworking as opposed to lazy individuals
in getting the business up and running, they will have to
work very long hours
.
Determination:
Successful entrepreneurs are
not put off by minor disappointments / setbacks.
They are always looking for
solutions, rather than problems.
Decisiveness:
Successful entrepreneurs will
consider all alternatives before making the correct decision
in the best interest of the business.
They take
full accountability
for all of the decisions that they make.
Flexibility:
Successful entrepreneurs are
dynamic individuals
who have the ability to
respond to changing circumstances.
They are able to spot
opportunities, even in a recession.