Characteristics Not everyone wants to be an entrepreneur and run their own business. Being an entrepreneur requires specific characteristics and skills that are often achieved through education, hard working, and planning
Risk Taker.
Perceptive.
Curious.
Imaginative.
Persistent.
Goal-setting.
Hardworking.
Self-confident
Flexible
Independent
Research Skills
Gathering Information
- books
- periodicals
- indexes and databases
- the internet
- consultants
- professionals
- schools
Management Skills
Planning
Organizing
Directing
Controlling
Profitability
Marketability
Entrepreneurs need to ask themselves the following questions about their product, service, or charity:
- Does your target market want this product? Prove it.
- What is your competition? How much of the market do they own already? How will you take it away from them.
- Are you competitively priced?
- Is this a short-term venture? How long will it last?
- What do you offer that no other product, service, or charity offers?
- Why would a customer pay money for what you provide?
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