Characteristics of an entrepreneur

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CHARACTERISTICS OF

ENTREPRENEURS

Presented by: Mr. Leang CHANNY

Leang Channy

2 What are the characteristics of entrepreneur?There is no such thing as a typical entrepreneur. Some entrepreneurs are quiet and hard-working, while others are more outgoing and flamboyant. The key to being a successful entrepreneur lies in the ability to take an idea and then, through the process of innovation, develop it in such a way that it becomes a marketable product or service.

Leang Channy

3Through their innovations, they contribute to the

improvement of the standard of living. So, they do not

only help the economy, they also help society.

These are several definitions of entrepreneur:

Leang Channy

4 • is one who takes risks and makes

innovations on the factors of production.

• an entrepreneur is an adventurer,

undertaker, and projector.

• an entrepreneur always searches for

change, responds to it and exploits it as an

opportunity.

Leang Channy

5 • is one who shifts economic resources from

an area of lower productivity to an area of

higher productivity and greater yield.

• are people who have the ability to see and

evaluate business opportunities.

Leang Channy

6Threat

– Find a way to avoid the risk

– Find a way to transfer to anther party

– Find a wat to mitigate the risk reducing Probability or Severness

– Exploit

– Share with anther party

– Enhance by increasing the effect or the probability

RISK = …….?

Opportunity

Leang Channy7

Safe is the new “Risky”.

If you don’t risk anything, you risk even

more.

Leang Channy

8

Creativity

LeadershipSelf-confident

Hardworking

Positive Thinking

Leang Channy

9 Reasonable takers

Entrepreneurs enjoy challenges

But they are careful and calculating

Leang Channy

10

Entrepreneurs have strong faith in their abilities

Leang Channy

11

Here are the essential leadership qualities:1. COURAGE

2. CONFIDENCE

3. CONCENTRATION

4. PASSION

5. A Strong Sense of VALUES

Entrepreneurs are leaders by the very nature of their functions

Leang Channy

12Entrepreneurs are creative

They do things in new and different ways

Leang Channy

13

Successful people always attribute their success to hardworking

Leang Channy

14

Entrepreneurs are positive thinkers.

They think of success and bright sides.

Not a Blood Group, Neither a Grade

in classes. But it’s…

…Be Positive

Leang Channy

15 Decision-making

Entrepreneurs make decisionThe success of their business depends on their ability to

make right decisions

How???

Leang Channy

16 Decision-making

Leang Channy

17 Don’t read success stories, You will get only message…Read failure stories, You will get some ideas to get success…!!!The End

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