QUALITIES OF AN
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QUALITIES OF AN
QUALITIES-
Qual
ities
of
an
Entre
pren
eur
Visionary
InnovativeSelf Confidence
Passion for work
Leadership qualities
Taking Risks
Decision Making
Marketing Skills
Time Management
Hard Work
VISIONARYWHAT IS IT?
WHY IS IT IMPORTANT?•Foresight•Have an aim•Completion and execution of idea
INNOVATIONWHY IS IT IMPORTANT?•To sell your product•Competition•Unique selling point•Growth
VS
SELF-CONFIDENCEWHAT IS IT?
Self-Confidence=Self efficacy + Self Esteem
PASSION=Sense of•Optimism•Challenge•Ownership•PurposeNever ending desire for progress & ability to convince others to believe in their vision.
LEADERSHIP QUALITIESWHAT IS IT?•Ability to influence others•Exercised to achieve goals•Indicates interpersonal relations
WHY IS IT IMPORTANT?•Mitigates conflicts•Motivates others•Key role in change•Influence the employees positively
LEADERSHIP QUALITIESQUALITITES•Knowledge•Integrity•Charisma•Initiative•Motivation skills
MARKETING SKILLSWHAT IS IT?Putting the right product in the right place, at the right price, at the right time for the right people, by the right people.
WHY IS IT NEED?•Monitor client/consumer behavior•Identify opportunities/threats•Provide strategic inputs
SKILLS REQUIRED•Creativity•Communication•Analysis and observation
TAKING RISKSWHY?
MINIMIZING•Analyzing current trends•Considering consequences•Reasonable decisions
Work under uncertainty for achieving the goal
DECISION MAKINGWHAT IS IT?Making decisions using-•Good information•Analysis and observation•Consultation
QUALITY•Good information•Training•Experience and aptitude•Analysis skills•Risk
TIME MANAGEMENTWHY IS IT IMPORTANT?
THEMES•Setting priorities•Creating an environment•Getting organized
HARD WORK WHAT IS IT?•Overcoming challenges•Putting in effort
WHY IS IT IMPORTANT?•Discipline•Achieve goals•Overcome challenges
HARD WORK=TOUGHER CHALLENGES=MORE OPPORTUNITIES
Initiative means making the first move.
Initiative
Entrepreneurs should always be pro-active and look out for new business opportunities.
They have to think outside the box and, at times, become independent.
An example of an entrepreneur who showed initiative was Mark Zuckerberg, the creator of Facebook. He wanted to find a way for people to share media and stay connected. It began as a site that only he and other people on his university campus used. Now, however, it is global.
Determination in business is the ability to remain committed during difficult times. Problems may arise, requiring you to work longer hours, or make less profit than desired, but it is important to remain focused on what you wish to achieve in the end.
Determination
Entrepreneurs may need to come up with unique solutions to problems in order to make themselves known.
Creativity
Thank You
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