Common Characteristics

of Entrepreneurs
Kylie Moore
Ability to Take Risks
 Wasting time worrying about all the bad
things that can happen is very unproductive.
Getting up and starting to do things to take
the first steps is the scariest part, however
it leads to success. Taking a risk and going all
in with a running start is the best way to go
into business.
Example:
 Bill Gates took a number of risks while
creating Microsoft
 He dropped out of college to focus on the
idea that every home would benefit from
having a personal computer
Never Stop Learning

 There’s always room for improvement. Just because you’ve gotten an

education and have learned valuable lessons, doesn’t mean that there’s
nothing else you can learn.
Have Ambition

 Wanting to fix and improve mistakes is very important. If you make a mistake,
don’t dwell on it and pity yourself. Find a way to fix the problem to keep
moving forward.
Trust Others

 Having a strong trust in your teammates and employees is very

important. One man cannot do everything on his own. Knowing and
trusting that everyone around you is doing their job and is working hard
towards a common goal is the key to a successful business.
Planning Skills

 Having a clear idea and pathway to your goals is very important. Simply
“winging it” and just going by the days is no way to run a successful business.
You need a thought out plan to follow.
Sense of Fairness

 Knowing what’s fair, and what’s right and what’s wrong, is extremely
important. When doing business with others, you’ll need to be able to treat
them with respect and not give them bad deals which could back fire on your
own company.
Willing to Work Hard

 Success often comes from hard work. If all you can do is sit
around and wait for opportunities, you’ll never be successful.
You have to jump right in and give everything you do your best
effort.
Do What You Enjoy

 Starting a business simply for the money is no way to run a business. You’ll be
in it for the wrong reasons and you’ll never be truly happy or successful.
Projecting a Positive image

 In most cases you’ll only have one shot to prove the customer or investor that
your product or idea is worth investing money in. having a clear mind and
strong brand is the key to a positive image
Attention Grabber

 You can’t wait around for people to come to you. You need to find away to
bring them to your product or service that makes you stand out from all of
your competitors.
Being Ethical

 Being ethical in your company is a good way to have a strong brand. If your
customers see ways that you’re being unethical, they may stop giving you
their money.
Be Open Minded

 Successful entrepreneurs never underestimate how much they can learn from
others. Don’t be afraid to ask for help or advice from your peers. Sometimes
you’ll get a fresh new understanding of an idea that can potentially open to
new pathways and more success.
Flexibility

 Being willing to change your thoughts and ideas is extremely important. Being
on top of your industry and accepting changes that need to be made is a good
way to be successful over long periods of time.
Future Oriented

 Having the future in mind is a trait all successful entrepreneurs have. Being
focused on moving forward and setting your goals to have success in the
future is extremely important.
Resourceful

 When facing a problem being resourceful is a good idea. Finding a creative

and effective way to face challenges is a good way to move forward in the
business industry.