How This Assits Them to be Successful In Their Venture.
Friday, 14 October 2016 05:15 | Written by your name 0 comments
1. Open risk taker
Risk taker
can be defined as individual or business that tend to act in a way that can
cause physical harm or financial loss, but it also might turn out to be
profitable or rewarding. A good entrepreneur must have risk taking trait in
himself, someone who afraid to take a risky move in his business won’t be able
to develop his company or business into something more profitable. In a
business an entrepreneur will have to face a lot of decision making that will
forced the decision maker to make a risky move in order to save the business or
to make the company growth toward another level. Risk taking is really
necessary move in business if the company want to become more profitable than
it already is. Risk taking move can push a business toward its limit and be at
full potential rather than playing safe and have a fix business income.
2. Visionary
Visionary
can be define as having or showing clear ideas what going to happen in the
future. Visionary characteristic will be very useful for an entrepreneur to
predict what community will need in the future. Through this prediction an
entrepreneur can satisfy the need of community in the future and make profit
from it. Visionary skill also can help an entrepreneur to have a proper
planning for its own business in the future and make a right decision. Through
proper planning and right decision making, an entrepreneur can avoid from
making any unnecessary expenditure and at the same time making profitable
expenditure from the right decision making.
3. Observant
An observant
can be define as good at watching and listening or noticing everything that
going on around you. Through observant characteristic an entrepreneur can learn
something about business by observing it’s competitor, customer, and other
else. A good entrepreneur will use this observant skill to improve his business
by applying everything that he learn from observing everything that going
around him. Therefore, his business will become more competent and profitable
after improvement have been made.
4. Proactive
Controlling
a situation by making things happen or by preparing for possible future problem
can be define as proactive. Proactive person will initiate something to happen
rather than wait for something to happen. Proactive entrepreneur will always try
to search for a new product or services that are innovative and useful for a
community. Proactive characteristic surely will help an entrepreneur to explore
a new market for a new product or services and becoming the pioneer or
dominator company for that product or services market.
5. Failure is an option
Failure
is something that everyone want to avoid especially for an entrepreneur because
failure in business means a loss which will affected the company and the
entrepreneur itself. Failure actually is a learning process, through failure an
entrepreneur can learn the mistake that been made causing the failure and try
to not repeat it again. After knowing the mistake an entrepreneur can take
correction step and fix the mistake to improve business performance. Failure in
business is a common thing and will happen frequently even for a successful
company. Therefore, from failure an entrepreneur can improve its own business
and gaining an experience for the company and its own self benefit.
