Personality of Entrepreneur

8/13/2019 Personality of Entrepreneur

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Session 3


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Entrepreneurial traits and motivation are an

indispensible function of management.

Entrepreneur is human being who has his dignity, self-

respect, values and responsibilities. In order to achieve success in any venture a person

must possess a judicious combination of knowledge,

skill and motive.


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Initiative

Looking for Opportunity

Persistence

Information Seeker Quality Consciousness

Commitment to work

Commitment to Efficiency

Proper Planning

Problem Solver


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Self Confidence

Assertive

Persuasive

Effective Monitoring Employees Welfare

Effective Strategist


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1.Mental ability

2.Clear objectives

3.Business secrecy

4.Human relation ability 5.Communication ability

6.Technical Knowledge


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James J.Berne has stressed the following qualities of agood entrepreneur:

He is energetic,hardworking,resourceful,aware of new

opportunities and able to adjust himself to changingconditions with ease.

He is interested in advancing technologically and in

improving the quality of his product or service.

He is interested in expanding the scale of his operationsby reinvesting his earnings.


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He visualizes changes and adapts to changing

conditions.

He is a firm believer in planning and systematic work.

He works for the society at large and for the good of hisfellow beings.


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Decision Making Leading by Example

Setting Standards

Multi Tasking

Building Relationship

Creativity

Dedication

Commitment Mission

Vision


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Resolving Conflicts

Team Player

Approachable

Appreciating Skills Integrity

Trust

Passion

Compassion

Capability


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Involvement

Presence of Mind

Energy

Clarity of Thought Patience

Daring to Dream

Sincerity

Trust

Honesty


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Visualization Planning

Risk-taking

Ability to deal with situations

Elicit positive response fromadministrators,bankers,infrastructure institutions,clients and employees

Understanding of marketing, quality

control,finance,banking,commercial law, governmentregulations and procedures, taxation and humanrelations


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Awareness of technology,tools,equipment and

machinery

Knowledge of the

product,processes,packaging,advertising and market

potential


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Thrifty Hard work

Vision

Willingness to assume risks

Curiosity Insight into the relationship between

concepts,objectives,needs and needs satisfaction

Sound Judgment

Initiative and creativity Ability to marshall resources

Administrative ability to organize those resources


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1.Gaining first hand knowledge about Competencies

2.Competency Recognition

3.Self Assessment

4.Comparision of Competencies 5.Developing Competencies and Feedback

6.Motivation

Documents

Personality of Entrepreneur