Who is an entrepreneur and what are the characteristics of an entrepreneur? An entrepreneur is who solves a real-life problem and simultaneously create a business out of it, which he is really passionate about. Today Generation wants an entrepreneur tag because it Sounds Cool. But Entrepreneurship is all about Hardwork And Perseverance & taking Risk Early.
Let’s discuss the characteristics of an entrepreneur.
1-Be a Problem Solver
If You have observed any real-life problems in daily life or have faced any problem which you think can be solved by creating a unique product or just by providing service (Which Most of the startup are doing today ) then you’re an entrepreneur.
- Let’s take the example of Ritesh Agarwal, Founder of OYO Rooms has observed a problem of hotel rooms (which can be improved and experience can be improved for people). So basically he solved a real-life problem of people who have a bad experience in hotel rooms and improves standard ability.
2-Always be Self Motivated
While running a company there are times when the thing does not go as per the plan so it can demotivate a person. But if a person is self-motivated then he can push himself. Self Motivation can be learned by
- Surrounding yourself with like-minded people
- Stop Overthinking
- Try Meditation (Which can seriously help you )
- Optimism and Patience is the key
- Finding your WHY?
So once you get self-motivated, give a push and start your day. And also remember to Push yourself, because no one else is going to do it for you. This is an important Characteristics of an entrepreneur.
As per Mark Zuckerberg, Founder of Facebook says find that thing which you’re super passionate about. But Knowing your passion can take time maybe month or year depending upon how many things you are testing and exploring.
People generally think now it’s too late to start at a certain age but the thing is you can start any time you realize your passion which while working makes you happy. Ask yourself a question like
- What is one thing you love doing?
- What makes your heart race?
- Where are you spending your time mostly?
Once you found your passion you can start by giving a try to it and take feedback from it. If you get bored then it’s not your passion certainly and if not congratulation you have found one.
4-Have Leadership Quality
What does it take to be a leader? It’s a Learnable skill, Even you can be a leader. Generally, People tend to follow someone or others. Remember to “Be a Pilot of your life’’. The true definition of a leader is who has a follower and one who empowers them. Qualities like,
- Be Optimistic
- Can grasp the big picture
- Being Humble
- Have Ability to “See’’
- Setting Priorities
- Influence others to take action
- Also looking for the best in People.
An entrepreneur never stops learning, they constantly upgrade their skills and investing in himself to build something for the long term. Learning can be different for different people and sources can be different maybe from their friends who are like-minded or any random stranger he came across.
Skills can be learned for business which will help you to scale the business nationally or globally. Skills like,
- Time management
- Working with others
- Making Hard Decisions
- Reacting under stress
- It can be of great help in business for the long term.
If you start reading books it will help- Read This best books for entrepreneur – 6 Must read books
6-Build Networks with like-minded people
What if Networking can help you grow your business? Yes, it definitely does. An entrepreneur is always trying to surround himself with like-minded people. An entrepreneur connects people in events where like-minded people came and also use Linkedin to connect to people who are in a higher position.
Networking can help entrepreneurs to get clients also a partner who can help him with his knowledge in a particular field and share his passion.
7-Action Taker (Doer)
Generally, People just talk about the ideainstead of taking action. Remember “Execution is the Key ‘’. Don’t delay & just take the risk and start executing the plan or else there will be regret.
An Entrepreneur works harder while working with discipline and achieve his vision. Also having a clear direction & Bringing in great people who can execute and empower them the courage of conviction.
Conclusion- Entrepreneurship is all about preparing and failing every day for that one opportunity which will change the world and their life forever.
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