What are the skills of an Entrepreneur?
There have been studies to determine the qualites of an Entrepreneur. Shall we try to identify them here so that we can see how we match up?
If we haven't got them at present, can we learn them?
I think it is a good idea to identify them first, so here we go.
Vital skills - taught or innate?
Risk taking is also an important component of any entrepreneur. Time and again, the entrepreneur that succeeds did so because they took a higher risk than their competitors".
So even the banks feel that entrepreneurs are generally risk-takers.
He goes on to say "While some skills and knowledge can be taught, I do believe that, generally, entrepreneurs are born. It is very difficult to teach someone to be a risk taker when their natural stance is to be risk averse; someone who is not particularly determined is unlikely to be able to be taught an in-built determination to succeed".
So I have found at least one published view that risk-taking is a paramount skill of the entrepreneur, and that this is a skill which cannot really be taught.
Of course, he may not be right, but it is a thought-provoking statement.
A Study of the Qualities of an Entrepreneur
Here is a summary of the findings, which are designed to inspire us to analyze where we fit into this, and what action we can take to improve our success.
Calculated Risk-Taker
Taking Action
Persistence
Cautiously Optimistic
Goal Oriented
Customer Oriented
Passion
Flexibility
Skills
Regardless of what business you're in, marketing is the critical tool used to present the solutions that your products and services offer, to the rest of the world.
As legendary promoter P.T. Barnum said: "Without promotion, something terrible happens - NOTHING!"
Like any other skill, your marketing can be improved through increased knowledge and practice. Invest in expanding your knowledge of marketing. Doing so can serve you well throughout your entrepreneurial career.
Benjamin Franklin put it well when he said: "An investment in knowledge always pays the best interest."
There are many other skills which are necessary for the successful Entrepreneur, and the successful ones analyze their weaknesses and work to acquire the skills they need and to keep them up-to-date.
So are Entrepreneurial Skills taught or innate?
It is debatable!
I would be interested in your views.
It seems that at least some of the skills can be learned. However, are they the most important ones?
If the ability to take risks is the most important one, can it be taught?
More questions here, at present, than answers!
However, it is good to think about this if we are involved in any sort of business, or thinking of becoming engaged in one.
I am optimistic on this subject, and so I like to think that the skills of an entrepreneur can be developed with the correct guidance and mentoring.
The Club which helps you to develop as an Entrepreneur
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| TomATS
Here's a persistence quote for your file: "We are all of us failures - at least, the best of us." Posted May 15, 2008 |
| TomATS
Nice lens with good thoughts. Here's a quote from Avenues to Persistence lens that you may like: Posted May 05, 2008 |
