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What Makes a Superb Entrepreneur?

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What Makes a Superb Entrepreneur?

I often found my self ask what makes a superb entrepreneur? As I was rereading my notes, the one I used when I was in the first year of my college life. I came across my notes entitled to the finance seminar. Oh, I remember. While my classmates were busy chatting with each other at our table at that time, I was busy taking down notes about the seminar. I couldn’t blame them for not listening to the guest speaker because it also bored me. The speaker was reading her notes and adding some sentences to explain what’s written on her notes.

Despite the boredom she gave us, I still wrote the facts I’d learned from her speech. I thought our professor would provide us with a long exam regarding the seminar, but he did not. Good for us. The topic of our workshop made me interested anyway. What was the topic? It’s about being an entrepreneur. I knew I could use these facts in the near future.

According to the speaker, the entrepreneur is also known as an innovator. Joseph Shumpeter is the one who introduced the Innovative Theory.

 

Characteristics of an Entrepreneur

We can not describe an entrepreneur in just a single word, so allow me to share with you what makes a good entrepreneur.

An entrepreneur is a person who takes risks, makes innovations, or does new things, searches for change, accelerates the development of the economy, sees, and evaluates business opportunities.

 

Risk Taker

If you are a person who does not know how to take a risk, change your attitude. If you can’t, don’t try to be an entrepreneur then. You can not achieve success if you don’t take risks. How would you know if a particular strategy or technique is good for your business if you don’t try using it? Yes, you may fail. Failure is usually lurking out there but this should not hinder you from seizing risks. As what the axiom says, “No guts, no glory.”

 

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Innovator

People say necessity is the mother of invention, but do you already know what the core of it is? Couldn’t guess the answer? It’s creativity. There enters an entrepreneur.

Entrepreneurs should always make something new, fresh, not yet known by most of the people, and of course useful. What’s the point of making a product if there’s already an existing one like the one you’re about to make? Is it because of sureness that you’ll have customers for the reason that you can see that the product sells? Quite good reason but it’s not really great. It’s still better to make an original product. I know it can not satisfy a man for his whole life (because the man usually focuses on the things he does not have), but for a while, it can also make him feel the satisfaction brought by your new product.

 

Change Searcher

A real entrepreneur has time to search for change and do something to develop a certain thing. You should not be stuck on the usual things. There’s always room for development in whatever you do.

 

Accelerates Development of Economy

If you are a risk-taker, change searcher, and produce new quality products, there’s a substantial possibility that you can help the economy of your country. That’s actually a great characteristic of an entrepreneur. Because of that, most of the country leaders are grateful for having superb entrepreneurs in their country.

Your product with good quality can be exported. Thus, it brings more profit to your business and to your beloved country.

 

Ability to See and Evaluate Business Opportunities

There are so many business opportunities out there. It’s good for each entrepreneur. What you must just know is how to seek for the best business opportunity for you. Look for one that suits your creativity or style.

Then once you have seen a business opportunity, try evaluating it. In this process, you should be smart enough to know which opportunity is good for an entrepreneur like you and which one is too good to be true.

Do you have these characteristics? If you do, then you can now start a business and learn the other things that will make your business successful. Be an entrepreneur. Be your own boss.

 

 

Read more Entrepreneur related articles in The Weekly Trends magazine.

I am a passionate Freelancer while studying. An avid reader of multiple websites including Medium, Thrive Global, Kivo Daily, and of course, The Weekly Trends.

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