“The best way to predict the future is to create it” - Peter Drucker
The above quote defines an entrepreneur best. He/she is a person who sets up a business, taking on financial risks to solve the problems of mankind. An entrepreneur is a problem solver and monetizes the solution. With his/her vision, an entrepreneur creates solutions that serve the people for years.
But what makes an entrepreneur who he/she is? Here are a few characteristics of an entrepreneur.
This is a no-brainer! A good entrepreneur is a builder and an innovator. Entrepreneurship is not just a profession, but a journey where ideas foster, there are various problems that are offbeat and often require out-of-the-box solutions. Being creative helps an entrepreneur tackle problems and innovate constantly to stay ahead of the game.
2. A strong work ethic
An entrepreneur is the head of any organization. His/her employees will look up to him/her for inspiration to lay the founding stones of the culture in any organization. Having a strong work ethic translates into getting things done.
"Choose a job you love, and you will never have to work a day in your life." Entrepreneurship is a feat with highs and lows where one needs to be consistent with his work. If an entrepreneur is not passionate about the problem he is solving, he/she ought to lose motivation in lows, which is detrimental to the business. Thus, being passionate is one of the essential characteristics of an entrepreneur.
Being curious helps an entrepreneur to continuously develop new ideas for his/her business. Exploring new frontiers promotes innovation and opens new doors for the business. It is rightly said that “Curiosity is the mother of all inventions.”
Entrepreneurship is quite a grueling journey, which many times leads to burnout. There are things that an entrepreneur might dislike doing personally while running his business. Thus, it is important for an entrepreneur to be tenuous and persevere in his endeavor of entrepreneurship.
“Logic will get you from A to B. Imagination will take you everywhere.” - Albert einstein. One of the factors which drive the company is the vision of the entrepreneur. It lays down the roadmap of the company. An entrepreneur with a strong and dynamic vision can lead a company to great heights.
7. Social skills
This is one of the underrated skills that an entrepreneur should possess. A business is by the people and for the people thus, it becomes vital to build relations, have empathy and communicate effectively.
How many characteristics of an entrepreneur could you relate to?
Entrepreneurship may apparently seem to be the entrepreneur’s game, but it is a team game. A business operates efficiently through the collective efforts of the team, inputs from various sources, the network it creates, etc. We, at Beginest, are a cult of seasoned entrepreneurs and startup founders focused on creating value for each other. We have coworking spaces in Bangalore and provide mentoring, incubation, networking opportunities, and everything needed to take your business to the next level.
If you feel that you have the characteristics of an entrepreneur and can add value to the cult, feel free to call us and we will be more than happy to have you as a member at Beginest.