Persistence

Hardworking
Opportunity Seeking
Coping with uncertainty

Coping with failure

Risk-taking
Goal-oriented
Information seeking
 Systematic planning and
monitoring
Building for the future
Setting own standards

Self-Confidence
Demonstrating initiative
Persuasion and networking

Responding to feedbacks

Building on strengths
Differences in opinion and judgment. Your opponent can surely
be a part of rejection on what you intend to do for the success of
your endeavor. As an entrepreneur, you must be firm, strong-
willed, and stick to your own belief.
If you are determined to run your own business, you must
concentrate on your work either as a producer or a seller. The
success of your business depends on how much time and effort you
will spend on it.
When a person gets hold of the chance to build or improve his
chosen career, he will take this opportunity with no second
thoughts. He keeps on trying in order to achieve his ambition.

Once you choose to pursue your vision to be a significantly useful entrepreneur, you should know how to
handle unusual events which may happen in the business. These include problems in managing personnel
who may be tempted to steal funds or goods from the business, problems on delivery of goods and
services, problems on production because of unavailability of human and non-human resources needed to
reach the expected output at a given period of time, and other uncertainties that an entrepreneur may
encounter. You must be patient in dealing with this kind of uncertainty.

. “Learn from your mistakes‖ is what we always say. As an

entrepreneur, you must learn how to deal with those
frustrations and loses and turn these into productive learning
experiences.
Risk sometimes can not be anticipated. If accidents happen, you must accept these challenges
and work them out or set alternatives. Examples of these unavoidable circumstances are risk of
typhoons, fires, earthquakes, floods, and the obsolescence of product. These risks may result to
loss of your business or bankruptcy. However, whatever risk you may encounter, don’t give up!
Instead, reduce by getting insurances and taking alternative action like converting unsold products
into something trendy.

An entrepreneur is a futuristic. You must have an advancedpreparation for the

success of your business. You must set along-term goal for the activities need, an
extensive preparation for the production process that you need to acquire, human and
non-human resources and procedures. Everything in your business will be set clearly,
organized, and planned depending on the goal you want to achieve.

The rapid development of our country today is immensely noticeable. You need to be
globally competitive in terms of learning new things, and the acquiring technologies
which are essential in producing goods and services. As an entrepreneur, you must be
well-versed in all aspects of business schemes. Information can be sought from skilled
individuals who are directly engaged in the same ground of business.
This involves developing and usinglogical, step-by-step plans to
reach goals, evaluation alternatives, monitoring progress, and
switching to alternative strategies for the goal you want to
achieve.
Once a person enters in a line of business, you must understand that you are in a
non stop contract that an entrepreneur should understand. It may take several
years to build up business income to a reasonable standard. The goal for most
successful business people is to build a secure job and income for themselves
which is based on their own ability.

As an entrepreneur, you must always consider the

satisfaction of customer in such a way that qualitative
product or service is ensured all the time.
You must have a strong faith in your ability
despite the problems that you will encounter
along the way.
A successful entrepreneur takes initiative. You must put
yourself in position where you are personally responsible
for failure of success of your business venture.

These include the use of deliberate strategies to influence or

persuade others and the utilization of business and personal
contacts to accomplish own objectives. These are characteristics
you should develop to succeed in your endeavor.
You must be concerned to know how well you are
doing and keep track of your performance. You must
obtain useful feedback and advice from others.
Successful business people base their work on strengths. Use
your manual skills, knowledge in creating products or services,
knowledge in trading product/service, ability to make and use
of network of contacts to build your entrepreneurial venture.