Common Traits:

PROACTIVE – Entrepreneurs are reactive rather passive. They

address issues, problems, and challenges before they come rather
than they when they already happened. They ensure that proper
research is done, the risk factors are assessed, and plans are
executed on a timely and most efficient way.

Common Traits:
AGENTS OF CHANGE - Entrepreneurs are innovation champions.
They see opportunities in hopeless and complex situations. They
are always enthused to improve and develop new products and
services and introduce them to the market.

Common Traits:
RISK TAKERS – Entrepreneurs do not just grab opportunities left
and right; they have to take into consideration the potential
various threats they may encounter. Entrepreneurs calculate the
risks; if they think that there is a big chance of succeeding, they
push through with the venture and don’t let the opportunity pass.

Common Traits:
HAVE A SHARP EYE FOR OPPORTUNITIES – Entrepreneurs know
how to assess the net cause and effect of an opportunity and
decide intelligently if a venture should be considered or not.

Common Traits:
SOCIABLE – Entrepreneurs establish the relationship with the
most important assets of the company – its people and its
customers.
Common Traits:
NETWORKERS – A networker knows they key people to connect
with. Successful entrepreneurs gain trust of their valuable
network and maintain a long-lasting relationship with them.

Common Traits:
DECISIVE – Entrepreneurs always have a decision about their
business. They do not settle for gray areas or unclear solutions.
They do not leave an issue unsolved without a disposition. They
make sure that all aspects of their business have clear objectives
and strategies. Last, they base their decisions on scientific
calculations backed-up by their experience and technical
knowledge.

Common Traits:
BALANCED – Entrepreneurs should have a balance between the
analytical and the creative side. Their brains are always playing
with “unique ideas” that no one has ever thought of yet.

Common Traits:
INNOVATIVE – Entrepreneurs’ minds are rich with big ideas that
can add value to their existing business or could become a game
changer in the industry or business where they belong. They do
not stop improving and thinking of new and worthwhile ideas for
their business.

Core Traits:
LEADERS – Successful entrepreneurs always have the heart of a
leader. To be successful leaders, they must be a source of
inspiration for their employees. Leaders act on their
responsibilities that were given to them. They use their strengths
and limitations to make the best of a situation. They must also be
 decisive and know how to own up their decisions. They know how
to unite the team and bring out the best in every employee.

Core Traits:
COMMUNICATORS – Entrepreneurs know how to use all forms of
communication effectively share ideas and address certain
concerns with their customers or employees. Communication
channels between entrepreneurs and their employees or
customers should always be open to ensure the smooth flow of
operations in their business.

Core Traits:
SPECIALISTS – Entrepreneurs are expert in their chosen business.
They are tactical and are very keen with details. When asked
about the specifics of their product or service, they can easily
answer without heavily relying on their people. They understand
the totality and specificity of their business.

Core Traits:
PROBLEM SOLVERS – Entrepreneurs possess critical thinking skills
and look at problems as challenges or puzzles that they need to
solve. They know how to handle issues in any area of the
business, be it in finance, operations or marketing. They listen to
their employees on certain problems involving their units, and
come up with strategic solutions. Entrepreneurs have faith that
every problem has a solution no matter how hard it is. They must
also be courageous and know how to face the consequences of
their decisions.