ENTREPRENEUR

IAL QUALITIES
Are entrepreneurs
born or made?
Stephen Spinelli and Robert Adams have nicely summarized research on
entrepreneurial characteristics.

Having and exhibiting “desirable and acquirable attitudes and behaviors” fall
under the following six descriptors.

1. Commitment and determination

2. Leadership
3. Opportunity obsession
4. Tolerance of risk, ambiguity, and uncertainty
5. Creativity, self reliance, and adaptability
6. Motivation
 ATTITUDES AND BEHAVIORS
THAT SHOULD BE AVOIDED AT
ALL COST
1. Underestimating what you can do
2. Lack of understanding of the market
3. Hire mediocre people
4. Fail to be a team player, which is usually the result of
taking oneself too seriously
5. Be a domineering manager
6. Fail to share ownership in the business in an equitable
way
1. What kind of business could you start while still
going to school?

2. What type of business could you start using the

skills you have now?

3. What kind of business would you start if you and

two classmates had access to a loan for 4,000,000
pesos?

4. What kind of business would you start if your

family would lend you 250,000 pesos?