The document discusses key characteristics of successful entrepreneurs. It notes that entrepreneurs must be confident risk-takers who are flexible, goal-oriented, and persistent. They should also be open to criticism, innovative, persuasive, knowledgeable, and passionate about their work. Successful entrepreneurs commit fully to their ventures and have high energy levels and determination to overcome challenges in pursuing their goals.
The document discusses key characteristics of successful entrepreneurs. It notes that entrepreneurs must be confident risk-takers who are flexible, goal-oriented, and persistent. They should also be open to criticism, innovative, persuasive, knowledgeable, and passionate about their work. Successful entrepreneurs commit fully to their ventures and have high energy levels and determination to overcome challenges in pursuing their goals.
The document discusses key characteristics of successful entrepreneurs. It notes that entrepreneurs must be confident risk-takers who are flexible, goal-oriented, and persistent. They should also be open to criticism, innovative, persuasive, knowledgeable, and passionate about their work. Successful entrepreneurs commit fully to their ventures and have high energy levels and determination to overcome challenges in pursuing their goals.
word entreprende which means to undertake. The word also means a person who starts or undertake a business and is willing to risk loss in order to make money. 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬𝐡𝐢𝐩
Means the person’s capacity and
willingness to develop, organize, and manage a business together with the risk involved In order to make profit. WHY IS ENTERPRENEURSHIP IMPORTANT? a.It gives us opportunities to do what we want b.It contributes to the economics growth of the country c.It creates new job opportunities d.It reduce poverty e.It is means to develop our local materials into finished goods that can be sold in the country o abroad f. It develops the creativity of entrepreneurs in creating new ideas and products that bring about changes in the market. FAMOUS INTERNATIONAL ENTEPRENEUR Sergey Brin Sergey Mikhaylovich Brin is a Russian-born American computer scientist and internet entrepreneur. Together with Larry Page, he co-founded Google. Brin is the President of Google's parent-company Alphabet Inc. Brin earned his bachelor's degree in Mathematics and Computer Science at the University of Maryland, College Park. After graduation, he enrolled in Stanford University to acquire a PhD in Computer Science. There, he met Page, with whom he later became friends. They crammed their dormitory room with inexpensive computers and built a web search engine. It became popular at Stanford where they started up Google in a rented garage . In 2002, Brin, along with Larry Page, was named as one of the top 100 innovators in the world under the age of 35. In 2003, they received an honorary MBA from IE Business School "for embodying the entrepreneurial spirit and lending momentum to the creation of new businesses. They were also recipients of the Entrepreneur of the Year award. In 2004, they received the Marconi Foundation Prize, the highest award in engineering. As of June 2018, Brin is the 10th richest person in the world, with an estimated net worth US$52.1 billion. Chad Hurley Chad Hurley is the co-founder and former Chief Executive Officer (CEO) of YouTube which they sold to Google Inc. in 2006. Hurley stepped down as CEO of YouTube in October 2010 but stayed on as an advisor of YouTube. In August 2013, Hurley launched another company called MixBit, which does video editing using smartphones. Hurley has made several investments. He is a part-owner of the NBA's Golden State Warriors and the MLS' Los Angeles Football Club. Today, Chad Hurley is a billionaire. But behind this wealth there lies something extremely priceless – a will to succeed and a will to create something unique and different. Larry Page Lawrence Edward Page, better known as Larry Page, is American computer scientist and internet entrepreneur who founded Google with Sergey Brin. Page was the chief executive officer (CEO) of Google's parent companu Padel Inc. He stepped down as Google CEO in August 2001, but re-assumed the position in April 2011. Page became attracted to computers when he was six years old. He became the “first kid in his elementary school to turn in an assignment from a word processor”. He said that, "From a very early age, I realized I wanted to invent things. So I became really interested in technology and business. I knew I was going to start a company eventually.” Page holds a Bachelor of Science in Computer Engineering from the University of Michigan, with honors and a Master of Science in Computer Science from Stanford University. As of June 2018, Page was the 9th richest person in the world, with a net worth of $53.6 billion. Mark Elliot Zuckerberg Mark Elliot Zuckerberg is an American technology entrepreneur and philanthropist best known for co-founding and .leading Facebook as its chairman and CEO. He attended Harvard University, where he launched Facebook from his dormitory room with his roommates on February 4, 2005. The site expanded rapidly reaching one billion users by 2012. Since 2010, Time magazine has named Zuckerberg among the 100 wealthiest and most influential people in the world as a part of its Person of the Year Award. In December 2016, he was ranked 10th on Forbes List of the World's Most Powerful People. His net worth is estimated to be US$66.4 billion as of April 19, 2018. CHARACTERISTICS OF ENTERPRENUER Anybody can be an entrepreneur. But what does it take to be one? According to Quintin Tan, a professor at the Asian Institute of Management (AIM), entrepreneurs can be made. These are people who have worked hard and tried to overcome their deficiencies by learning skills which are important for them to become entrepreneurs. To become a successful entrepreneur is quite challenging. You need to determine your strengths and weaknesses and start working on these. Here are some characteristics or traits that you need to develop to become a successful entrepreneur. 1. Confident - Entrepreneurs believe that they can do something well and they are sure ey do with their business will be a success. They are assertive, focused and strong 2. Risk-taker - An entrepreneur has to be prepared for the trials and challenges that come with it. They take everything into consideration and make a calculated and informed decision. 3. Flexible and adaptable – An entrepreneur must be willing and ready to adopt a change when needed. They are not afraid to change with the times and seize the opportunitie that they may come their way. 4. Goal oriented – An entrepreneur will always have a clear idea of what exactly h wants to achieve and plan on how to achieve these goals. Enter 5. Persistent - According to Og Mandino, an American author who wrote the book The Greatest Salesman in the World, “Persistence is the key to success." An entrepreneur may experience failure and defeat, however he/she needs to continue and be patient in what he/she is doing even though it is difficult to achieve his/her goal. 6.Open to criticism - An entrepreneur is always ready to hear and consider the opinions of others. However, he or she doesn't waste time hoping for his/her critics to go away but instead accepts that criticisms are part of the business and takes it as an opportunity to improve himself or herself. 7.Innovative and creative - Entrepreneurs should realize that change is constant, thus he or she should be able to use this change to generate something new and come up with ingenious ideas. He or she is always eager to learn new things and continuously look for opportunities to improve his or her business. 8. Persuasive - A successful entrepreneur is able to get others to do what he or she wants. He or she can influence and motivate people towards his or her goals. 9.Knowledgeable - Entrepreneurs are constantly learning by reading books and magazines, going through seminars and various trainings. They can pick up things quickly and are always interested in learning new things. 10.Passionate about their job - Entrepreneurs do not consider their job a job. They genuinely love what they do and they are willing to put in extra effort and long hours to make their business grow. 11.Committed - Entrepreneurs do not give up easily. If they don't succeed the first time, they will continue to try and try again until they succeed. Failure is, for them, an opportunity for future success. 12. Full of energy - An entrepreneur should be active and always on the go. He/She should possess the physical and mental strength that will allow him/her to do things for the business. 13. Determined - Entrepreneurs should have a strong determination to succeed and overcome obstacles and hardships. They set goals for their business regardless of the trials and challenges that may come their way.
These are the traits or characteristics which make a successful entrepreneur.
Entrepreneurs who want to become successful early in life should keep these in mind so that they can practice and improve themselves for their business to succeed.