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      Home LAUNCH Starting a Business Are You Suited to Entrepreneurship

      22 Defining Entrepreneur Characteristics

      Tracy Lee Nicol by Tracy Lee Nicol
      Oct 2, 2019
      in Are You Suited to Entrepreneurship
      57
      Entrepreneurial-characteristics
      Share on FacebookShare on TwitterShare on LinkedIn

      RelatedTopics

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      When it comes to starting a business, what do Mark Zuckerberg, Richard Branson, Steve Jobs and Allon Raiz have in common? They’re millionaire businessmen, yes, but certainly not the same kinds of businessmen: Zuckerberg is a social media mogul, Branson an empire builder, Jobs a computer innovator, and Raiz a business incubator.

      So could there be certain shared characteristics required for being an entrepreneur? Why yes, yes there are.

      Entrepreneur characteristics: The common denominators

      In no particular order, entrepreneurs are:

      1. Dreamers and naïve – anything is possible
      2. Thinkers and visionaries – seeing things as they could be rather than as they are
      3. Leaders with team and spirit building abilities
      4. Able to foster trust, respect and confidence in others
      5. Passionate and believe in their vision
      6. Self-confident, driven and tenacious
      7. Committed to a purpose
      8. Courageous / have high risk tolerance
      9. Positive and optimistic
      10. Opportunistic
      11. Self-motivated and self-starting
      12. Energetic and charismatic
      13. Innovative and creative
      14. Different – they think differently and reject the status quo
      15. Decisive
      16. Masters of nothing – broad knowledge in many spheres but no specialist expert knowledge
      17. Dedicated and show fortitude in tough times
      18. Resilient to criticism and rejection
      19. Resourceful, flexible and adaptable
      20. Able to learn from mistakes and turn failure into learning opportunities
      21. Strong negotiators able to create beneficial networks and partnerships
      22. Strong understanding of leverage.

      The downside of entrepreneur characteristics

      Are you an entrepreneur? Entrepreneurs can be known to be:

      1. Difficult to work with
      2. Egotistical
      3. Stubborn
      4. Willful
      5. Hard to reason with
      6. Overly risk tolerant – i.e. take gambles
      7. Workaholics and obsessive
      8. Dreamers who become isolated from the real world.
      Tracy Lee Nicol

      Tracy Lee Nicol

      Tracy-Lee Nicol is an experienced business writer and magazine editor. She was awarded a Masters degree with distinction from Rhodes university in 2010, and in the time since has honed her business acumen and writing skills profiling some of South Africa's most successful entrepreneurs, CEOs, franchisees and franchisors.Find her on Google+.

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