Characteristics of entrepreneurs.

[Ephy]

1. Risk taker - ready to take risks by venturing in an activity or business whose outcome is not known. He or she plans how the business will operate hoping to make gains without hindrances or losses.
2. Patience - patient when implementing business ideas since it takes time before success is achieved.
3. Innovative - they think creatively and come up with new ideas which they put into practise to better goods and services.
4. Competitive - entrepreneur should strive to beat the existing standards of quality in order to compete well in the market.
5. Desire to achieve - he or she set goals and strives to achieve them.
6. Self confidence, believe in themselves.
7. Time consciousness, be able to use time wisely and avoid wasting it.
8. Good in decision making or ability to come up with solutions.
9. Determination and goal oriented.

 

[Seyesystem]

An Entrepreneurer decision is very crucial in his business since he manage and run a business in order to make profit. Before making any decision he must have evaluated the decision and look for the possible outcome of his decision. The decision taking by an entrepreneurer can lead to the success of the organisation and may lead to the down fall of the organisation. So his decision has a lot of influence in the organisation.
These are some of their function.
1, decision making
2, making plans
3, Risk taker
4,controling