QUALITIES OF AN

QUALITIES-

Qual

ities

of

an

Entre

pren

eur

Visionary

InnovativeSelf Confidence

Passion for work

Leadership qualities

Taking Risks

Decision Making

Marketing Skills

Time Management

Hard Work

VISIONARYWHAT IS IT?

WHY IS IT IMPORTANT?•Foresight•Have an aim•Completion and execution of idea

INNOVATIONWHY IS IT IMPORTANT?•To sell your product•Competition•Unique selling point•Growth

VS

SELF-CONFIDENCEWHAT IS IT?

Self-Confidence=Self efficacy + Self Esteem

PASSION=Sense of•Optimism•Challenge•Ownership•PurposeNever ending desire for progress & ability to convince others to believe in their vision.

LEADERSHIP QUALITIESWHAT IS IT?•Ability to influence others•Exercised to achieve goals•Indicates interpersonal relations

WHY IS IT IMPORTANT?•Mitigates conflicts•Motivates others•Key role in change•Influence the employees positively

LEADERSHIP QUALITIESQUALITITES•Knowledge•Integrity•Charisma•Initiative•Motivation skills

MARKETING SKILLSWHAT IS IT?Putting the right product in the right place, at the right price, at the right time for the right people, by the right people.

WHY IS IT NEED?•Monitor client/consumer behavior•Identify opportunities/threats•Provide strategic inputs

SKILLS REQUIRED•Creativity•Communication•Analysis and observation

TAKING RISKSWHY?

MINIMIZING•Analyzing current trends•Considering consequences•Reasonable decisions

Work under uncertainty for achieving the goal

DECISION MAKINGWHAT IS IT?Making decisions using-•Good information•Analysis and observation•Consultation

QUALITY•Good information•Training•Experience and aptitude•Analysis skills•Risk

TIME MANAGEMENTWHY IS IT IMPORTANT?

THEMES•Setting priorities•Creating an environment•Getting organized

HARD WORK WHAT IS IT?•Overcoming challenges•Putting in effort

WHY IS IT IMPORTANT?•Discipline•Achieve goals•Overcome challenges

HARD WORK=TOUGHER CHALLENGES=MORE OPPORTUNITIES

Initiative means making the first move.

Initiative

Entrepreneurs should always be pro-active and look out for new business opportunities.

They have to think outside the box and, at times, become independent.

An example of an entrepreneur who showed initiative was Mark Zuckerberg, the creator of Facebook. He wanted to find a way for people to share media and stay connected. It began as a site that only he and other people on his university campus used. Now, however, it is global.

Determination in business is the ability to remain committed during difficult times. Problems may arise, requiring you to work longer hours, or make less profit than desired, but it is important to remain focused on what you wish to achieve in the end.

Determination

Entrepreneurs may need to come up with unique solutions to problems in order to make themselves known.

Creativity

Thank You