7 answers
Asked
521 views
What skills can qualify you to be a good entrepreneur?
#job-application #information-technology #investment-banking
Login to comment
7 answers
Updated
Nihar’s Answer
two of my friends and I were 1st gen entrepreneurs who started a company back in college and were fairly successful in self-sustaining, i had to move out for reasons but the most imp characteristics as i look back that is needed are :-
Tenacity
Persistent
Self Starter
Relationship building
Good Negotiator (speaking skills very imp!!)
Creative & problem solving
Tenacity
Persistent
Self Starter
Relationship building
Good Negotiator (speaking skills very imp!!)
Creative & problem solving
Updated
Tribeni’s Answer
One of the greatest skills that an entrepreneur requires is the willingness to take risks and the willingness to face fears. To be an entrepreneur
means you would need to think of a business idea, identify who would be your target community (therefore marketing and sales). Creativity, flexibility, adaptability, financial literacy are some of the skills for an entrepreneur. Also, remember that finance permitting, you need to have strength and expertise in some of the areas of the business and can hire additional people to provide expertise for areas that you do not have skills for.
means you would need to think of a business idea, identify who would be your target community (therefore marketing and sales). Creativity, flexibility, adaptability, financial literacy are some of the skills for an entrepreneur. Also, remember that finance permitting, you need to have strength and expertise in some of the areas of the business and can hire additional people to provide expertise for areas that you do not have skills for.
Updated
Aastha’s Answer
Hi! Being an entrepreneur isn't a clear cut path, it is meant to let you have your creative freedom! First, your passion is what "qualifies" you. I don't see it as a qualification rather a quality! After that I would say networking skills, learn more about entrepreneurs in your business! Learn from their paths, stories, and how you can change it into your own. Maybe try to find a mentor to connect with on LinkedIn, that has helped me a lot. Other than that you'll do great!
Updated
Matthew’s Answer
Entrepreneurship is a self-fulfilling career that many attempt, but very few make it through.
There are a few important aspects that every person entering the field must have:
1. Idea - you must have an idea, product or service that you truly believe in.
2. Motivation - With entrepreneurship career path, there is not guaranteed paycheck, no days off and no idea what the next week, month or year will bring. One must have the motivation to keep going through the good and bad times they will face throughout the process.
3. Organization - it is important to be organized from beginning to end, because there won't be someone else there to do it for you
4. Confidence! You must have confidence in your decision to follow this career path. It is a difficult path to take but a very fulfilling one
There are a few important aspects that every person entering the field must have:
1. Idea - you must have an idea, product or service that you truly believe in.
2. Motivation - With entrepreneurship career path, there is not guaranteed paycheck, no days off and no idea what the next week, month or year will bring. One must have the motivation to keep going through the good and bad times they will face throughout the process.
3. Organization - it is important to be organized from beginning to end, because there won't be someone else there to do it for you
4. Confidence! You must have confidence in your decision to follow this career path. It is a difficult path to take but a very fulfilling one
Updated
Rituparno’s Answer
There are several, the top five I view it as in descending order-
1. Identify a problem by which would turn into a win-win situation for everyone involved - producer, seller and consumer
2. Be brave enough to take risk as anything great or wrong at somewhere in the chain of events may create a far-reaching issue or sky-rocket to another level
3. Excellent communication skills to different set of people whether selling an idea to investors or selling a product or service to end user or distributor or motivating people to work for a goal
4. Learn new things and improve capability on each passing day as keep improving the venture will fuel more growth
5. Proactively listen to consumers, partners and suppliers resolve any issue or implement any feasible suggestion
1. Identify a problem by which would turn into a win-win situation for everyone involved - producer, seller and consumer
2. Be brave enough to take risk as anything great or wrong at somewhere in the chain of events may create a far-reaching issue or sky-rocket to another level
3. Excellent communication skills to different set of people whether selling an idea to investors or selling a product or service to end user or distributor or motivating people to work for a goal
4. Learn new things and improve capability on each passing day as keep improving the venture will fuel more growth
5. Proactively listen to consumers, partners and suppliers resolve any issue or implement any feasible suggestion
Updated
Sherri’s Answer
Hello! One of the most important skills to have as an entrepreneur is the ability to create value. Creating value will ensure your consumers come back and want more of your product or service. It also helps when your product or service is important or needed by your consumers.
As you think about the product or service you plan to offer, consider what's needed by the people who will buy your product or service. Think about whether or not existing products or services can be enhanced or create something new. Either way, you'll want to ensure that your product or service is something needed to ensure you are adding value.
Good luck!
As you think about the product or service you plan to offer, consider what's needed by the people who will buy your product or service. Think about whether or not existing products or services can be enhanced or create something new. Either way, you'll want to ensure that your product or service is something needed to ensure you are adding value.
Good luck!
Updated
Brandon’s Answer
Hey Jesse!
I think the best place to start is asking yourself what you're most passionate about and how you enjoy spending your time.
From there see if those interests or passions can be turned into a sustainable business offering that creates value for both you and the consumer.
The unique perspective that you provide, in whatever you do, will be your greatest asset.
No one can think or view the world around you as you can and the originality provided is where you'll find your success.
Genuine passion and care coupled with unwavering perseverance I believe are the most important attributes for any entrepreneur.
Most importantly, don't be afraid to try something new or challenge the normality with your business idea.
"Normality is a paved road: It's comfortable to walk, but no flowers grow on it." - Vincent Van Gogh
I think the best place to start is asking yourself what you're most passionate about and how you enjoy spending your time.
From there see if those interests or passions can be turned into a sustainable business offering that creates value for both you and the consumer.
The unique perspective that you provide, in whatever you do, will be your greatest asset.
No one can think or view the world around you as you can and the originality provided is where you'll find your success.
Genuine passion and care coupled with unwavering perseverance I believe are the most important attributes for any entrepreneur.
Most importantly, don't be afraid to try something new or challenge the normality with your business idea.
"Normality is a paved road: It's comfortable to walk, but no flowers grow on it." - Vincent Van Gogh