1.1 Characteristics of successful entrepreneurs GapFill

There are many reasons why entrepreneurs decide to start their own business. Many want to  be their own bosswin prizeswork in a teambecome an employee with the flexibility this brings. Entrepreneurs also personally need  componentsa uniformpackagingskills to succeed. These may have been developed through experience or attending courses. In order to approach banks or investors, an entrepreneur needs the ability to  communicate and presentprofit and losssing and danceadd and subtract information about their business idea and their plans. Before doing this, the entrepreneur should have spent time  planning and researchingcleaning the premisesmaking social media poststaking a holiday the business idea. 

An entrepreneur setting up their own enterprise may need to be prepared to move from being an employee to being   a workera leaderan associatea team member, which needs a different skill set, including negotiation and innovation, which are not always required from employees.

As well as skills, successful entrepreneurs tend to share certain  skillsfriendscharacteristicshobbies. When things are not going well with the business, an entrepreneur needs  outside interestsresilienceextra fundingtraining to keep going, and improve the situation. This can create stress, so it's helpful if the entrepreneur has  an interesta confidencea passiona disinterest for the business and its product or service. Optimism, creativity and resourcefulness are all very helpful characteristics in an entrepreneur.

Once the business is a success, the entrepreneur may need to find investors and employees. Both of these will be easier if the entrepreneur has  the capacity to inspire othersa flattering uniformnice premisesgood working conditions. Overall, every entrepreneur has to be happy to take  a pay cutadvice on financial issuesa risklessons in marketing that the business may fail. Having confidence and   desperationdeterminationdigitsdreams to succeed, along with a positive attitude, will help an entrepreneur succeed.