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 prizesbecome an employeework in a team with the flexibility this brings. Entrepreneurs also personally need  componentspackagingskillsa uniform 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  sing and danceadd and subtractprofit and losscommunicate and present information about their business idea and their plans. Before doing this, the entrepreneur should have spent time  taking a holidaymaking social media postscleaning the premisesplanning and researching the business idea. 

An entrepreneur setting up their own enterprise may need to be prepared to move from being an employee to being   a leadera workeran 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  skillshobbiescharacteristicsfriends. When things are not going well with the business, an entrepreneur needs  resilienceextra fundingoutside intereststraining to keep going, and improve the situation. This can create stress, so it's helpful if the entrepreneur has  a passionan interesta confidencea 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  nice premisesa flattering uniformgood working conditionsthe capacity to inspire others. Overall, every entrepreneur has to be happy to take  advice on financial issuesa pay cutlessons in marketinga risk that the business may fail. Having confidence and   desperationdigitsdeterminationdreams to succeed, along with a positive attitude, will help an entrepreneur succeed.