Entrepreneurial Characteristics and Success: A Comparative Analysis

Entrepreneurship and small
business Management
Task 2 (LO3-LO4)

Table of Content
• Introduction
• P5 Characteristics, traits and skills of successful entrepreneurs which makes them
different from others
• P6 Aspects of entrepreneurial personality reflect entrepreneurial motivation and mind
set
• M3 Explore entrepreneurial characteristics
• D3 Analyse skills, characteristics and motivational drivers of successful
entrepreneurs
• P7 Background and experience can hinder or foster entrepreneurship
• Analyse the link between entrepreneurial characteristics and influence of specific
successful entrepreneurs.
• D4 Critically evaluate how background influence both negative and positive by
comparing and contrasting examples
• Conclusion
• References

Introduction
• Entrepreneur is the individual who launch, run, design and
start new business on his own risk to attain high profit.
• There are so many skills, characteristics and abilities
which is required by successful entrepreunship is
examined in this.
• It is essential to take risky decision to achieve high growth
and success in competitive business environment.
• Entrepreneur Mindset plays significant role in growth of
the business.

P5 Characteristics, traits and skills of successful
entrepreneurs which makes them different from others
To start business in
appropriate way
entrepreneurs required so
many characteristics, which
are as follows:
• Risk taking
• Flexibility
• Hard working