Entrepreneurial Characteristics and Mindset

This presentation focuses on the mindset and characteristics of entrepreneurs, including curiosity, risk tolerance, persistence, and innovation. It also explores personal entrepreneurial tendencies, motivational drivers for successful entrepreneurship, and factors that influence the decision to start a business. The presentation concludes by highlighting the various characteristics of entrepreneurs that differentiate them from other managers.

ESBM

TABLE OF CONTENTS
INTRODUCTION
MAIN BODY
Entrepreneurial characteristics and mind-set
Personal entrepreneurial tendency
Factors that influence the decision to start a business
CONCLUSION
REFERENCES

INTRODUCTION
• Following presentation will be highlighting
the key aspects of entrepreneurship through
focusing on the mind-set of entrepreneurs
and their characteristics.

Scope of entrepreneurship
• Local entrepreneurs or enterprise
• Global entrepreneurs
• Social entrepreneurs

Entrepreneurial characteristics and mind-set
• Curiosity
• Risk tolerance
• Persistence
• Innovative

Personal entrepreneurial tendency
• Family upbringing- From the start of their life a person can
develop entrepreneurial skills and characteristics which can be
influenced through their upbringing.
• Social factors- Social factors refers to the surrounding in which
a entrepreneur survives which have a heavy influence on the
kind of person they become.

Motivational drivers for successful
entrepreneurship
• Creating difference- Motivation in the entrepreneur is defined
as their ability to make difference in their work through their
work.
• Satisfaction- Satisfaction gained from doing an activity acts as a
motivating factor for achievement of goals

Factors that influence the decision to start a
business
• Personal factors
• Educational factors
• National culture
• Economic factors

CONCLUSION
• The above presentation has concluded various characteristics of
entrepreneur including innovation and persistence which
differentiates them from other managers.
• Various factors that motivates and influences the person to
become an entrepreneur has been discussed.

REFERENCES
Baker, T. and Welter, F., 2018. Contextual entrepreneurship: An
interdisciplinary perspective. Foundations and Trends® in
Entrepreneurship. 14(4). pp.357-426.
Baker, T. and Welter, F., 2020. Contextualizing entrepreneurship
theory. (p. 188).