Characteristics, Traits, and Skills of Successful Entrepreneurs

Entrepreneurship and Small Business
Management
TASK 3 & TASK 4

Introduction
Entrepreneurs are those people who are having ability to invent
and implement ideas so as meet market demand by innovating
their product or service offerings and earn high money.
Entrepreneurs are known as backbone of the business and they
operate business in such a manner that more revenue can be
generated form the business and enhance job opportunities
thereon by which living standards of society can be enhanced
and their needs can be met out.

Characteristic, traits and skills of
successful entrepreneurs
• There are various entrepreneurs in UK which are having distinct
skills and capabilities by which they are easily identifiable form
group of people. Some of the traits and characteristics are explained
as under:

Characteristics
• Passion: This is an essential characteristic within entrepreneur
which provides them capability to work beyond their level and
capacities. With this characteristics both the entrepreneur
Elizabeth Gooch and Tom Mercer are able to focus on their
defined tasks and goals.
• Self-belief and hard work: This is the characteristic under which
efficient working style can be established by entrepreneur such as
Elizabeth Gooch and Tom Mercer. This characteristic is helpful
for them to enhance their confidence and providing growth
opportunities for their personal and professional development.