Entrepreneurship and Small Business Management

Entrepreneurship and Small
Business Management

Table of content
 Introduction
 Characteristics, traits and skills of successful entrepreneurs
 Entrepreneurial personality
 Background and experience impact entrepreneurship
 Conclusion
 References

Introduction
Entrepreneurship is a formative process in which creation
and innovation of new products services, ideas and values
are done as to establish a venture. In this regard and
entrepreneur is an individual who take risk to innovate new
ideas products and services in order to attract large base of
customers. An entrepreneur innovative products and
services which is unique and still not exist in a market
place.

Characteristics, traits and skills of
successful entrepreneurs
The person who possesses the abilities as well as potential to take risk in order to pursue passion can
be termed as an entrepreneur. In this regard, the traits, skills and characteristics of Louis Vuitton
are as follows:-
Characteristics
 Self Belief: This is regarded to be an essential characteristic that is present within
entrepreneurs which keeps them motivated and skilled at all times. This is considered to be a
facilitating factor which tends to encourage individuals to establish a positive mindset. In this regard,
Louis Vuitton possessed huge self belief for dealing with any type of fear with the aid of zeal.