Characteristics, Traits and Skills of Successful Entrepreneurs

Entrepreneurship and
Small Business
Management
(Task 3 & 4)

Table of Content
 Introduction
 Characteristics, traits and skills of successful entrepreneurs
 Aspects of Entrepreneurial Personality reflecting the entrepreneurial
motivation and Mindset
 Background and Experiences of Elizabeth Gooch and Tom Mercer
 Conclusion
 References

Introduction
Entrepreneurship is a activity of designing, setting and running new
businesses with the expectation of earning profits along with risks.
The people who creates business is known as entrepreneur and they
seen as an innovator or a source of new idea, products, services,
businesses etc. They convert their ideas and knowledge into
profitable business after analysing the opportunities in the market.

Characteristics, Traits and Skills of
Successful Entrepreneurs
Entrepreneurs are the people who recognize a consumer problem and
work towards finding solution of that problem. They are the people
who sets up a business taking on financial risks so as to convert their
ideas into products and services that can fulfil the needs and
requirements of the consumers with an aim of earning profits.