Skip to main content

Traits of a successful entrepreneur

Grandfather clocks serve as artistic decor pieces

  Ancient & Modern Clocks Grandfather clocks , also known as longcase clocks, are a type of mechanical clock that is renowned for their tall, freestanding design and pendulum mechanism housed within the tower case. Originating in the late 17th century in England, these clocks became popular due to their improved accuracy over older timekeeping methods. The name "grandfather clock" became widespread after the song "My Grandfather's Clock , " written by Henry Clay Work in 1876, which described such a clock that had been running for ninety years.       View More   Kieninger clocks   This is one of the world's oldest clock makers founded in Germany over 100 years ago. You can see more here Like this Ridgeway grandfather clocks The mechanics of a grandfather clock involve a weight-driven system where weights descend slowly pulling on gears to regulate the movement of hands on the dial. This system requires periodic winding to keep the clock running accurat...
1 comment

10 key traits of a successful entrepreneur

Starting and growing your own business requires many skills to be successful. It is of great importance to have some traits in onespersonality that blend with the beeds of the business.

Certain questions have been asked over repeatedly and we may not answer them now, but do so in subsequent pages.

Such question include
What exactly does it take to be an entrepreneur?

How do i become an entrepreneur?
What skills do i need to become an entrepreneur?

We would be made to answer most of this questions if we consider some topics

Now the 10 key traits of a successfull entrepreneur are:

1.   Global Thinking:

       More and more business today are.                 Going international. Operating in a.               global environment. This means that.            entrepreneurs must understand the.              trends, econimic and legal issues that .          have an impact on international.                    markets and products, as well as local.          customs.

If you dont anticipate expanding your business across continents; understanding how companies similar to yours operate in other parts of the world can provide valuable information, that may be put to use in your own business.

2.   Customer focused:-

       Without customers, you cant build a.              business. The successful entrepreneur spends time understanding the interests and buying trends to pitential customers and views the company's products or services through the consumer's eyes.

3.   Goal Driven:-

       Staying focused on a clear goal and keeping employees focused on that goal is often one of the most difficult tasks of the entrepreneur. In fact, one of the most important lessons business owners learn early on is that, their company can't be all things to all people. The more focused the company is producing what it makes best, the more likely it will succeed.

4.   Team-Oriented:-

       Most successful entrepreneurs recognize that they cant build or run their business alone. Delegating responsibilities to teams of employees or even outside consultants will not only allow the company to focus on it's core competencies, but also will improve the efficiency of it's operations and provide avenues for creative ideas to filter their way up to management.

5.   Skills Oriented:-

       Each member of your team must have demostrable skills that can contribute to the company's overall performance. The entrepreneur makes sure that his team possess a diverse skill base, one that complements his or her own skill and can create synergies in a team environment. And the entrepreneur is committed to employees maintaining their skills by prividing ongoing educational opportunities.

6.    Techno-Knowledgeable:-

        Virtually every aspect of a business from manufactiring to financial management to marketing, requires technological proficiency. The entrepreneur must possess some knowledge about technology and take the initiative to hire individuals who can implement technology plans and programs.


Environment means that entrepreneurs must understand the trends and economic and legal issues that have an impact on international markets and products, as well as local customs. But even if you dont anticipate expanding your business across continents; understanding how companies similar to yours operate in other parts of the world can provide valuable information that may be put to use in your own business.

7.   Flexible Minded:-

       The successful entrepreneur is sensitive to the changing marketplace, competitor strategies, and customer preferences and adapts products or services accordingly.

8.   Bottomline Oriented:-

      Making money and profits requires managing money successful. Being financially astute, carefully managing vendors and suppliers and hiring the right team of financial advisor can all help a business prosper.

9.   Socially Responsible:-

       Being socially responsible can contribute to a company's success. In today's business and social climate, entrepreneurs that are looking to provide a social benefit by making a commitment to serve the economically disadvantaged, protecting the environment or adopting some other social cause, are more likely to be favourably perceived by end-users of their products and services.

10.   Future- Oriented:-

        Successful entrepreneurs dont get overwhelmed or consumed by day-to-day problems. They have a vision for the future of their company and make an effort to understand the trends and forces that will impact their ability to achieve that vision.

Considering the above traits, entrepreneurs also possess the below abilities:

List of entrepreneurs special abilities

1.  Drive to  achieve and grow.

2.  High energy, health and emotional.                 stability.

3.   Orientation to goals and opportunities.

4.    Total comnitment, determination and           perseverance.

5.   Taking initiative and personal                           respinsibility.

6.   Vision and capacity to inspire.

7.    Integrity and reliability.

8.      Internal locus of control.

9.     Team builder and hero maker

10.    Decisiveness, urgency and patience.


CBD Resellers - For All Your CBD Needs

Comments

Post a Comment

Thanks, Noted

Popular posts from this blog

How School Head Moves Organization forward To Achieve Objectives

It is  important for school administrators to know the purpose and objectives of educational administration in other to achieve  stated objectives of  the school. Lets look at the objectives of Educational administration below: Objectives Of Educational Administration. In the previous page the  purpose of educational administration was explained. Administration in any educational organization has  its central purpose the enhancement of teaching and learning. All the activities of the administrator whether working with the ,public or the ministry of education or the professional staff should ultimately contribute to this end. we should  note that the purpose of educational administration is to enable the right pupils to receive the right education from the right teachers at cost within the means of the state, under conditions that will enable the pupil to profit by their learning. The objectives of educational administration are; To prov...
Post a Comment
Read more

Reasons why learners can't recall lessons taught

It have become a thing of concern in the classroom, that most learners find it heard to remember. Teachers/coaches impact knowledge into learners and coaches train on skills. Most times, these learners can't remember what they have been taught. In other for learning to take place at any given time there must be understanding. There is need to use the best teaching method that promotes learning. We shall look at teaching methods in another lesson. For now we shall look at some of the reasons why learners can't remember their lessons. 1.  Lack of course materials : if learners visit libraries not knowing the right area of course subject topic to concentrate on, they may end up concentrating on topics that are not related to their current semester scheme. This tend to affect their ability to remember what they have been taught, because their initial interest to learn and energy have been spent reading course topics not related to their current scheme. When the...
1 comment
Read more

Perfection by practice

Before learning any language, you will make much faster progress if you first learn how to produce, identify and read every syllable. Our video course Pronunciation Mastery teaches you everything you need to know.               Learn a language Here Listen Here The beauty in everything is knowing you can make a difference in the life of others. Many years ago I was nominated to coach upcoming entrants to University. I made them understand that as youths they can do anything positive to succeed. Many of them took pen and paper and drafted out what they would do with their free time while in school to make a living even as students. Some embraced my tactics of survival and made it out of school. If you don't discover who you are many destinies will lie waiting, they will never move until you move. Just go out there if you are a transformation catalyst and help someone with the right skill that will enable them disc...
Post a Comment
Read more

Major career areas in adult and non-formal education that can guarantee self employment

Today many Adult learners ask, does adult education mean literacy alone?  The answer is adult education does not mean  literacy alone. It is more than literacy or remedial education to ‘fill gaps’.  It is something that people need and want as long as they live,regardless of the amount of their previous education.  It must therefore be an integral part of any modern  country’s educational system. Who is an adult? An adult is a person who has assumed (whether by his choice or not)  some kind of responsibility for self and perhaps, for others and some degree of independence of parental authority and characteristic to the same degree of adolescents, According to (New England Board of  Higher Education, 1965). This same adult must be:  Physiologically independent Economically independent Socially responsible  A spouse, a parent or an active  citizen.  Aged above 18years  What is Educat...
Post a Comment
Read more

Conditions for operating home school in Nigeria

 Home schooling is operational in Nigeria without conditions attached. The introduction of compulsory school attendance law, child education most especially in some countries was impacted by family or community. People were of the belief that it takes the whole community to raise a child and not by going to school.  What then is home schooling? Home schooling is also known as home education. This is the education of children inside the home, done by a tutor or parent(s) instead of a formal conventional public or private school. Home schooling is also known as home education. This is the education of children inside the home, done by a tutor or parent(s) instead of a formal conventional public or private school. Home schooling is common in many foreign countries, countries like : The United Kingdom,  United States,  Chile,  Australia,  Canada,  New Zealand,  Mexico etc.  However, it is outlawed in most European countries and in countrie...
2 comments
Read more

The important public examinations you need to know

  Facts Save 10% writing exams A lot of  our youths are still unaware of the major public examinations covered by examining bodies. They still ask questions like: Which exam is important?  Who should seat for this examinions?  Which examining body is incharge? We shall look into details the important public examinations you need to know. The major public examining body in West Africa is the west African  Examinations Council  (WAEC). There are other examining countries in member countries.  In Nigeria for instance, such bodies include the international centre  for examinational Evaluation  (ICEE) established at the university  of I bad an in 1972, the joint Admission and matriculation Board (JAMB) newly set up for University admission,  and many professional organizations  Examples: Medicine Accountancy  Surveying  Which conduct certain national qualifying examinations, educators should be fam...
1 comment
Read more

How To Develop Leader's

The first thing that should come to your mind as you develop leaders is first, education. Education is the process of acquiring knowledge that will mould your destiny from what you use to be to what you tend to become for your benefit and that of the society. Without education career objective cannot be achieved and without knowledge gained there will be no leader, because leader's are always readers. Looking  at how leadership development can take place, one need to be equipped with the skills needed through education. It is a common thing that if you ask an average entrepreneur if he is a leader, he will tell you YES. Our owning business does not make us leaders. There is difference between being a chief executive officer ( CEO) and a leader. What then is leadership? Leadership in this perspective is an act not a position. If you are a leader what vision do you have for an organization? How do others share that #vision with you? The extent of leadership in the ow...
Post a Comment
Read more

How to be a better version of Yourself

The truth is, mos t people like to make their lives difficult. Ask How? By always comparing themselves to others. They spend their energy torturing themselves on how slow they do things compared to somebody else. And, how can we blame them? After all, we live in a corporate era that glorifies high achievers and doesn't tolerate failure. We've been educated this way since we were kids. We wanted to be the ones who finish that Math test first. We wanted to be the most important player on the soccer team. And every time someone was getting better than us... We got worried. Nowadays, we secretly envy that co-worker of ours who always delivers his projects early. Or that manager who's able to master new skills more quickly than we do. We could believe that this inner competition with others would make us better. That it will help us achieve our goals and get further in life. In reality though...i t's a recipe for disaster. People who do that set themselves for unhappin...
Post a Comment
Read more

Everything is figured Out

Figured out This is for sure the latest of Roseline song Tittled "FIGURED OUT. A gospel artist, T.v presenter, motivational speaker. Just yesterday i met her, she was all round ready to take her vision to the next step. She is a woman that understand humility and the power of grattitude. There is no time she does not source for the best people with possitive mind like hers. This is for sure Gods own daughter. No matter what life throws at you it is important to understand that God have Got all things figured out for good. You must first embrace your vision, which is the road map to all round success. Without your vision you will be tossed about. The opportunity to create your own environment is in your hands.  2020 is all about figured out.
2 comments
Read more