Characteristics of an entrepreneur

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    14-Feb-2017
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Transcript of Characteristics of an entrepreneur

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CHARACTERISTICS OF ENTREPRENEURSPresented by: Mr. Leang CHANNY

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What are the characteristics of entrepreneur?There is no such thing as a typical entrepreneur. Some entrepreneurs are quiet and hard-working, while others are more outgoing and flamboyant. The key to being a successful entrepreneur lies in the ability to take an idea and then, through the process of innovation, develop it in such a way that it becomes a marketable product or service.2Leang Channy

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Through their innovations, they contribute to the improvement of the standard of living. So, they do not only help the economy, they also help society.These are several definitions of entrepreneur:

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is one who takes risks and makes innovations on the factors of production.an entrepreneur is an adventurer, undertaker, and projector.an entrepreneur always searches for change, responds to it and exploits it as an opportunity.

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is one who shifts economic resources from an area of lower productivity to an area of higher productivity and greater yield.are people who have the ability to see and evaluate business opportunities.

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ThreatFind a way to avoid the riskFind a way to transfer to anther party Find a wat to mitigate the risk reducing Probability or SevernessExploitShare with anther partyEnhance by increasing the effect or the probabilityRISK = .?6OpportunityLeang Channy

Safe is the new Risky.If you dont risk anything, you risk even more.7Leang Channy

Creativity

Leadership

Self-confident

Hardworking

Positive Thinking8Leang Channy

Reasonable takersEntrepreneurs enjoy challengesBut they are careful and calculating9Leang Channy

Entrepreneurs have strong faith in their abilities

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Here are the essential leadership qualities:1. COURAGE2. CONFIDENCE3. CONCENTRATION4. PASSION5. A Strong Sense of VALUESEntrepreneurs are leaders by the very nature of their functions11Leang Channy

Entrepreneurs are creativeThey do things in new and different ways12Leang Channy

Successful people always attribute their success to hardworking13Leang Channy

Entrepreneurs are positive thinkers.

They think of success and bright sides.

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Not a Blood Group, Neither a Grade in classes. But itsBe PositiveLeang Channy

Decision-makingEntrepreneurs make decisionThe success of their business depends on their ability to make right decisions15How???Leang Channy

Decision-making

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Dont read success stories, You will get only messageRead failure stories, You will get some ideas to get success!!!

The End17Leang Channy