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I want an assignment about the topic below in APA Format .
- Characteristics of Successful Business People/Entrepreneurs
- What are the top characteristics of successful business people?
- How can one develop these characteristics?
- What are the top characteristics of successful business people?
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Explanation & Answer
Hi, I have attached the final assignment. Thank you
Running head: ENTREPRENEURSHIP
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Characteristics of a successful entrepreneur
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ENTREPRENEURSHIP
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In current times entrepreneurship is not only applicable in business but in all spheres of
life. Entrepreneurship is a mechanism of solving existing problems by being innovative and
coming up with products and solutions that solve this inefficiencies. Entrepreneurship is a result
of an enterprising individual getting a lucrative opportunity. Good entrepreneurs discovers an
opportunity and then they evaluate and finally they full exploit the opportunity (Jain, 2011).
Entrepreneurship is also the flow of events and the process that follows on how and who
effectively seizes the available opportunities. There is a thin line between an entrepreneur and
entrepreneurship, in fact they complement each other. Entrepreneurs give life to an enterprise
and different entrepreneurs have different competences in respect to the nature of their business.
Great entrepreneurs have a great vision. This means seeing beyond even into the future.
Successful entrepreneurs sees everything even challenges as an opportunity and the plan on how
to seize that opportunity. Entrepreneurs who have achieved a lot of success in business are the
ones that can share their vision to investors and lenders and they will buy it. Great entrepreneurs
see the future even before it unfolds (Jain, 2011). Another great component of successful
entrepreneurs is Tenacity. This is the power or perseverance and been driven by a strong
determination to make it. Great entrepreneurs are not faint hearted they will fall down dust
themselves and continue walking. Great entrepreneurs are flexible. Just like species
entrepreneurs need to be adaptive to new technology and changing times. It is important for
entrepreneurs to keep on improving their products as time changes. Change is important since it
makes your products tre...