Summary: Based on our research into the mindset of today’s entrepreneurial leaders, Ernst & Young has developed a model of what comprises an entrepreneurial leader:
At the nucleus of the model are the opposite, yet complementary characteristics of an opportunistic mindset combined with a unique attitude to risk failure.
The nucleus is combined with the idea of “locus of control” — a belief in control over one’s environment. This is bolstered by the ability to see — and a willingness to take risks, to seize — opportunities.
Surrounding the core of the model are six guides to action that entrepreneurial leaders live every day:
Passion
Persistence
The ability to work with a team yet follow their own instincts
The creation of a “success culture”
An eye for niches and market gaps
A focus on building an ecosystem to support the venture
Finally, the outer ring of the model draws on previous research of the attributes identified as those held by leaders of exceptional enterprises — uncovered as part of Ernst & Young’s Exceptional Enterprise model.
The core of the entrepreneur is ultimately about a way of viewing the world and the ability to act on those views. Entrepreneurial leaders are personally characterized by a strong locus of control, an opportunistic outlook and a willingness to take risks (and potentially fail).
These traits are at the core of the model. The model should be viewed as “and, and” not “either, or” as it is the combination of all four layers that sets entrepreneurial leaders apart from their peers.
The DNA of the entrepreneur model
The DNA of the entrepreneur model
An opportunistic mindset
1) Must be with Dedicated to Hard work2) self stater3) Honesty in your business deals, Delivery Schedules,etc4) Must ahead of your competitor in reaching with customer.5) Customer relationship and good, fast and perfect after sales services.6) Modern telecommunication tools like social media (face Book, Twitter, Whats app etc.)7) Deep knowledge of daily changing market needs,ups and downs8) Ability and ambitious to took controls of all odds and maintain profitability