What are the qualities every successful entrepreneur must have?

To become a successful entrepreneur, it means that the person will overcome as much obstacles as needed to succeed. Alongside the ability to keep growing as a business and as a person, also to be:

• Determined

• Creative

• Persuasion

• Patient

• Knows how to Think out of the box

• Ambition

• Self-Motivated

• Recover fast regardless of how many times he/she fail

• Accept the Uncertainty

An entrepreneur is 'an individual who sees an opportunity to sell an item at a price higher than the average cost of producing it (Colander,)'. He is the one that can visualize the need for a product in the market, assess the demand for it, then convince those that have the capital or factors of production that they would benefit and profit from producing his good/product.  

The entrepreneur is not necessarily one person in particular; yet it can be the spirit of entrepreneurship embedded in all employees that take the initiative to solve and overcome organizational problems to supply a good that would render demand and profitability.  

An entrepreneur is not necessarily interested only in achieving economic reward.  The entrepreneur of this generation is also concerned with achieving social advantage.