Register now or log in to join your professional community.
There are10 Personal Entrepreneurial Competencies, which form the basis of the entrepreneur skills / specifications. These competencies has been identified by David McClelland, the Harvard psychologist who helped to launch the “entrepreneurial revolution”.
The10 competencies are as follows:
• Opportunity-seeking and initiativeEntrepreneurs seek opportunities and take the initiative to transform them into business situations.
• PersistenceWhen most people tend to abandon an activity, successful entrepreneurs stick with it.
• Fulfilling of commitmentsEntrepreneurs keep their promises, no matter how great the personal sacrifice.
• Demand for quality and efficiencyEntrepreneurs try to do something better, faster or cheaper.
• Calculated risk-takingTaking calculated risks is one of the primary concepts in entrepreneurship.
• Goal-settingThis is the most important competency because none of the rest will function without it. Entrepreneurs set goals and objectives which are meaningful and challenging.
• Information-seekingEntrepreneurs gather information about their clients, suppliers, technology and opportunities.
• Systematic planning and monitoringSystematic behavior means acting in a logical way. Planning is deciding what to do. Monitoring means checking.
• Persuasion and networkingEntrepreneurs influence other people to follow them or do something for them.
• Independence and self-confidenceEntrepreneurs have a quiet self-assurance in their capability or potential to do something.
There is a dedicated program to uncover these skills in you. You can read more about this program on this link EMPRETEC
first he should trust his idea to level that he can take the risk for it, then he should have commitment to finalize his part, adding to these both he have to be:
the most important thing to be an entrepreneur you have is to be a risk taker , hate being an employee , not attached to routin life like salry at the end of the month , and hes has to be extremely self confident
First of all there is no one specific criteria for successful entrepreneurs, however, the majority of successful entrepreneurs have the following traits:
1- Tenacity despite failure : they keep trying and learn from their mistakes
2- Passion for what they do: they love what they do and adore the field they are working in
3- Flexibility: they have a flexible thinking approach and can adapt to changes easiely
4- Focus: they are well focused on what they want to achieve and how to achieve it
5- Well planned and organized
6- Learners: they are eager to learn more
First,the person must be able to manage his time very well
Second full compliance deadlines
Third,good planning for allthings in the work
At least possible to achieve these things makes a person some entrepreneur
Entrepreneurship is a path taken by who are ready to take risk. Thus, the most important skill of entrepreneur is handling the risks associated with his/her choices. In addition, he or she should have ability/skills to formulate a good business model based on his/her idea.
Entrepreneurial-minded people (and the ideas they generate) are extremely valuable to an organization. At our research firm, we recently conducted a multi-variable analysis of a group of serial entrepreneurs and identified five personal skills that clearly make them unique. “Personal skills” — often classified as “soft skills” — develop slowly over time, and we used them to help identify what job-related activities a person has developed. We primarily looked at people who started multiple businesses and experienced both success and failure.
After assessing the subjects on their personal skills and comparing their performance against a control group, we found a certain set of skills were the most predictive of an entrepreneurial mindset. In fact, by examining these five distinct personal skills alone, we were able to predict with over90 percent accuracy people who would become serial entrepreneurs.
1-persuasion
2-leadership
3-personal accountability
4-Goal orientation
5- interpersonal skills
