Entrepreneurs personality and characteristics.pdf

Entrepreneurial personality and characteristics of successful entrepreneur

1. ENTREPRENEURIAL PERSONALITY
AND
CHARACTERISTICS OF
SUCCESSFUL ENTREPRENEUR

2. WHAT IS PERSONALITY?
Personality refers to the pattern of characteristics
that distinguishes one person from another. It
includes the person’s traits, values, motives,
genetic blueprints, attitude, emotional reactivity,
abilities, self-image, intelligence, and visible
behavior patterns.

3. HOLLAND PROPOSAL INDICATES SIX PERSONALITY
TYPES
01
02
03
04
05
06
REALISTIC TYPE
ARTISTIC TYPE
SOCIAL TYPE
ENTERPRISING TYPE
CONVENTIONAL TYPE
INVESTIGATIVE TYPE

4. Realistic type “Do-er”
This individual prefers activities involving
aggressive behavior and physical exertion requiring
skill, strength, and coordination
Invistigative type
“Thinker”
This individual prefers to be analytical, curious,
methodical and precise
HOLLAND’S SIX TYPES
OF PERSONALITY

5. Artistic type “Creator”
This person is expressive, nonconforming, original,
and introspective
Social type “Helper”
This person enjoys working with and helping with
others and purposefully avoids systematic activities
involving tools and machinery.
HOLLAND’S SIX TYPES
OF PERSONALITY

6. Enterprising type
“Persuader”
This person verbal activities to influence others and
to attain power and status.
Conventional type
“Organizer”
This person enjoys the systematic manipulation of
data, filing of records, or reproducing materials.
HOLLAND’S SIX TYPES
OF PERSONALITY

7. CHARACTERISTICS OF
ENTREPRENEURS
01
02
03
04
05
DRIVE
THINKING ABILITY
HUMAN RELATION ABILITY
ABILITY TO COMMUNICATE
TECHNICAL KNOWLEDGE
REASONABLE RISK TAKER
06
07
08
09
10
SELF-CONFIDENCE
GOAL SETTER
ACCOUNTABLE
INNOVATIVE
Successful entrepreneurs possess certain characteristics that are different from those
having other occupations. Based on research by experts, the following traits are
considered vital to a successful career in entrepreneurship:

8. Drive
Success becomes possible when the entrepreneur is self-
motivated enough to pursue his chosen course without
relenting even in the face of adversity.
ABOUT US
Thinking Ability
The entrepreneur’s job involve solving problems and making decision.
When he finds the correct solutions to problems that confront him and
then makes decisions that are implemented, he comes closer to
realizing his goals.
Human Relation Ability
Three types of persons will determine the survival and growth of business firms:
1.) the customers
2.) the employee
3.) the third party with interest in the firm.

9. Ability to communicate
The ability to understand and be understood makes it easier
for the entrepreneur to transact business with customers,
bankers, and government.
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Technical knowledge
Operating an entrepreneurship requires the performance of major and
minor tasks. It will be easier for him to devise a strategy on how he will
manage his firm to effectively compete with others.
Reasonable Risk-taker
When a person starts a new venture, he has already begun to assume the risk of
business failure.

10. Self-confident
A person cannot achieve much unless he has sufficient
confidence in himself.
ABOUT US
Goal Setter
Goals are very useful motivational tools, especially those related
to accomplishing the objectives of entrepreneurs.
1) It directs one’s attention
2) It encourage one to exert effort toward achieving something specific;
3) It encourage persistence
4)It fosters the creation of strategies and action plans It easy to understand that
persons who are goal setters would make entrepreneurs of high success
potentials.

11. Innovative
This will depend, however, on how well the public is
convinced to patronize them. Innovation can achieve the
following:
1. Penetrate the market
2. Improve employee turnover
3. Reduce manufacturing cost
4. Improve collection rate
ABOUT US
Accountable
Compliance can be expected if the entrepreneur is
accountable enough to take responsibility for whatever
happens to the firm.

12. THANK YOU FOR
LISTENING