The Successful Entrepreneurs Essay

1240 Words Dec 22nd, 2012 5 Pages
BUSINESS MANAGEMENT
( FMG0044 )
ASSIGNMENT 1 : “ THE SUCCESSFUL ENTREPRENEURS ”

Lecturer : Sir Azizi

Name : 1) Ahmad Zul Iqmal B. Zulkifli
(012012051643)
2) Khoo Chee Hong
(012012050692)

CONTENT

1) Introduction

2) Profile / Background of the entrepreneur

3) The success characteristics / traits of the entrepreneur

4) How should I imply his / her success attitude to improve my personal development / my life ?

5) Conclusion

INTRODUCTION

Entrepreneurship isn’t for everyone. But when it’s right, it’s the most satisfying career path a person can pursuit.
We might be thinking what is the suitable path for us to be a successful person in future. Regardless of our definition of success,
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Ideas are constantly being generated about workflows and efficiency, people skills and potential new businesses. They have the ability to look at everything around them and focus it toward their goals.

4. Self Starter
Entrepreneurs know that if something needs to be done, they should start it themselves. They set the parameters and make sure that projects follow that path. They are proactive, not waiting for someone to give them permission.

5. Competitive
Many companies are formed because an entrepreneur knows that they can do a job better than another. They need to win at the sports they play and need to win at the businesses that they create. An entrepreneur will highlight their own company’s track record of success.

6. Creativity
One facet of creativity is being able to make connections between seemingly unrelated events or situations. Entrepreneurs often come up with solutions which are the synthesis of other items. They will repurpose products to market them to new industries.

7. Determination
Entrepreneurs are not thwarted by their defeats. They look at defeat as an opportunity for success. They are determined to make all of their endeavors succeed, so will try and try again until it does. Successful entrepreneurs do not believe that something cannot be done.

8. Strong people skills
The entrepreneur has strong communication skills to sell the product and motivate employees. Most successful entrepreneurs

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