SKILLS FOR ENTREPRENEURS Types of Skills required in Entrepreneurship

Technical skills Writing Oral communication Monitoring environment Technical business management Technological

Interpersonal Listening Ability to organize Network building Management style Coaching Being a team player

Business management skills Planning and goal setting Decision making Human relations Marketing Finance Accounting

Management Control Negotiation Venture launch Managing growth

Personal entrepreneurial skills Inner control Risk taker Innovative Change oriented Persistent Visionary leader Ability to manage change

A desire to achieve Conquer problems, create successful venture Hard work Their workload is very hard to match Nurturing quality Acceptance of responsibility Morally, legally and mentally accountable Reward orientation Want be rewarded for their efforts

Optimism Anything is possible Orientation to excellence Pride in something first class Organization They are wholly "take charge" people Profit orientation Profit primarily a gauge of performance

Characteristics of Entrepreneurs Commitment, determination, and perseverance Drive to achieve Opportunity orientation Initiative and responsibility Persistent problem solving Seeking feedback Internal locus of control Tolerance for ambiguity Calculated risk taking Tolerance for failure High energy level Creativity and Innovativeness Vision Self-confidence and optimism Independence Team building

Ecc 7: 8 Be known as one who sticks on something until it’s excellently accomplished.