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Characteristics of Successful Entrepreneurs Economics and Personal Finance Business Department.

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Presentation on theme: "Characteristics of Successful Entrepreneurs Economics and Personal Finance Business Department."— Presentation transcript:

1 Characteristics of Successful Entrepreneurs Economics and Personal Finance Business Department

2 Do you have entrepreneurial traits and qualities to be successful?

3 JOB TRAITS CHECKLIST Directions: Copy the Job Traits Checklist below, place a check mark next to those statements that apply to you. Use your responses to help you determine what kinds of businesses match your aptitudes and interests. List at least three types of businesses you might be interested in starting that match your selected aptitudes. JOB TRAITS CHECKLIST 1. I enjoy working with numbers. 2. I enjoy working outdoors. 3. I enjoy working with my hands. 4. I enjoy selling. 5. I like working with people. 6. I prefer to work alone. 7. I like supervising other people. 8. I like knowing exactly what I am supposed to do.

4 What is an entrepreneur? An individual who undertakes the risk associated with creating, organizing, and owning a business

5 Personal characteristics of successful entrepreneurs Creative Goal-oriented Independent Inquisitive Persistent Responsible Risk taker Self-confident

6 Skills needed by successful entrepreneurs Basic business skills Communication skills Decision-making skills Human relations skills Math skills Problem-solving skills Technical skills

7 Did You Know… Here is a list of the 20 most-profitable industries: 1. Offices of Certified Public Accountants 2. Offices of Chiropractors 3. Freestanding Ambulatory Surgical and Emergency Centers 4. Other Accounting Services not CPA’s 5. Offices of Dentists 6. Tax Preparation Services 7. Offices of Orthodontists 8. Offices of Lawyers 9. Sales Financing 10. Portfolio Management

8 Did You Know… Here is a list of the 20 most-profitable industries continued: 11. Drilling Oil And Gas Wells 12. Offices of Optometrists 13. Lessors of Nonresidential Buildings (except Mini-warehouses) 14. Offices of Real Estate Appraisers 15. Lessors of Mini-warehouses and Self-Storage Units 16. Insurance Agencies and Brokerages 17. Other Activities Related To Credit Intermediation 18. Investment Advice 19. Offices of Physical, Occupational and Speech Therapists, and Audiologists 20. Offices of Physicians (except Mental Health Specialists)

9 Do You Have What It Takes? It’s not just about having a great idea but being able to carry it out and follow through with all of the technical and legal side while the human resources and providing quality customer service.

10 Which personal characteristic reflects that successful entrepreneurs are curious about things that may affect their business and are not afraid to ask questions? A. Creative B. Inquisitive C. Persistent D. Responsible

11 Which personal characteristic reflects that successful entrepreneurs work until the job is done? A. Creative B. Inquisitive C. Persistent D. Self-confident

12 Which personal characteristic reflects that successful entrepreneurs are constantly looking for new ways to solve problems? A. Creative B. Persistent C. Responsible D. Self-confident

13 Which personal characteristic reflects that successful entrepreneurs want to make their own decisions, set their own schedules, and can work without supervision? A. Goal-oriented B. Independent C. Risk-takers D. Self-confident

14 Which personal characteristic reflects that successful entrepreneurs develop a plan of action and make decisions to help achieve that plan? A. Goal-oriented B. Independent C. Risk-takers D. Self-confident


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