Describe the Characteristics of a Potential Entrepreneur.

a)Initiative and risks taken by;
-Doing things before being asked or forced by events
-Acts to extend business in to new areas products etc
-Sees and acts on opportunities
-Looks for and takes action on opportunities.
-Sees and acts on new business opportunities

b)Persistence and patience through
-Taking repeated action to overcome obstacles
-Taking action to overcome obstacles


J) Uses strategic influence and networking
- To develop business contact
- Uses influential people as agent to accomplish objectives
-Taking action in the face of significant obstacles.

c)Information and property seeking
-Takes action on his own to get information to help reach business objectives
-Does personal research on how to provide a product or service
-Consultation of experts on business and technical advice
-Asks questions to clarify information
-Undertakes market research analysis and investigation.

d)Concern for high quality work by
-Acting to do things that meet or beat existing standards
-A desire to produce and sell top and better quality products or services
-Compares own work favorable to other.

e)Commitment to work contract by
-Placing the highest priority on getting the job completed.
-Accepts full responsibility for problems that may arise in getting the job done
-Expresses concern on customers satisfaction.
f)Efficiency orientation by;
-Finding ways of doing things faster and cost effectively
-Uses information to improve efficiently.
-Express concern on costs improvements change etc.

g)Systematic planning
-by developing and using logical plans to meet goals
-breaking tasks down to sub-tasks
-developing plans which anticipate obstacles
-evaluates alternatives
-takes logical and systematic approach to activities
-identifies new and potential unique ideas to reach goals
-Switches to alternative strategies to reach goals.


h)Self –confidence
-has a strong belief in self and own abilities
-expresses confidence in own ability to complete task or meet challenges
-sticks with own judgment in the face of opposition or early lack of success
-confronts problems and issues directly
-Tells others what they have to do.

h)Persuasion
-convinces people to buy the products or service
-convinces people on providing funds
-Asserts own competence reliability and the company product.

i)Uses strategic influence and networking
-To develop business contact
-Uses influential people as agent to accomplish objectives

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sharon kalunda answered the question on April 16, 2019 at 12:15