make it your business


en·tre·pre·neur

  Five Start-up Tips for
Small Business


  Drive, dedication and
commitment
  Know your business by
doing your research well
  Know your market
  Create a business plan
  Meet your banker
     

Pronunciation: nn-tr&-p(r)&-'n&r, -'n(y)ur
Function: noun
Etymology: French, from Old French, from entreprendre to undertake
Date: 1852
: one who organizes, manages, and assumes the risks of a business or enterprise

Merriam-Webster Dictionary, 2003

Characteristics of a Successful Entrepreneur

Drive

Entrepreneurs do more than dream, they act. They take risks and can live comfortably with the uncertainties associated with these risks. They exhibit passion for their work and business.

Thinking Ability

Entrepreneurs are curious and have vision through original thinking, analytical thinking, critical thinking and creative thinking. They are never quite satisfied or content, as there is always a better way to do things.

Human Relations Ability

Entrepreneurs are persistent and keep trying until they hit the right combination for their business. Entrepreneurs are aware that human relations ability is comprised of emotional stability, sociability, cautiousness, consideration, cheerfulness, co-operation and tact.

Communications Ability

Entrepreneurs must be persuasive and able to influence bankers to supply money, employees to work harder and better, suppliers to furnish materials at the
lowest cost and customers to buy. This ability requires a combination of verbal and written communication skills.

Taken from Starting a Successful Business in Canada, 1998