Important Skills Every Entrepreneur Should Have

Inshan Meahjohn | Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company.

Transcript

1. Some Important Skills Every Entrepreneur Should Have
2. About Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire, and the people who do so are called Entrepreneurs. It has been defined as the capacity and willingness to develop, organize, and manage a business venture.
3. Be able to sell anything As an entrepreneur you are selling a lot. You will have to sell your ideas to customers, investors and potential employees. You sell your skills to these same audiences.
4. . Don’t leave things unDone If you have a problem finishing things, entrepreneurship is not for you. You cannot leave a business almost complete. Halfhearted attempts at starting a business will result in a business failure.
5. Vanilla, chocolate, or twist You must be comfortable with your gut instincts. There is a lot of information out there, and the truth is, you can’t gather every bit of information possible before making decisions. You have to be able to have the judgment to know when to decide that you have sufficient information to make a decision and when you need more.
6. Confidence Confidence is an important skill to have. You should have confidence in your ideas, in yourself and in others. You have to trust others to do their job and to do it well.
7. Time management & planning skills As mentioned earlier, time is a finite resource. If you let time get away from you, you will have a hard time starting a successful business. Your planner should be your best friend.
8. Communication & Persuasion It is a skill to be able to express an idea in a clear and concise manner. You should be able to pick out the most important concepts of your ideas and speak about them with clarity.
9. Courage A person can be fearless and stupid. When you have courage, however, you recognize the risks, but take action regardless. You accept the risk before you start and try to do what is possible to mitigate the risk while moving forward.
10. Learning skills Learning is a skill. As an entrepreneur you need to be a quick learner. You have to be willing to learn new skills constantly. One business owner I know is a great example of this.