Discussion

MAN210

October 31, 2017

Class,

There are many ways to define an entrepreneur, as there is some controversy over

the meaning of the word (Duermyer, 2017). You could say it is simply a person who

works for themselves, or independently organizes and operates a business, but most

would say that is goes much deeper than that, or perhaps successful entrepreneurs

go deeper.

An entrepreneur is someone who seeks to profitably solve a problem that the

world has, in exchange for enough monetary compensation to achieve their dreams

(Clark, 2017). It is also stated in numerous articles that a true entrepreneur is not just

being out on your own, but also possessing passion and leader qualities, making it

your labor of love (Duermyer, 2017). I would agree, the person needs to have

passion, be a problem solver, and be innovative to stay ahead in their chosen path

of entrepreneurship.

Solid traits of an entrepreneur include characteristics such as self-motivation,

creativity, and being strong-willed. Self-motivation is a no brainer in my opinion, no

one is going to make you start your own business but you. There will not be anyone

supervising you, or pushing you to complete your business plan, this will come from

within yourself. In this day and age, you need to be creative; an innovator. You need

to stand out from the rest, and exercise integrity, accountability, honesty, and other

good business ethic traits to become a successful entrepreneur. You will likely

encounter a few set-backs while getting your business up and running, and those

are to be expected. This is where the weak are separated from the strong, and it

takes a strong-willed person to be a good entrepreneur (Laidre, 2011).

I think that the best possible way to develop the characteristics of an entrepreneur is

through the research an study of successful entrepreneurs. In other words, do your

homework. There are tons of articles, videos, and other various readings on the web,

as well as government sites that offer advise, what works, and does not work. These

resources are endless and at your finger tips. You could also schedule informational

interviews with some local shops, and speak directly to these entrepreneurs in

person.

References

Duermyer, R. (2017, May 9). What is an Entrepreneur. Retrieved from

www.thebalance.com: https://www.thebalance.com/entrepreneur-what-is-an-

entrepreneur-1794303

Laidre, A. (2011, December 23). Top 5 Characteristics of an Entrepreneur. Retrieved

from www.iplanner.net: http://www.iplanner.net/business-financial/online/how-to-

articles.aspx?article_id=entrepreneur-characteristics