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EDE Experiment 4

The document discusses five key traits that entrepreneurs possess: passion, motivation, optimism, creativity, and risk-taking. It provides examples and quotes to illustrate each trait. Passionate entrepreneurs are dedicated to their vision and don't give up in the face of challenges. Motivated entrepreneurs inspire others and communicate their dreams. Optimistic entrepreneurs look ahead with a goal-oriented mindset. Creative entrepreneurs think outside the box and come up with new ideas. Risk-taking entrepreneurs see challenges as opportunities rather than problems.

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Adwait Malashe
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2K views2 pages

EDE Experiment 4

The document discusses five key traits that entrepreneurs possess: passion, motivation, optimism, creativity, and risk-taking. It provides examples and quotes to illustrate each trait. Passionate entrepreneurs are dedicated to their vision and don't give up in the face of challenges. Motivated entrepreneurs inspire others and communicate their dreams. Optimistic entrepreneurs look ahead with a goal-oriented mindset. Creative entrepreneurs think outside the box and come up with new ideas. Risk-taking entrepreneurs see challenges as opportunities rather than problems.

Uploaded by

Adwait Malashe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ADWAIT.H.

MALASHE
ROLL NO: 22

Experiment No. 4
Topic: - Undertake self assessment test to discover your entrepreneurial traits

Success isn’t defined by how well you did in school or how many degrees you
have. It isn’t based on where you grew up or who your parents are. It comes down
to your personality, your mindset and your outlook on life.

According to a recent study by CPP Inc., the top two personality traits
entrepreneurs possess are perception and intuition. This is because success doesn’t
come to those who are smartest. Success comes to those who see opportunities and
take them.

Here are five traits that entrepreneurs must have:

1. Passion

Entrepreneurs aren’t in it for the money. Building a business takes a lot of time and
effort. It means putting in longer hours and doing extra work. If you don’t love
what you do, you're not going to want to do what it takes to achieve success.

Entrepreneurs aren’t afraid of hard work because they are so focused on their
dream and their vision. They don’t give up when a challenge arises. They stick
with their passion and see it through. As Steve Jobs once said, according to
the Smithsonian Institution, “I'm convinced that about half of what separates the
successful entrepreneurs from the non-successful ones is pure perseverance.”

As Steve Jobs Once Said, 'People With Passion Can Change The World'

2. Motivation

Entrepreneurs are dedicated to their work. They aren’t reliant on a manager or


colleague to push them toward their goals or to get their work done. Their drive
comes from within and allows them to motivate others in turn.

Motivational speaker Simon Sinek writes, “If your actions inspire others to dream
more, learn more, do more and become more, you are a leader.”

Entrepreneurs know how to communicate their dream and inspire others to join
them on their journey to achieving it.
ADWAIT.H.MALASHE
ROLL NO: 22

3. Optimism

When you’re just starting out, it can seem like getting your business off the
ground will never happen. But entrepreneurs don’t think like that. They are
optimistic about the future and are always looking ahead.

Entrepreneurs have a vision they share with others. Their team understands why
they do what they do, what the goal is and what their role is on the path to success.

To be a successful entrepreneur, you must be goal-oriented. But it’s not enough to


just set goals. You must make a plan and do everything you can to reach those
goals. Everything you do must have a purpose.

4. Creativity

Entrepreneurs don’t think the same way as everyone else. They see the world
differently and think outside the box. Businesses are built on big ideas, and those
big ideas need to come from a place of creativity, from a way of thinking that
differs from everyone else’s thinking.

In “Conversations with Maya Angelou,” Jeffrey M. Elliot quoted Maya Angelou as


saying, “You can’t use up creativity. The more you use, the more you have.”

Entrepreneurs are always looking for new ways of doing things and how they can
make them better. They aren’t satisfied with the status quo. By being creative, they
come up with ideas that change the world.

5. Risk-Takers

Risk taking is par for the course when you’re starting a new business. But taking
risks shouldn’t scare you. It’s necessary to achieve your goals, and successful
entrepreneurs understand this.

If you’re afraid to take the leap, you’ll never get anywhere. Staying complacent
will never allow you to achieve greatness. Entrepreneurs don’t let uncertainty and
potential failure stop them from doing what needs to be done. Instead,
entrepreneurs look at challenges and risks as opportunities, not as problems.

As businessman Robert Kiyosaki wrote on Twitter, “Everyone can tell you the
risk. An entrepreneur can see the reward.”

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