Being independent and making using of one's talent is exhilarating. At a certain point in life, we all say, “Wish I could start it on my own!” A person who thinks creatively, bears a risk to start a business, and does it with passion is an entrepreneur. Sometimes, people get the desire from a very early age, while others just try it out at some point.
Not all can cut it as successful entrepreneurs. For some, it seems effortless while for others it calls for nurturing certain qualities. Let's see what characteristics are required and how some people can relate to the notion of being an entrepreneur.
Think outside the box
People with this trait strive to think differently from others. They don't follow the crowd. This uniqueness can yield to unique business idea. While others think of following the trend, they create a trend.
Analysing cause and effect
Some people are not easily satisfied with any given result or fact. They like to analyse the whole backdrop of an event. This tendency can help in identifying the reasons for success and failure of business to take action.
Many of us do things and don't get noticed while others do things and people are bound to notice the precision. This quality can help in developing a product or service with more likability. This quality to put in effort for an error-free finish will add value in creating a loyal customer pool.
Some of us don't like to cope with change and whine about it; on the other hand, some are there to lead the change. They take pride in this ability to adapt. In business it creates flexibility that helps in taking rapid decisions in any given situation.
Extroverts are the ones who can mix and mingle with ease. It is an art which is not easy to master. This art helps one understand the psychology of the masses. In business this quality is in big demand. The more a person is at ease at being with others, the more helpful it is in dealings with human resource. At the end of the day it is the human factor that has to be faced and managed both in terms of employees and customers in a business.
Sometimes, we are unaware of our qualities and lead an average life as we don't explore their full extent and fail to utilise them. This can be changed if we take a closer look within ourselves.
The writer is Assistant Professor, Faculty of Business Administration, Eastern University