Program & Course Information
What Entrepreneurs Do
An entrepreneur is an enterprising individual who builds capital through risk and/ or initiative. Entrepreneurs are willing to help launch a new venture or enterprise and accept full responsibility for the outcome.
An entrepreneur is a person who has decided to take control of his future and become self-employed—whether by creating his own unique business or working as a member of a “team,” as in multi-level marketing. There are several character traits and work ethics that are common to successful entrepreneurs:
Entrepreneurs are careful about money. They always know how much money they have. They know the value and cost of things so they can recognize a real bargain.
Entrepreneurs are competitive by nature. Many were active in sports and other competitions in high school and college. Others were competitive in wanting to make good grades, earn the respect of their parents and teachers and achieve their goals.
Entrepreneurs have a “head for business.” They are always thinking of new ideas and new ways to make money or increase their business. They are not afraid to put these ideas to use.
In general, entrepreneurs are people who have high energy, feel self-confident, set long-term goals, and view money and financial security as a measure of accomplishment and piece of mind.
Entrepreneurs are professionals. Whether working from the kitchen table or a modern, well-appointed home office, they operate just as they would if they were in an expensive office building in a major city. When they are working, they don’t let outside influences distract them.
How to Become an Entrepreneur
As more and more people start or consider starting their own business, it is important that they understand the core steps that are required to launch successful ventures. These steps include spotting, assessing, selecting and executing upon opportunities.