INTRODUCTION

The concept of entrepreneurship was first established in the 1700, and the meaning has evolved ever since. Many simply equate it with starting one’s own business. Most economists believe it is more than that. People who own, operate, and take the risk of a business venture are called entrepreneurs. They are enganaged in entrepreneurship, the process of running a business of one’s own. Entrepreneurs come from all types of backgrounds and create all kinds of businesses. People of all ages choose to become entrepreneurs. Every entrepreneur has these qualities in different degrees. But what if a person lacks one or more? Many skills can be learned. Or, someone can be hired who has strengths that the entrepreneur lacks. The most important strategy is to be aware of strengths and to build on them. Entrepreneurs are non-conformists. Being non-conformists, they are innately driven to differentiate from the status quo. They don’t listen when someone tells them something cannot be done. Entrepreneurs are motivated by achievement rather than power or money. They set high goals that they can reach through application of their skills. They are more interested in creating something than getting rich (which ironically, sometimes is the result).Entrepreneurs prefer to do new things, or to do familiar things in a different and better way. Entrepreneurs have a preference for innovation. Entrepreneurs have high uncertainty tolerance. They are willing to accept that they cannot predict the future,  but recognize that they can guide it through their actions. Successful entrepreneurs come in various ages, income levels, gender, and race. They differ in education and experience.But research indicates that most successful entrepreneurs share certain personal attributes, including creativity, dedication, determination, flexibility, leadership, passion,self-confidence,and smarts. But in this discussion, we will focus on just a few of traits include networked, open risk taker, observant, visionary, failure is an option, open culture, outcome oriented, team oriented, and proactive.