Saturday 28 July 2012

My definition of an Entrepreneur

As per my observation a person needs to have at least three basic qualities to qualify being as an entrepreneur:

1)      Vision- An entrepreneur needs to have a clear, well defined and achievable vision for his future course of actions. In addition to that he/she needs to have the hunger and ability to convert the vision into reality.

2)      Ability to take ‘Big Decisions’- To define ‘Big Decision’ in short they are the course of action an individual takes that have the capability of changing the way things happened or are happening in his personal ‘environment’. All of us don’t have this ability or mindset because there is a fair chance the decision might produce result quite opposite to what was desired.

3)      Penchant towards serving the society at large- The initiatives that an entrepreneur takes affects not just him/her but others as well. His activities provide employment to scores as well as the outcomes serve many others. Although the primary purpose might be monetary profits but directly or indirectly he serves society as well.

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