Just a couple of decades ago, the business landscape was filled with many job seekers and very few entrepreneurs. The rise of successful startups like Facebook, Amazon, and Airbnb has birthed a new generation of entrepreneurs and romanticized the rags to riches story.
But we all know that the journey is far from easy, and there are more failed entrepreneurs and startups than successful ones. So how do you ensure your success as an entrepreneur?
Well, for starters, there are specific skills you need to master. While it's true that certain characteristics come naturally to others, you can learn and develop these qualities through consistent practice.
Entrepreneurship is a beautiful and often lucrative path, especially if you cultivate the right skills. So let's go through some of the characteristics you'll need to survive and thrive in this cutthroat world.
What is an entrepreneur?
The word entrepreneur has been coined repeatedly all over the internet and the media, but what does it mean? And who can be classified as an entrepreneur?
Simply put, an entrepreneur is anyone who creates and manages their own business. Everyday examples of an entrepreneur include:
Inventors: Create products, services, formulas, or machinery that are different from anything currently available. They turn these new ideas into viable businesses. These types of entrepreneurs are incredibly passionate about their vision, and their motivation comes from the uniqueness of their business.
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