Becoming an Entrepreneur can be such a fun and exciting journey. Everyone dreams about becoming their own boss and working for themselves. But do you have what it takes to be successful? Do you have the right qualities and ideas to make it work?

What Does it Mean to be an Entrepreneur?

Being an entrepreneur is easy. Anyone can come up with an idea, make money from it, and grow their little operation. An entrepreneur is anyone who can see the need for something,  product or service, and make it a reality. Being an entrepreneur is all about the observation of the market. You need to be able to really get into the minds of consumers. Really delve deep and try to see what their needs and wants may be.

These types of skills and observations are definitely things you can learn. For example. Skills Academy has an ICB Entrepreneurship Course that covers everything you need to know. This ICB course takes about 3 years to complete and teaches you all the critical skills you need to be a success as an entrepreneur.  Being able to see something that needs to be done, and then doing it themselves, that is what an Entrepreneur is.

 Matric College makes sure you receive the best experience in distance learning. Whether its business, computer or creative related field, they make sure every person find the course that suits them. They offer exceptional student support. They make studying easy for you, it’s affordable and they care about the future of their students. Study accredited ICB courses in the comfort of your own home and at your pace. 

What are the Qualities of an Entrepreneur?

Being able to observe, to watch people and understand them. Getting inside their minds, as well as being able to communicate with them is crucial to entrepreneurs. You need to be able to think creatively, outside the box. Coming up with new ideas, keeping things fresh and modern can be difficult at times. But this type of creativity and imagination are some of an entrepreneur’s most useful tools.

You also need to have a good sense of business operations and how to spend money and capital. Knowing when to spend vs. when to hold back and think are the key to success. Being a strong leader and being able to take charge is also very important. Leadership skills, especially in business, will get you very far.

You need to have a strong sense of discipline, setting structures and goals in place to keep you on track. This combined with confidence in yourself and your business will definitely spell success.

What Type of Personality Should an Entrepreneur Have?

Patience. Having the patience and determination to see things through, even when they look bad. This “winners personality” is definitely part of being an entrepreneur, along with just a general open-mindedness and being friendly. Everyone needs to be able to communicate with people, but entrepreneurs especially need to be able to “talk”. Being able to just talk to someone, to understand them and what they need, why they need it, is compassion.

This level of compassion is much needed for every entrepreneur since it allows them to see and analyze their target market. Basically, you need to be a “people person”. You need to be able to inspire people with your idea, product, or service. Being direct and to the point, not trying to confuse people but rather to clarify your point.

You need to be cautious since being an entrepreneur also comes with a certain level of risk taking. If you are a more impulsive person, the road of entrepreneur could be fine, but just be careful not to jump unprepared into something new.

So as you can see, anyone can be an Entrepreneur, you don’t need a specific set of “Entrepreneur Qualities”. As long as you have an idea and the drive to make it happen, you CAN be successful!

Written By: Michael Kritzinger

Last Updated: 15 November 2021