Conclusion

In a nutshell, entrepreneurs are definitely unique compared to managers in many ways possible. An entrepreneur establishes, leads, runs and expands a business individually to satisfy his dreams and self achievements to generate profit and at the same time encourages charitable chores and services to the community and the country. A manager meanwhile, runs a business solely for profit making needs to cushion himself and his family needs. From our assignment, we have learned to identify and describe the different types of entrepreneurial traits that are highly needed and applied to operate the business by the entrepreneurs. Through this assignment as well, we had the chance to pond upon the biography of famous local and international entrepreneurs and match the entrepreneurial traits that are highly suited for them. Taking Jimmy Choo as an example of our successful entrepreneur, we gathered much useful information about his background and his self achivements in terms of his family business and his involvement in the fashion world and design. He definitely portrays a list of entrepreneurial traits that are obvious to his identity and personality as well as his achievements.

An entrepreneur is not born but made, these are one of the truths about entrepreneurs that have been derived from factual and visionary evidence. Basically, an individual needs to learn and sharpen his or her entrepreneurial skills in order to become a successful entrepreneur. Besides, an individual also must have good personal qualities that are demanded to become a successful entrepreneur. The examples of traits are full of determination, not afraid to take risk, high level of confidence, craves learning, understands failure is the part of the game, highly adaptable, good understanding of money management, expert in networking, ability to sell and promote. In fact, there are lot of entrepreneurial traits available that can lead an individual to become a successful entrepreneur. In addition, this kind of entrepreneurial traits are the main value that need to be learned, followed and applied by each individual in order to become a successful entrepreneur.