Identify The Traits

            1)    Networked

Networking is a socioeconomic business activity by which business people and entrepreneurs meet to form business relationships and to recognize, create, or act upon business opportunities, share information and seek potential partners for ventures. Entrepreneurs must have this trait because it will help them to get customers and gain their profits continuously. For example, Jonathon Long who is the Founder and CEO in his company used Twitter as his social network because he said that Twitter feeds constantly pump out breaking news and information across every industry.

             2)    Open risk taker

This trait is really synonymous to every entrepreneur that wants to start their business. An entrepreneur has to put their career, personal finances and even their mental health at stake. There are several risks that entrepreneurs must take, for example they have to sacrifice their personal capital, they have to rely on cash flow and the most important thing is they have to be able to estimate popular interest among their customers. Richard Branson is one of the best-known entrepreneurial risk-takers in the game. The famous founder of Virgin has tackled everything from starting his own phone service with Virgin Mobile, to disrupting the airline industry with Virgin Atlantic and Virgin America. Ever since Sir Richard was a young lad, he has been hustling up plenty of business ideas that involved loving and learning from risk.

3)    Observant

An observant entrepeneur is good at watching and listening, good at noticing what is going on around you and careful to follow religious teachings or customs. As we all know, the Faiza company Sdn. Bhd is a sponsor of TV3 reality program titled ‘Bersamamu’. This company’s owner was born in the state of Egypt and migrated to Malaysia with her late husband, Abu Bakar after having a child. Her name is Faiza Bawumi Sayed Ahmad, and she is the eldest of seven siblings. She started her first business at home, by opening retail stores. And now, she is one of the leading rice wholesalers in Malaysia. Her company is now located in Batu Pahat , Johor. Faiza noticed that the society nowadays gave much importance to having a HALAL product. So, this company had produced a Muslim product that had a HALAL sign. Their sensitivity towards  people surrounding them had made them be more proactive and innovative in producing a new Muslim product. Their strategy was successful when their product had been sold and known by Malaysians, and other countries in the world.

4)    Visionary

Visionary entrepreneurs are known for their strategic abilities and their ability to view things with a long-term perspective. Visionaries are able to identify and capitalize on a demand for a service or product often long before others. For example, we can get it from Dato’ Syed Manshor Syed Mahmod, owner of Adabi Consumer Industries Sdn Bhd. Due to positive feedback from his cutomers, Dato Syed Manshor Syed Mahmod has made an improvement in their packaging and their marketing strategies to produce a variation in his product. This action shows that he has the entrepreneurial traits that can lead him to control his company, and at the same time can increase their profit and stablise their economy system, without having difficulties, especially in producing HALAL product.

5)    Failure is an option

Failure happens. It is the nature of a startup and the nature of entrepreneurship to not always  succeed. Some of the most famous entrepreneurs had to fail before they ultimately succeeded. For example, we can see from Colonel Harland Sanders – Founder of Kentucky Fried Chicken. In 1939, Colonel Sanders converted his then service station to a full-fledged restaurant after his fried chicken with 11 herbs and spices cooked in a pressure cooker became a reason people visited the stop. Following the success, he made deals with several local restaurants to sell his chicken for a royalty. However, failure hit when an interstate bypass took traffic away from his restaurant, which forced him to close in 1956. This failure did not deter the Colonel from further pursuing the franchising of his chicken, so he packed his pressure cooker and went on a road trip stopping at restaurants to cook his chicken for them. His perseverance led to nearly 600 restaurants selling his chicken in 1963. He sold his company to a venture capitalist, however friends of his have said that he cared more about being known for his cooking rather than money. KFC is now the 11th largest fast food company in the world.

6)    Open culture

Open culture is a concept according to which knowledge should be spread freely and its growth should come from developing, altering or enriching already existing works on the basis of sharing and collaboration, without being restricted by rules linked to the legal protection of intellectual property. In a context of globalization, the consequence is that all citizens should have equal access to information. Chris Hirst is one of the open culture entrepreneurs in the world.  He is the chief executive of ad agency Grey London. Chris Hirst has shown how the agency built a culture with an "Open" philosophy by his efforts. As an open culture entrepreneur, Chris Hirst dedicated to create the best possible business culture and environment at Grey London and attracted the very best talent from all backgrounds. Chris Hirst brought with him a new perspective and therefore, opening up new possibilities just because he believed the culture is alive and transformational.

7)    Outcome Oriented

Outcome oriented entrepreneurs are entrepreneurs who has a clear sight of his/her goals. Their goals are usually long-term, therefore they need to be focus and have a really concrete destination of outcome. They don’t waste their time thinking about the problems in hand, rather they find solutions and alternatives that will surely lay waste the problems to get to their targeted results. An example of an outcome oriented entrepreneur is Oprah Winfrey. She is not just an entrepreneur but a talk show host, author, philanthropist, actress and many more. She would fit this trait because she was doing and influencing so much, the outcome of her actions is just superb. The Oprah Winfrey’s show had such a massive positive influence on society that it had broken many social and cultural barriers.

8)    Team Oriented

Entrepreneurs build teams to help them to expand their business. To build a successful business is not a one-man show instead, entrepreneurs have to surround themselves with talented, like-minded people to fill in the gaps. Ideas contributed by team members can be used to form best ideas by combining or modifying it. Team oriented also means that you just don't think of just yourself; you include others in your decisions. Everyone has a right to contributing an idea and deciding in the operation to be one of the contributors to the success of a business. This trait can be related to one of the most successful businessman, Datuk KamaruddinMeranun, co-founded of Tune Group Sdn. Bhd and deputy chief executives of AirAsia. The hard work was done by him to acquire knowledge to prepare himself to fight in entrepreneurship world that is full of twists. A business cannot be operated by only one person. It needs everybody, including managers and workers to make it become successful and well known. If we talked about AirAsia’s success, it is only linked to Datuk Seri Anthony Fernandes, but a big star who stood firmly behind the phenomenal success of Air Asia is Dato' Kamarudin bin Meranun. The team oriented trait that was adapted in their company makes AirAsia nowadays became well-known and one of the top low-cost airlines company in the world. The key to the success of Air Asia is the team oriented spirit between him and Datuk Seri Anthony Fernandes, they complement each other to form Air Asia.

9)    Proactive

Proactive means a positive attitude in terms of individual, institutional and others performing an action once thought rational, far earlier than the occurrence of a thing which requires action. Proactive people are always liable and they do not blame circumstances, conditions for their behavior. Behavior is a product of conscious decisions. Being proactive means responsible for our own behavior, both in the past, the present, and the future. Proactive leaders are able to make decisions wisely and are responsible for the decision they make, without affecting the mood or situation. When faced with a less conducive environment or conditions under which everyone, he doesn’t blame others. As we say see from Datuk Wan Mohammad Sani Salleh of 33 years of age. His position is the Managing Director Sani United Sdn Bhd (Sani Express SdnBhd, Sani Properties Sdn Bhd, and Sani Hotel Sdn Bhd). He prefers being humble and he says what he has today is abundantly given by God Almighty. What he aspires today unexpectedly, he has not even dreamed. He started his business on the basis of interest and wanted to change their life to better levels. When starting a business in the field of transport, he took several challenges that had to be taken and he will need to work hard so much that he even had to sleep in the office. He was with two other partners. But not long after the two partners withdrew, leaving him alone. The situation was indeed grave. He had to be careful because he did not refer to anyone on his decisions. A brand built on high quality and reliability, Sani Express’s distinctive red and white coaches are now familiar from the eastern coast to the northern roads. Profit has always been secondary for this young entrepreneur who primarily focused on the safety and comfort of the passengers.