Qualities of Successful Entrepreneur

Following qualities of a true entrepreneur

Capacity to assume risk
An entrepreneur assumes risk and therefore he must have self confidence.he is both an investor and finance and should therefore be able to shift investments in search of large profits. He has to tie up capital and wait for good returns.he should be willing to assume are relative as degree of risk because he has to guarantee wages to his employees, interest to his creditors and rent to his landlord. Risk and reward are inseparable. Highest order of ability is required to bear heavy risk and thereby on high gains.a successful entrepreneur should have a keen observation ability and discrimination tact and practice.

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