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business
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virtuous
this means being honest and having strong and consistent values
self-disciplined
this is the capacity of entrepreneurs to manage their emotions properly, regardless of the situation.
professional
this means entrepreneurs must be hardworking and punctual without shortchanging the quality of their products and services
competitive
is crucial in attaining the entrepreneur’s goals and business objectives. This is sometimes used in outsmarting other businesses with similar goals and objectives. in the business world'; this is called survival of the fittest
hardworking
this requires extra efforts, energy, time, and resources by the entrepreneur to accomplish a target task or project without sacrificing the quality of the product or service
self-confident
this means believing in one’s self and his/her capabilities to achieve set goals and objectives
foresighted
entrepreneurs create business and jobs for the future of their children, the country and themselves.
goal-oriented
entrepreneurs who are good in setting realistic targets are likely to succeed in their business ventures.
profit-oriented
entrepreneurs should know how to manage their profit so that their business may continue to prosper and expand for their own benefit and for the welfare of the workers
adaptable
entrepreneurs also experience failures and uncertainties
self-employed
these are entrepreneurs who establish their own business, do all the work, and keep the profit by themselves.
opportunists
opportunistic entrepreneurs look for opportunities and capitalize on them for their personal benefit
acquirers
these entrepreneurs are good in taking over a business enterprise that has been operating for quite some time but about to close due to financial constrains or mismanagement
speculators
these individuals buy a product and resell it for a higher price to gain more profit
franchisees
these entrepreneurs start an enterprise for which a widely known product brand has already been established.
innovating
this deals with the creation and promotion of new products, introduction of new technology and strategies, among others in business field
organizing
this refers to coordination, assembly, and supervision of all the necessary elements of production
entrepreneurs
these are individuals who venture into business or enterprise
undertaking effective planning
this is a process that involves undertaking varied activities that are vital in putting up an enterprise or business
managing
this includes giving proper instructions to personnel, direction on machine operations, and utilization of other resources
making wise decisions
to minimize the risks that may occur during the implementation of the different phases of a business, successful entrepreneurs should make wise devisions