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10 Qualities of a Successful EntrepreneurSuccessful businesspeople have many traits in common with one another. They are confident and optimistic. They

are disciplined self starters. They are open to any new ideas which cross their path. Here are ten traits of the

successful entrepreneur.

1. Disciplined -These individuals are focused on making their businesses work, and eliminate any

hindrances or distractions to their goals. They have overarching strategies and outline the tactics toaccomplish them. Successful entrepreneurs are disciplined enough to take steps every day toward the

achievement of their objectives.

2. Confidence -The entrepreneur does not ask questions about whether they can succeed

or whether they are worthy of success. They are confident with the knowledge that they

will make their businesses succeed. They exude that confidence in everything they do.

3. Open Minded-Entrepreneurs realize that every event and situation is a business opportunity. Ideas are

constantly being generated about workflows and efficiency, people skills and potential new businesses. They

have the ability to look at everything around them and focus it toward their goals.

4. Self Starter-Entrepreneurs know that if something needs to be done, they should start it themselves. Theyset the parameters and make sure that projects follow that path. They are proactive, not waiting for someone to

give them permission.

5. Competitive-Many companies are formed because an entrepreneur knows that they can do a job better

than another. They need to win at the sports they play and need to win at the businesses that they create. An

entrepreneur will highlight their own companys track record of success.

6. Creativity-One facet of creativity is being able to make connections between seemingly unrelated events or

situations. Entrepreneurs often come up with solutions which are the synthesis of other items. They will

repurpose products to market them to new industries.

7. Determination-Entrepreneurs are not thwarted by their defeats. They look at defeat as an opportunity for

success. They are determined to make all of their endeavors succeed, so wil l try and try again until it does.

Successful entrepreneurs do not believe that something cannot be done.

8. Strong people skills-The entrepreneur has strong communication skills to sell the product and motivate

employees. Most successful entrepreneurs know how to motivate their employees so the business grows overall.

They are very good at highlighting the benefits of any situation and coaching others to their success.

9. Strong work ethic-The successful entrepreneur will often be the first person to arrive at the office and the

last one to leave. They will come in on their days off to make sure that an outcome meets their expectations.Their mind is constantly on their work, whether they are in or out of the workplace.

10. Passion-Passion is the most important trait of the successful entrepreneur. They genuinely love their

work. They are willing to put in those extra hours to make the business succeed because there is a joy their

business gives which goes beyond the money. The successful entrepreneur will always be reading and

researching ways to make the business better.

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An entrepreneur(i/ntrprnr/) is an owner or manager of a business enterprise who makes money

through risk and initiative.[1][note 1]

The term was originally aloanwordfromFrenchand was first defined by the

Irish-FrencheconomistRichard Cantillon. Entrepreneur inEnglishis a term applied to a person who is willing to

help launch a new venture or enterprise and accept full responsibility for the outcome.

Theentrepreneuris a factor inmicroeconomics

Types of entrepreneurs

1.Social entrepreneur

2.Serial entrepreneur

3.Lifestyle entrepreneur

EntrepreneurshipEntrepreneurship is the act of being anentrepreneur, which can be defined as "one who

undertakesinnovations, finance and business acumen in an effort to transform innovations into economicgoods". This may result in neworganizationsor may be part of revitalizing matureorganizationsin response to

a perceived opportunity. The most obvious form of entrepreneurship is that of starting newbusinesses(referred

asStartup Company); however, in recent years, the term has been extended to include social and political

forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large

organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-

off organizations.

Branches of Psychology1.Abnormal Psychology

-Abnormal psychology is the area that looks at psychopathology and abnormal behavior. The term covers

a broad range of disorders, from depression to obsession-compulsion to sexual deviation and many more.

Counselors, clinical psychologists and psychotherapists often work directly in this field.

2.Behavioral Psychology

-Behavioral psychology, also known as behaviorism, is a theory of learning based upon the idea that all

behaviors are acquired through conditioning. While this branch of psychology dominated the field during the first

part of the twentieth century, it became less prominent during the 1950s. However, behavioral techniques remain a

mainstay in therapy, education and many other areas.

3.Biopsychology

-The branch of psychology focused on the study of how the brain influences behavior is often known as

biopsychology, although it has also been called physiological psychology, behavioral neuroscience and

psychobiology.

4.Cognitive Psychology

-Cognitive psychology is the branch of psychology that focuses on internal states, such as motivation,

problem solving, decision-making, thinking and attention. This area of psychology has continued to grow since it

emerged in the 1960s.

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5. Comparative Psychology -Comparative psychology is the branch of psychology concerned with the study of

animal behavior. The study of animal behavior can lead to a deeper and broader understanding of human

psychology.

6.Cross-Cultural Psychology

-Cross-cultural psychology is a branch of psychology that looks at how cultural factors influence

human behavior. The International Association of Cross-Cultural Psychology (IACCP) was established in 1972, andthis branch of psychology has continued to grow and develop since that time. Today, increasing numbers of

psychologists investigate how behavior differs among various cultures throughout the world.

7.Developmental Psychology

-This branch of psychology looks at development throughout the lifespan, from childhood to

adulthood. The scientific study of human development seeks to understand and explain how and why people change

throughout life. This includes all aspects of human growth, including physical, emotional, intellectual, social,

perceptual and personality development. Topics studied in this field include everything fromprenatal

developmentto Alzheimer's disease.

8.Educational Psychology

-Educational psychology is the branch of psychology concerned with schools, teaching

psychology, educational issues and student concerns. Educational psychologists often study how students learn or

work directly with students, parents, teachers and administrators to improve student outcomes.

9.Experimental Psychology

-Experimental psychology is the branch of psychology that utilizes scientific methods to research the

brain and behavior. Many of these techniques are also used by other areas in psychology to conduct research on

everything from childhood development to social issues.

10.Forensic Psychology

-Forensic psychology is a specialty area that deals with issues related to psychology and the law.

Forensic psychologists perform a wide variety of duties, including providing testimony in court cases, assessing

children in suspected child abuse cases, preparing children to give testimony and evaluating the mental competenceof criminal suspects.

Applied psychology-any of several branches of psychology that seek to apply psychological principles to practical problems of education

or industry or marketing etc.

- is the use ofpsychologicalprinciples and theories to overcome problems in other areas, such asmental

health,business management,education,health,product design,ergonomics, andlaw. Applied psychology includes

the areas ofclinical psychology,industrial and organizational psychology,occupational health psychology,human

factors,forensic psychology,engineering psychology, as well as many other areas such asschool psychology,sports

psychologyandcommunity psychology

Theoretical psychology

Theoretical psychology is concerned with theoretical and philosophical aspects of the discipline ofpsychology. It is

an interdisciplinary field involving psychologists specialising in, amongst others, cognitive, social, developmental,

personality, clinical, perceptual, neurological, biological, evolutionary, historical, economic, political andcritical

psychology.

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