SBE 310 Week 1 Discussion 1 – Successful Entrepreneur Characteristics

SBE 310 Week 1 Discussion 1 – Successful Entrepreneur Characteristics What do entrepreneurs do that distinguishes them from any other person involved in business? Why is it that personality cha racteristics may be good predictors of who will be a successful entrepreneur? "Entrepreneurs create new businesses in the face of risk and uncertainty " Scarborough, N. M. (01/2013). That's what sets them apart from other people involved in business. They pave a way for success themselves rather than depend on anyone else to do it for them . Personality characteristics may be good predictors of a successful entrepreneur because most successful entrepreneurs have similar personality traits that sets them apart from others. I do feel like anyone that goes into business for themselves is an entrepreneur, however, that doesn't mean they are a successful one. In order to take the risk and start a business you possess some kind of entrepreneurial spirit, and if faced with failure I believe most will try again in another venture. Scarborough, N. M. (01/2013). Essentials of Entrepreneurship and Small Business Management, 7th Edition. [devry]. Retrieved from