10 Qualities of a Successful Entrepreneur

Successful 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 to accomplish 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. They
set 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 will 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.

An entrepreneur (

/ntrprnr/) is an owner or manager of a business enterprise who makes money

[1][note 1]

through risk and initiative. The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome. The entrepreneur is a factor in microeconomics

Types of entrepreneurs 1.Social entrepreneur 2.Serial entrepreneur 3.Lifestyle entrepreneur

Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting newbusinesses (referred as Startup 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 spinoff organizations.

Branches of Psychology
1. 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.

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, and this 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 from prenatal development to 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 competence of 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 of psychological principles and theories to overcome problems in other areas, such as mental health,business management, education, health, product design, ergonomics, and law. Applied psychology includes the areas of clinical psychology, industrial and organizational psychology, occupational health psychology, human factors, forensic psychology, engineering psychology, as well as many other areas such as school psychology, sports psychology and community psychology

Theoretical psychology Theoretical psychology is concerned with theoretical and philosophical aspects of the discipline of psychology. It is an interdisciplinary field involving psychologists specialising in, amongst others, cognitive, social, developmental, personality, clinical, perceptual, neurological, biological, evolutionary, historical, economic, political and critical psychology.