Chapter

5.2. Characteristics of Successful Entrepreneurs*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. What motivates people to become entrepreneurs?

   "Other reasons include financial independence and the frustration of working for someone else. Two important motives mentioned in other surveys are a feeling of personal satisfaction with their work,

2. What characteristics do successful entrepreneurs share?

   "Having a great concept is not enough. An entrepreneur must be able to develop and manage the company that implements his or her idea. Being an entrepreneur requires special drive, perseverance, passi

3. How did Apollonia Poilâne preserve her family business and build its future?

   "Ever since Apollonia Poilâne was a young girl growing up in Paris, she always knew what she wanted to do when she grew up: take over the family business. But she didn’t anticipate how quickly this wo

4. What managerial and technical abilities do entrepreneurs need?

   "A person with all the characteristics of an entrepreneur might still lack the necessary business skills to run a successful company. Entrepreneurs need the technical knowledge to carry out their idea