This article will discuss we will discuss the characteristics of successful entrepreneurs. The definition will be based on of Lamar Van Dusen. What do you think? Lamar, do you view someone as an Entrepreneur? If we consider what an "entrepreneur" means according to the terms as stated on the website an entrepreneur is one who is in charge of running a business, and also taking on the potential risks associated with it. If we take that definition of an entrepreneur, we could be said that anyone who decides to start a business could also assume the responsibility for his company as and can also take on possible risks and damages which could come to him. Lamar Van Dusen sees someone as an entrepreneur who is genuine if they possess the following characteristics:

The Most Crucial Attribute is Leadership

The best quality of any person who is an entrepreneur that is what makes him a true leader is his leadership skills. The process of entrepreneurship is like driving an automobile. It would help if you took responsibility for your car. You must be aware of the speed limit. It is essential to know where to brake and where to increase the speed. You must have a concept of where you need to switch gears and where you must stop the vehicle. The other characteristic for a great leader let us not others in the team. True leaders will act as an example and inspire others to follow in his footsteps. He will take every risk to protect his company from upcoming risks and dangers. He has the grit and the ability to bring his visions to reality. The more secure an individual leader is, the more loyal his team members he'll be able to.

Courageous:

The other quality that distinguishes an entrepreneur a true entrepreneur, in the words from Lamar Van Dusen is courage and taking risks. Entrepreneurship is about facing difficulties while taking on risks within every business. When an entrepreneur is willing to risk his business it is possible to have two outcomes or reactions for his actions. One is a success, and the second possibility is a failure. Success is definitely being ranked higher, making profit and being praised by other entrepreneurs. The loss is all about financial losses. Risk-taking and courage are not always about taking the risk to win the prize. It is sometimes reversed. If you're an active risk-taker and have the capacity to take on the losses resulting from of failure, then you are an authentic entrepreneur to Lamar Van Dusen.

The Proper Use For Intelligence And Intellect:

The ability to utilize your mind correctly is a crucial element for a successful entrepreneur as per Lamar Van Dusen. He defines an intelligent person as someone who studies and continues to acquire every new skill developed in the area. He is adamant about mastering his trade. He has the ability to make decisions and the brain to apply the knowledge he has acquired at the right time. He is able to identify the needs and process, and offer solutions for difficult situations. He creates a solid relationship with his customers and earns their confidence by providing such services. Their trust is the real income of an entrepreneur, which at the time, will benefit him financially.

A Deep Passion For Business:

According to Lamar, the only way to succeed in any industry or profession is to lack passion and dedication to that. Being passionate about your work is a true passion. If someone is passionate about running a business, they pay attention to the minor things and display Keen enthusiasm for the company's progress. Being an entrepreneur is all about passion.

Business Ethics:

Mr. Lamar affirms ethics are essential in all spheres of life. This is also true in business. The ethics of business are established by the International business council. Personal and private business ethics are essential to achieve a good and efficient end. Would you prefer to have your business plan executed by someone who is not honest and cheated wherever possible? No, nobody wants an individual with business ethics and ethical conduct.

Contacting customers and earning confidence in them is the primary goal of entrepreneurialism. Everyone wants to be connected to an honest, straightforward, reliable, and trustworthy person. Business ethics that are honest and trustworthy draw people in, and they want to talk to them. A higher percentage of trust will lead to a higher percentage of profits made by the entrepreneurs.