EDP Notes

An entrepreneur is a highly achievement oriented, enthusiastic and energetic individual. He
is a business leader. He has the following characteristic:
1) An entrepreneur brings about change in the society. He is a catalyst of change.
2) Entrepreneur is action-oriented, highly motivated individual who takes risk to achieve goals.
3) Entrepreneur accepts responsibilities with enthusiasm and endurance.
4) Entrepreneur is thinker and doer, planner and worker.
5) Entrepreneur can foresee the future, seize market with a salesman’s persuasiveness, manipulate
funds with financial talent and smell error, frauds and deficiencies with an auditor’s precisions.
6) Entrepreneur undertakes venture not for his personal gain alone but for the benefit of
consumers, government and the society as well.
7) Entrepreneur builds new enterprises. He possesses intense level of determination and a desire
to overcome hurdles and solves the problem and completes the job.
8) Entrepreneur finds the resources required to exploit opportunities.
9) Entrepreneur does extraordinary things as a function of vision, hard work, and passion. He
challenges assumptions and breaks rules.
10)Although many people come up with great business ideas, most of them never act on their
ideas.