Entrepreneurial Skills

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Mind Map on Entrepreneurial Skills, created by Lizzy Driscoll on 07/03/2016.
Lizzy Driscoll
Mind Map by Lizzy Driscoll, updated more than 1 year ago
Lizzy Driscoll
Created by Lizzy Driscoll about 8 years ago
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Resource summary

Entrepreneurial Skills
  1. Optimism
    1. Being positive throughout the good and bad times is a very important skill for entrepreneurs to have; it will enhance the overall performance of their business idea and success.
    2. Vision
      1. Having a vision of what it is you want from your entrepreneurial plan will give you a better idea of where you want to be and help you to physically create what you see in your head.
      2. Initiative
        1. Having the will to do things yourself without being told to do it is a highly recommended skill for an entrepreneur, it shows that you can make decisions based on your own mind and not have other people telling you their opinion and altering what you think about things (this is just one example of initiative).
        2. Drive & Persistance
          1. Being driven towards your goals is one of the most important aspects of being a successful entrepreneur.
            1. Pushing your ideas and persistent, as an entrepreneur makes you look determined and serious about what it is you want to do which is highly important.
            2. Resilience
              1. Being able to bounce back and remain positive after things don't go quite to plan is very important as an entrepreneur; to not let things knock you down and be able to get back up again.
              2. Risk Tolerance
                1. Having the courage to take risks and be able to deal with the outcome if they go wrong is a good attribute to have a an entrepreneur as you will need to take risks in order to succeed and develop your ideas.
                2. Leadership Skills
                  1. These skills are more interpersonal characteristics that can be adapted and improved.
                  2. Good Communication
                    1. This is a skill that is helpful in all areas of life, not just as an entrepreneur. It will help to put across you idea in a more thorough way and let people know what it is you want. - the result will be much more accurate and smooth running.
                    2. Good Negotiation
                      1. The act of getting the best value for your money is highly important, therefore being good with your words and being able to persuade people with your opinion is a perfect attribute to have for this role.
                      2. Goal Setting
                        1. Setting weekly, monthly or yearly goals is important as an entrepreneur, mainly to monitor your progress and give yourself something to work towards.
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