What do you need to be an entrepreneur?

NEHA SHENOY
ENT101
Published in
3 min readSep 12, 2017

Who is an entrepreneur?

The word entrepreneur comes from the French word “to undertake.” In simple word entrepreneur is a person who is ready to take risk to earn profit.

Entrepreneurs works so that everything would last for long term. One of the factors for an entrepreneur is taking necessary steps to create a business that would managed properly and earn money even if they are no working. For example: A cafe owner can make money even if he is doing an other work.

Some of the worlds best entrepreneurs are Steve job, Larry page, Jeff Bezos and the list is long.

Steve Jobs said following about the entrepreneurs, “You can’t really make a self-respecting “famous entrepreneurs” list without throwing in Steve Jobs. Jobs dropped out of college because his family couldn’t handle the financial burden of his education. He unofficially continued to audit classes, living off free meals from the local Hare Krishna temple and returning Coke bottles for change just to get by. Jobs credited the calligraphy class he stopped in on as his inspiration for the Mac’s revolutionary typefaces and font design.”

Jobs had an unbelievable career, forming the Apple Computer Company with his childhood friend and electronics expert Steve Wozniak. Often referred to as “The Grandfather of the Digital Revolution,” he changed the consumer electronics industry. At the time of his death, his net worth was over $8.3 billion, and this would be felt for many digital generations to come.

Now the question arise that what a person need to become an entrepreneur?

The answer for the same is here:

A person to become an entrepreneur the first and foremost thing he need is the creative idea for starting. Person should have good plan to implement it. To be a successful entrepreneur, he/she should have a well plan about what is the idea and what should be done to implement it.

“To any entrepreneur: if you want to do it, do it now. If you don’t, you’re going to regret it.” — Catherine Cook, co-founder of MyYearbook.

Second, the person should have sufficient money to invest in the idea or a good source from where he/she can get money.

Next thing the person should have is desire to work and passion to work for the idea. if he is not willing to work or don’t have passion towards the work to be done then it would be waste of resource and time of the person.

Qualities in entrepreneur

Certain qualities that an entrepreneur should posses are:

  1. Discipline
  2. Confidence
  3. Open Minded
  4. Self Starter
  5. Competitive
  6. Creativity
  7. Determination
  8. Strong people skill
  9. Strong work ethic
  10. Passion

“Entrepreneurship is living a few years of your life like most people won’t so you can spend the rest of your life like most people can’t.”

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NEHA SHENOY
ENT101
Writer for

Studies at Xavier Institute of Management and Entrepreneurship, Kochi