Introduction

This assignment we are presenting about the relevant entrepreneurial traits and analyses through application on successful entrepreneurs. 

According to Wikipedia, Entrepreneurship means that the process of starting a business or other organization and the entrepreneur refers to a person who has a business idea, and who is willing to take a risk to implement that idea. Entrepreneur is also taking the role as a leader of the company or organization and assuming full responsibility for its execution, success, or failure. Entrepreneur is a risk taker, but the risk that he takes is calculated. Entrepreneur is a person who will be more creative and innovative than others and they need to be more work hard and responsible person.

Entrepreneur is an important person for a business or in a company. Being a successful entrepreneur in the world is not an easy job. They need to be thinking out of the box. So, a successful entrepreneur, they highly needed to apply entrepreneurial traits, which is Integrity and reliability, initiative, versatility, decisive, time competence, perceptiveness, ability to learn from mistakes, ethical consciousness and last is foresight. These nine entrepreneurial traits are very important and all successful entrepreneurs will apply all this traits. The example for the successful entrepreneurs are Howard Schultz, who is the current CEO for Starbucks; Jack Ma, who is the current CEO for e-commerce company Alibaba and others successful entrepreneurs. They will success because they apply the entrepreneurial traits. These show that important of the entrepreneurial traits for the Entrepreneur to operate their company or businesses.