The world of Entrepreneurship today is rapidly evolving and changing, and no doubt, in a matter of years, it is quite unlikely that very little will be the same as it is today. As an education platform in Trinidad and Tobago with a strong expertise in Entrepreneurship, we know what makes great Timely Entrepreneurs great!

Here are some of the best qualities Timely Entrepreneurs possess:

 A Sharp and Curious Mind

As one of the essential characteristics of Entrepreneurship, curiosity is ideal for the fast-evolving world of the Entrepreneur. Entrepreneurs understand that the only constant is change. No one in this Entrepreneurship world should remain constant – growth is inevitable and every day should present itself as a new opportunity to learn something new or do something different. Keeping up with the latest news ensures that you will be in touch with what’s new - the latest trends and patterns, as well as what else is going on the world over, while blogs and other publications can offer a new perspective to certain theories. In addition, there are also a myriad of free online lessons available on a variety of platforms, with blogs and YouTube also providing many learning opportunities.

 

Thinking outside the box

Your regular corporate types are unlikely to survive here. Another of the definitive key characteristics of Entrepreneurship is the ability to solve problems, which often requires non-conventional ways of thinking. You will more so easily recognize this quality in leaders of organizations involved in social Entrepreneurship, as they must find a sustainable model that is able to not only generate revenue, but also impact society positively for the common good of all.

 

Resilience

One of the most ubiquitous characteristics of Entrepreneurship is resilience. After all, these are the people that are used to rejection and failure, and have made themselves seemingly immune to the word “no”!

 

Self-motivation

The life of any Entrepreneur is often a lonely one as they are not only building a business,  but they are doing so in an industry that has not yet fully understood their importance and relevance in terms of their contribution to the nation’s economic growth and development. Similarly, businesses strongly depend on self-motivated employees, both in terms of work and responsibilities, but also for taking the initiative to make things better, not just for themselves, but for everyone at work.

 

Many of the characteristics of The Timely Entrepreneur listed above are closely related to the characteristics of all Entrepreneurs. However, with much observation, it must be noted that while anyone can open a business, not everyone is cut out to be an Entrepreneur. Entrepreneurship is certainly not for the faint hearted!

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Cherise Castle-Blugh is the author of The Timely Entrepreneur Series and the Director of Entrepreneur Services at The Timely Entrepreneur®. She has been working to grow the Trinidad and Tobago Entrepreneurial community, creating resources and events to support entrepreneurs.