Description
Within this file concerning characteristics of success. a guide to entrepreneurial competencies.
VENTUREPRISE FALL 2012
Characteristics of success.
A GUIDE TO ENTREPRENEURIAL Competencies
HIGHLIGHTS
! Entrepreneurial Characteristics & Backgrounds
! Traits and Motives of Successful Entrepreneurs
! Entrepreneurial Competencies
! Readings & Resources
Entrepreneurial
Competency
This document has been
prepared by Ventureprise
to inform innovation-based
entrepreneurs of the
characteristics typically
predictive of entrepreneurial
success.
1
People can be drawn to the
prospect of entrepreneurship for many
reasons: from capitalizing on a business
idea and building wealth, to sensing the
appeal of startup culture and aspiring
to be their own boss. While there are
numerous benefits associated with
entrepreneurship, not all
entrepreneurs are capable of
spearheading a successful high-growth
business venture.
While some entrepreneurs may
possess many of the skills necessary to
increase their chances of success,
others may benefit from
complementing their expertise with
2
knowledgeable team members.
To help prospective entrepreneurs
evaluate whether they are well suited
for starting an innovation-based
venture, assess what competencies they
lack and/or possess, and gauge what
type(s) of individual(s) may strengthen
their venture team, this document will
outline the entrepreneurial traits,
motivations, and competencies found
to be associated with success.
This document is intended to
provide valuable descriptive
information regarding typical
entrepreneurial competencies.
However, the information contained
3
here is not exhaustive or all-inclusive.
There are many diverse paths to
entrepreneurial success. The
competences listed below are limited
to the typical set of skills and abilities
generally believed to predict which
entrepreneurs will be most likely to
succeed.
Ultimately, this information is
intended to serve as a resource for
personal decision-making. This
document is a self-evaluation aid that
can be used to increase prospective
entrepreneurs’ awareness of their
strengths and weaknesses with regard
to future business endeavors.
Ventureprise
Table of Contents
!"#$!%$!"!&$'() +,($(+#!$'-#'+- "
!"#$!%$!"!&$'() #$('#+ ,
!"#$!%$!"!&$'() -.#'/!+ 0
+./%!#!"+'!- #
)(1!$+ .2 3.-%!#!"31 4
%!$+."() !22!3#'/!"!++ 3.-%!#!"3'!+ 5
6.$7%)(3! 3.-%!#!"3'!+ 8
'"9&+#$1:6'9! #!3;"'3() 3.-%!#!"3'!+
Within this file concerning characteristics of success. a guide to entrepreneurial competencies.
VENTUREPRISE FALL 2012
Characteristics of success.
A GUIDE TO ENTREPRENEURIAL Competencies
HIGHLIGHTS
! Entrepreneurial Characteristics & Backgrounds
! Traits and Motives of Successful Entrepreneurs
! Entrepreneurial Competencies
! Readings & Resources
Entrepreneurial
Competency
This document has been
prepared by Ventureprise
to inform innovation-based
entrepreneurs of the
characteristics typically
predictive of entrepreneurial
success.
1
People can be drawn to the
prospect of entrepreneurship for many
reasons: from capitalizing on a business
idea and building wealth, to sensing the
appeal of startup culture and aspiring
to be their own boss. While there are
numerous benefits associated with
entrepreneurship, not all
entrepreneurs are capable of
spearheading a successful high-growth
business venture.
While some entrepreneurs may
possess many of the skills necessary to
increase their chances of success,
others may benefit from
complementing their expertise with
2
knowledgeable team members.
To help prospective entrepreneurs
evaluate whether they are well suited
for starting an innovation-based
venture, assess what competencies they
lack and/or possess, and gauge what
type(s) of individual(s) may strengthen
their venture team, this document will
outline the entrepreneurial traits,
motivations, and competencies found
to be associated with success.
This document is intended to
provide valuable descriptive
information regarding typical
entrepreneurial competencies.
However, the information contained
3
here is not exhaustive or all-inclusive.
There are many diverse paths to
entrepreneurial success. The
competences listed below are limited
to the typical set of skills and abilities
generally believed to predict which
entrepreneurs will be most likely to
succeed.
Ultimately, this information is
intended to serve as a resource for
personal decision-making. This
document is a self-evaluation aid that
can be used to increase prospective
entrepreneurs’ awareness of their
strengths and weaknesses with regard
to future business endeavors.
Ventureprise
Table of Contents
!"#$!%$!"!&$'() +,($(+#!$'-#'+- "
!"#$!%$!"!&$'() #$('#+ ,
!"#$!%$!"!&$'() -.#'/!+ 0
+./%!#!"+'!- #
)(1!$+ .2 3.-%!#!"31 4
%!$+."() !22!3#'/!"!++ 3.-%!#!"3'!+ 5
6.$7%)(3! 3.-%!#!"3'!+ 8
'"9&+#$1:6'9! #!3;"'3() 3.-%!#!"3'!+