Small business blog

BORN OR MADE?
WHAT ARE THE ESSENTIAL
QUALITIES OF AN ENTREPRENEUR?

ARE ENTREPRENEURS BORN OR MADE? HAVE YOUR SAY ON THE DEBATE.
TWEET US AT @HISCOXUK USING #BORNORMADE

LUKE JOHNSON'S
ENTREPRENEURIAL
QUALITIES
  WHAT IS THE
DNA OF AN
ENTREPRENEUR?
A

AMBITION

Successful entrepreneurs have an unflinching desire
and determination
to
hit their targets.

R

RESILIENCE

Despite expressing serious concerns about tax and bureaucracy, the Spanish have been the most active innovators over the past three years, work the longest hours, and are most likely to have grown their order book over the past 12 months.

C

CONFIDENCE

The best entrepreneurs are absolutely assured of their abilities.

The Dutch, Germans and French were the most confident in labelling themselves as entrepreneurs.

E

ENERGY

Successful entrepreneurs
need to be persistent
networkers and relentless
in professional development.

D

DRIVE

Just over half of respondents are planning to launch a new product or service in the coming year.

Innovation is strongest among firms that export.

O

OPTIMISM

Overall optimism levels are at a three-year high, with the US coming out as the most optimistic nation about future business conditions.

H

HUNGER

The best entrepreneurs desire gain more than they fear loss
Luke Johnson, serial entrepreneur and Chairman, Risk Capital Partners
E

EXTROVERSION

Entrepreneurs are networkers
They spot commercial opportunities emerging from new relationships.

N

NUMERACY

One in five businesses increased investment in their business last year and the same proportion plan to do so again in the coming year.

S

SELF DISCIPLINE

Small business owners and managers are a hard-working lot, with respondents saying they put in an average of just over 42 hours a week and nearly one in five works more than 60 hours a week.

DO YOU THINK ENTREPRENEURS ARE BORN OR MADE? LET US KNOW YOUR THOUGHTS BY TWEETING US AT
@HISCOXUK USING #BORNORMADE

 

Further reading

 

RUNNING
A BUSINESS

If you're sure running your own business is the right thing for you, you'll need a fair measure of self-confidence if you are to move things forward...

 

7 KEY TRAITS OF A SUCCESSFUL ENTREPRENEUR

There are few better rewards in life than realising the potential of your idea and launching your dream business...

 

NATURE OR NURTURE: ARE ENTREPRENEURS BORN OR MADE?

A famous entrepreneur once said: "It doesn't matter which business school you go to or...

 

ARE YOU BORN AN ENTREPRENEUR?

Some of the most renowned entrepreneurs, including Richard Branson and Alan Sugar left school as soon as they were able...

read more

 

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