Key Entrepreneurial Traits and Their Relationship

While entrepreneurship is one of the most studied topics in business research, findings
have been mixed regarding the traits of entrepreneurs.

Some of the confusion in the literature may be explained by findings such as John
Miner's who identified four personality types capable of achieving entrepreneurial success.
However, almost all writers assumed that entrepreneurs have distinct personality traits.

9 COMMON TYPES OF ENTREPRENEUR PERSONALITY

1. The Improver

If you operate your business predominately in the Improver mode, you focus on using
your company as a means to improve the world.

2. The Adviser

This business personality type will provide an extremely high level of assistance and
advice to customers.

3. The Superstar

Here the business is centered around the charisma and high energy of the Superstar
CEO. This personality often will cause you to build your business around your own personal
brand.

4. The Artist

This business personality is the reserved but highly creative type, and is often found in
businesses demanding creativity such as web design and ad agencies. As an Artist sort, you’ll
tend to build your business around your unique talents and creativities.

5. The Visionary

A business built by a Visionary will often be based on the future vision and thoughts of
the founder. You will have a high degree of curiosity for understanding the world around you
and will set-up plans to avoid the landmines.

6. The Analyst
 If you run a business as an Analyst, your company is focused on fixing problems in a
systematic way. Often the basis for science, engineering or computer firms, Analyst companies
excel at problem solving.

7. The Fireball

A business owned and operated by a Fireball is full of life, energy, and optimism. Your
company is life-energizing and makes customers feel that the company can get it done in a fun,
playful manner.

8. The Hero

You have an incredible will and ability to lead the world and your business through any
challenge. You are the essence of entrepreneurship and can assemble great companies.

9. The Healer

If you are a Healer, you provide nurturing and harmony in your business. You have an
uncanny ability to survive and persist with an inner calm.

5 Characteristics of a successful entrepreneur

 Drive- the most important attribute. Entrepreneur can expect long hours, high stress
and endless problems, as they launch a new business.
 Thinking ability- the characteristic that encompasses creativity, critical thinking,
analytical abilities and originality.
 Aptitude for human relations- characteristic recognizes the importance of the ability to
motivate employees, sell customer. Negotiate with suppliers, and convince leader.
 Communication skills- the ability to make your-self understood.
 Technical ability- speak to the needs of the entrepreneur to know their product and
their market