Entrepreneur Characteristics – The 5 “C’s” of Success

Mompreneur, dentist, franchisee, CEO, brick and mortar retailer, E-commerce Business Owner, Service Provider? How do you define yourself?

Merriam-Webster dictionary defines an entrepreneur as “one who organizes, manages, and assumes the risks of a business or enterprise.” That’s true, of course, but this definition doesn’t tell the whole story—namely the entrepreneur characteristics that define their success and, more importantly, the intrinsic drive it takes to achieve that success.

There are 5 entrepreneur characteristics that are common among anyone who strives to start and run his or her own business. These characteristics are found in entrepreneurs at any age, in any industry, and at any socioeconomic level.

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What is it with the kids?

CHICAGO Evan Wayne thought he was prepared for anything during a recent interview for a job in radio sales. Then the interviewer hit the 24-year-old Chicagoan with this: “So, we call you guys the “Entitlement Generation,” the baby boomer executive said, expressing an oft-heard view of today’s young work force. “You think you’re entitled to everything.” Such labeling is, perhaps, a rite of passage for every crop of twentysomethings. In their day, baby boomers were rabble-rousing hippies, while Gen Xers were apathetic slackers. Now, deserved or not, this latest generation is being pegged, too as one with shockingly high expectations for salary, job flexibility and duties but little willingness to take on grunt work or remain loyal to a company. “We’re seeing an epidemic of people who are having a hard time making the transition to work, kids who had too much success early in life and who’ve become… Read More