The skills needed to be a successful entrepreneur

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Mind Map on The skills needed to be a successful entrepreneur, created by rhiannafordx on 07/03/2016.
rhiannafordx
Mind Map by rhiannafordx, updated more than 1 year ago
rhiannafordx
Created by rhiannafordx over 8 years ago
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Resource summary

The skills needed to be a successful entrepreneur
  1. To b able to manage money
    1. Have a good maths knowledge to ensure that they can manage both starting up their business and making a profit from their business. Making sure they set and know their budgets for a successful business.
    2. Productive
      1. Making sure that they put their ideas into action.
      2. Self reflection
        1. Looking at what their positives and negatives and continue to work on both, to keep positive aspects up and work on the negatives to turn them into positives.
        2. Confidence
          1. An entrepreneur needs to be confident because then their team will be able trust that they know they will be successful.
          2. Creative thinking
            1. They will have to think outside the box and be able to think of quirky and in demand ideas.
            2. Manage a team
              1. Be able to be a good team leader and be in control of their team by not being afraid of telling them what to do etc.
              2. Negotiation skills
                1. Knowing budgets and working with clients and suppliers to ensure they are receiving the best price and this will lead them to having a successful business.
                2. Identify personal strengths and weaknesses
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