Similarities and differences in business and social enterpreneurs

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Case Assignment Expectations. Please write a paper, answering the following three questions: What are the most significant traits of entrepreneurs?

Traits and characteristics of entrepreneurs blend with the needs and requirements of the business and helps business to grow and achieve success. Much academic research has been conducted to define the characteristics of a successful entrepreneur. Entrepreneur is drawn to the world of business and commerce because of their great desire for independence, innovativeness and their love of a competitive environment.
The important characteristics of an entrepreneur are identified as high energy, confident and creative. Successful entrepreneurs know how to control and discipline their gift. They blend their business knowledge (both formal and from the 'school of hard knocks') with perseverance and an enjoyment to craft their success in spite of the many preceding failures, disappointments and setbacks.

Following are the characteristics which I believe are the most important traits of entrepreneurs...

1. Innovation: Entrepreneurs are naturally curious, inquisitive, and highly flexible in their thinking. Their core competency is Innovation which sets them apart from other self-employed and successful businessmen. They always scan environment for new opportunities and new ways of doing it.
2. Risk taking: Entrepreneurs takes every risk as an opportunity. They are open to take risks and new challenges after carefully evaluating it, based on their ability to accommodate it. They are open to learn from failures of theirs and others.
3. Entrepreneur's thrive on change, have proactive approach, take initiatives and willingly accept personal responsibility for projects.
4. Strong sense of urgency: Entrepreneurs are creative, enthusiastic to develop and implement their ideas. They harness all available resources within their reach to achieve success on their own terms.
5. Self-confidence: Entrepreneurs are full of self-confidence, they are fan of themselves. They believe in themselves and their own way of performing their tasks.
6. Passion and zeal: This is an important character of entrepreneurs; they are full of passion and enthusiasm for creating, planning and implementing their ideas. They put in their whole energy and effort to make their ideas become reality.
7. Futuristic: They are futuristic in their outlook and they seek instant solution to solve problems.
8. Independence and Responsibility: Entrepreneurs are independent and feel responsible for performing their tasks. They don't seek support or help on every step. They believe in themselves, feel responsible to take the ownership of their success or failures. They do things their own way with the ...