Outstanding Chinese entrepreneurs

Qualities a successful entrepreneur must possess

An entrepreneur is a person who comes up with the idea of commencing a business and further arranges funds and plans to do so. An entrepreneur must have the ability to take risks in this dynamic business environment. Decision making is one essential ability which all entrepreneurs must possess. As we all know, an opportunity does not knock twice, and so one must avail the opportunity as soon as it arrives and take the best possible decision then and there. There is a list of qualities which Outstanding Chinese entrepreneurs must possess:-

• Hardworking- Entrepreneurs must be diligent and persistent. Self-discipline and self-control are essential traits of successful entrepreneurs. They must be keen on looking for alternatives if some things don’t work out the way they should. Failures are stepping stones to success, and they must not get disheartened with failures. One must strive hard and work towards the goal to accomplish it.
• Logical- Successful entrepreneurs must be reasonable and, and they must be able to make sound decisions daily. Experience and prior knowledge play a useful role in the judgment of people. They must know when to take which decision for the good of the company.
• Punctuality- Punctuality is a critical quality of a successful entrepreneur. A person who values time will value everything in life. He must be present where required whenever he is needed and must not get late in doing activities which are not useful for the success and growth of the business enterprise. A person must not hasten in life but take steady decisions is the critical element which is taught.
• Self confidence-If a person is confident; he knows that his decisions were for the betterment of the organization and believes in himself. But, if a person is low on self-confidence, he might get frustrated and demoralized at the same time if things do not work in his favor. And if a person does not trust himself, he has this fear of the unknown, and hence he hesitates to explore new platforms. He must be able to take decisions spontaneously without worrying about its result.

Creativity- Outstanding Chinese youth have a different way of dealing with issues in life. But it is about our imagination and creativity that makes us different from the rest. A creative person does not hesitate to try new things and explore new areas and fields. A single original idea can take a business to heights.

• Leadership- A successful leader takes the whole group with himself and sells for everyone’s suggestions and advice before making significant decisions. He keeps himself grounded as has good relations with his subordinates. He must be able to maintain proper authority and responsibility relations as to who is accountable to whom for less number of disputes regarding power at the workplace.
• Responsible- An entrepreneur must be responsible for the kinds of decisions he takes. He is responsible for both the good or the bad. They must understand that their decision has led to failure and must not blame others for the wrong that they have done.
• Communication skill-A successful entrepreneur must be able to take and give good orders. So that there is no ambiguity in actions and everything functions smoothly. Outstanding Chinese is thus taught for proper management and entrepreneurship skills.

China Association of Business Managers in the Chinese State Council SASAC China Business Technician Association, and Hong Kong professionals with the support of the formal establishment.