Entrepreneur Job Description

October 14, 20110 Comments

Entrepreneur Job Profile and Description

An Entrepreneur is a professional who assumes significant accountability for the risks and the outcomes of the new enterprises, ventures or ideas. The duty is basically to discover opportunities to determine in what way the resources required to produce improved and new goods and services can be mobilized. He or she has to work with the creativity to set an example for others as an effective and successful entrepreneur.

Duties and Responsibilities

There are a wide range of duties and responsibilities which have to be fulfilled in this comprehensive job:

  • He or she has the duty to launch an enterprise so has to arrange the funds for that.
  • He or she has to always utilize the new business opportunities by researching on them.
  • He or she has to identify the requirements for the changes and make improvements in the current market segment.
  • It will be very necessary to operate the entire related business on day to day basis.
  • He or she has to provide satisfactory service to the customers so has to notice the opportunities to meet the customer needs.
  • He or she has to utilize the resources as well by finding out an effective way to develop a product.
  • It is very necessary for any of the employer to firstly understand the customer needs and then translate them into business objects.
  • He or she has to work for the strategy planning as well to implement them for the new product and services.

Skills and Specifications

The skills and specifications required in a person desiring to be an entrepreneur are as follows:

  • The most important requirement in a person that he or she should be open to experimenting different and innovative ideas.
  • The candidate should have observation skills to identify the opportunities of the business.
  • He or she should have extraordinary leadership skills and the ability to motivate people in the project.
  • He or she should have the qualities of working with a very high urge for achievement and should be committed.
  • He or she will be able to work in a stressful atmosphere as well to deal with great amount of stress and frustration.
  • The person should have the ability to gauge the risks involved in a particular venture.
  • He or she needs to be a strong communicator so should have skills both verbally and written.

Education and Qualifications

  • The basic degree required to do the job is a degree in economics, strategy, management, and technology related fields from an accredited institution.

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