PECs strive you to think over about the role in a community as an entrepreneur as well as to reflect about the economic and social development of yourself to standout. We should always remember that successful entrepreneurs continuously develop and improve their PECs to:
- identify areas that need for improvement and growth;
- align your business to your career of choice, and
- create a plan of action that ensures success and sustainability in your business or career of choice.
Entrepreneurial competencies refer to the important characteristics that must be possessed by an individual or by the business in order to perform entrepreneurial functions effectively beyond the world of competition. It includes the most important characteristics, attributes, lifestyle, skills and traits that a successful entrepreneur or an employee will be likely to be one. PECs assessment will bring you about these few important characteristics / traits / attributes of a good entrepreneur:
- Hardworking
- Confident
- Disciplined
- Committed
- Flexible and Initiator
- Creative
- Goal-oriented
Hardworking
It means working diligently and being consistent about it. Hardworking people keep improving their performance to produce good products and/or provide good services.
Confident
It compliments with self-reliance in one’s ability and judgment. He knows what he is doing and has control over it. The risks are seen and faced by him.
Disciplined
A successful entrepreneur always stick to the plan and fight the temptation to do what is unimportant. He is not taking away by negativity nor personal adversities.
Committed
An entrepreneur gives full commitment and solid dedication to make the business successful. You are responsible and accountable for the failure or success of your business.
Flexible and Initiator
It mean an ability to accept change. He knows very well that nothing is permanent but change and change occurs frequently that should take an initiate. You are planning for changes as well as coping for those unexpected happenings. Capitalize towards positive changes to make your business grow.
Creative
One should be creative and innovative to stay in the business and in order to stand out over the other competitors. It works along the changes. This is what your market wants to try and refer to others. This is what people knows about your reputation.
Goal-oriented
A goal-oriented person knows what he wants, and he will dig into achieving it. An entrepreneur enters the world of business to generate reputation, profit and personal success. The business shall become the bread and butter not only by you but by those under your business. Therefore, you must see to it that the business can provide products and/or services to generate an income.
The above mentioned traits shall scope the lifestyle of an entrepreneur. "Once an entrepreneur, always an entrepreneur" others might say. And it is true because everything in their personal lives, must affect in their career. Their skills will be the additives specially on decision-making and implementation processes.
We could take one step at time to be a successful entrepreneur. See more details on small scale businesses at https://brainly.ph/question/847930.
What is an entrepreneur and what are their other support characteristics? Read on https://brainly.ph/question/1481793; https://brainly.ph/question/2129079.
