Hobart, Harry, Henry, Herman and Howard all have been in business for a number of years. One Saturday, while their children play soccer, they discuss what traits they have that they think makes them a great entrepreneur.
Hobart says, “I’d run this business even if I didn’t make a dime. I LOVE doing it. I wake up thinking about it and sleep at night dreaming about it.”
Harry speaks next. “I’m forever examining what I’m doing and learning from it. If something doesn’t work, I figure out what I might do better the next time – and do it. I truly think there is nothing I can’t figure out if I keep trying.”
Henry remarks, “That trying again and again might work for some of you, but I really prefer having a road map. I’ve got strategies and contingencies and really try not to leave anything to chance.”
Herman countered: “There needs to be a balance, too. You can’t over analyze and be too cautious, but need to be on the look-out for opportunities when they arise.”
Howard states, “I believe in good solid skills and striving to be as good as or better than the competition in all business areas.”
You have been eavesdropping and realize that they have nailed down key aspects of entrepreneurial behavior. Identify each one’s key aspect.