Saturday, April 4, 2009

Factors leading to entrepreneurial success

References: Mohamed Dahlan Ibrahim, Ph.D

•Ability to initiate and operate a purposeful enterprise
•Ability to operate within the context and industrial environment at the time of initiation
•Ability to identify and screen timely opportunities
•Ability to accumulate and manage knowledge and technology

•Ability to mobilize resources – financial, physical, and human
•Ability to assess and mitigate uncertainty and risk associated with the initiation of the enterprise
•Ability to provide an innovative contribution that encompasses novelty and originality
•Ability to encourage a collaborative team of people who have the capabilities and knowledge necessary for success

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