The Entrepreneur personality

An Entrepreneur (ESTP) is someone with the Extraverted, Observant, Thinking, and Prospecting personality traits. They tend to be energetic and action-oriented, deftly navigating whatever is in front of them. They love uncovering life’s opportunities, whether socializing with others or in more personal pursuits.

Entrepreneurs are the likeliest personality type to make a lifestyle of risky behavior. They live in the moment and dive into the action they are the eye of the storm. People with the Entrepreneur personality type enjoy drama, passion, and pleasure, not for emotional thrills, but because it’s so stimulating to their logical minds. They are forced to make critical decisions based on factual, immediate reality in a process of rapid-fire rational stimulus response.

This makes school and other highly organized environments a challenge for Entrepreneurs. It certainly isn’t because they aren’t smart, and they can do well, but the regimented, lecturing approach of formal education is just so far from the hands-on learning that Entrepreneurs enjoy. It takes a great deal of maturity to see this process as a necessary means to an end, something that creates more exciting opportunities.

Also challenging is that to Entrepreneurs, it makes more sense to use their own moral compass than someone else’s. Rules were made to be broken. This is a sentiment few high school instructors or corporate supervisors are likely to share, and can earn Entrepreneur personalities a certain reputation. But if they minimize the trouble-making, harness their energy, and focus through the boring stuff, Entrepreneurs are a force to be reckoned with.

The Path Less traveled

With perhaps the most perceptive, unfiltered view of any type, Entrepreneurs have a unique skill in noticing small changes. Whether a shift in facial expression, a new clothing style, or a broken habit, people with this personality type pick up on hidden thoughts and motives where most types would be lucky to pick up anything specific at all. Entrepreneurs use these observations immediately, calling out the change and asking questions, often with little regard for sensitivity. Entrepreneurs should remember that not everyone wants their secrets and decisions broadcast.

Seeing opportunities

The first part is seeing opportunities. Everyone sees opportunities. For example, you walk past an empty building, and you fantasize about what you could start there. However, you can also observe an opportunity within an entrepreneurial venture or public organization. For example, a CEO or receptionist envisions another approach that saves the company a lot of money. However, if you don’t take action, it’s nothing more than dreaming and fantasizing.

Seizing opportunities

The second part follows the first part, which is really starting to do something with the opportunity. Or at least investigate whether it makes sense to implement the perceived probability.

Creating value

The third and last part is the creation of value. Even if you exploit the opportunity, meaning the approach that you have devised for the organization where you work actually saves money, the question remains if it is sufficient. Can you make enough money with the business you started in the vacant building? And value is of course, much more than just money.

Value can also mean freedom, to be able to do what you really like and what makes your customers happy. Or social entrepreneurship, where you help solves societies’ problems with a new business. You generate not only value for yourself (income, freedom, proactivity) but also value for others (making customers happy and working towards a better world).

The personality aspects of a true entrepreneur are someone who:

  • Uses his manipulating power.
  • Gives his opinion without being asked.
  • Creates a vision and a novel idea for a competitive advantage.
  • Is (too) critical.
  • Works focused and shows conscientiousness.
  • Likes to organize and manage things; call it execution power (entrepreneur vs manager).
  • Keeps an open mind.
  • Has a different perception and sees problems as an opportunity.
  • Takes criticism personally.
  • Does well around others.
  • Wants to be the leader of a team.
  • Knows how to make others enthusiastic.
  • Is at his best when things run smoothly and orderly.
  • Is a pain in the ass when things don’t run (at all).
  • Thinks constantly about the goals and entrepreneurial strategies.

Characters:

Robust Work Ethic

Successful entrepreneurs know a thing or two about work ethic. Most of the time, they’ll be the first to arrive at the office and the last to leave. If there’s unfinished business, they’ll show up at the office on weekends and holidays and work until the job is complete. These are the people who always have work on their mind, even if they’re enjoying personal time.

Deep Passion

Work ethic and passion go hand in hand. It takes work ethic to keep the business strong, and it takes passion to feel motivated enough to maintain a good worth ethic.

Deep Passion

Work ethic and passion go hand in hand. It takes work ethic to keep the business strong, and it takes passion to feel motivated enough to maintain a good worth ethic.

Motivated Self-Starters

A self-starter doesn’t settle for a draining 9-to-5 job. A self-starter doesn’t give up at the first sign of struggle. A self-starter doesn’t hold things off until it’s too late.

A self-starter is someone who does what needs to be done without being asked or encouraged to do so. They take the initiative on their own projects and lead themselves. They recognize that when things get hard, it’s a challenge that helps them grow as an entrepreneur and make the business stronger.

Eager to Learn

No one knows everything. A new business doesn’t often have staff in every department due to lack of funding. It takes time and resources to build a team. That means entrepreneurs need to learn everything from accounting to marketing from the get-go.

This kind of experience is what makes accomplished entrepreneurs so well rounded. They’ve seen it, been through it and learned it all before.

Easygoing Attitude

Change of plans? Do you need to redo an entire project? A successful entrepreneur will shake off any inconveniencies and start from scratch without getting into a huge rut. In fact, many entrepreneurs will tell you that their businesses turned out much differently from what they had originally envisioned. They’ll also likely tell you that they wouldn’t want their business to have turned out any other way.

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