Hi my name is Harveen Chugh and I'm a
senior teaching fellow in
entrepreneurship at the Business School it's
not always the case that entrepreneurs
need to be really charismatic and
extroverted so actually when it comes to
entrepreneurs there are five personality
traits that we look at so they are
conscientiousness, openness to experience, neuroticism, agreeableness and
extraversion being one of them so when
research has been carried out comparing
entrepreneurs to managers on those five
dimensions what they found is actually
there's no difference between
entrepreneurs and managers on
extraversion but when it comes to
conscientiousness and openness to
experience that's where entrepreneurs
actually score higher and so if we look
at those two traits in particular then
that really shows that an entrepreneur
would really know their startup in depth
would pay attention to detail would be
willing to learn and taking on feedback
and so those are really great
characteristics to have as an
entrepreneur the most important
personality trait that helps inventors
succeed has actually been shown to be
two things one is conflict strategy and
perseverance there are a few ways that
inventors can help to secure funds for
their ideas or startups if they don't
feel comfortable giving presentations so
one way would be to practice so we all
practice and that's a key part of giving
a presentation the second one could be
depending on the stage that your idea is
that is you could bring in a CEO into
the business and you could take the role
of a CTO or a chief technology officer
the third one might be that actually
it's not necessarily always about
presenting so often in competitions or
before investors have meetings
they would like to see a pitch deck so
really having a strong slide deck that
communicates the business idea is is an
important tool to have
