You need to be committed to your business idea. You certainly need to have a vision of what the business is and what it can become. Unless you are going to be a sole proprietor you will need to be a leader and find a way of recruiting real talent that can add value to a growing business. You need to be adaptable - if something isn't working, find out why and change it until it does. Realize that in any business it is the customers who help you pay the bills - so take really good care of them from the outset.
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1. management skills like controlling,planning etc 2. speculative 3. ability to take decision
A successful entrepreneur knows how to source goods from a place with high supply and take them to a place with low supply but high demand. He charges a premium to offer those goods. He always seeks to find a competitive edge over other businessmen offering the same products.
Not everyone who owns a business is an entrepreneur.
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An Entrepreneur organizes, manages, and assumes the risks of a business or enterprise.