Risk taking and opportunity tracking is referred as essential prerequisite personal qualities for the entrepreneur. However , the required number of personal qualities from Entrepreneur doesn't end here . The important personal qualities required in the Entrepreneurial process is deal making capacity with strong negotiation skills. Obviously , some ill habits has to be avoided in order to excel these personal qualities . The most relevant on this is controlling the ill-habit of anger which might create a lot of enmity. The second quality is obviously excessive desire which attracts other kinds of vices automatically. Once these negative habits are restrained there is an automatic growth process which follows both in spiritual and material life.