A businessman should prossess the quality of leadership. The success of business depends upon loyalty and cooperation of employees. The cooperation of employees depends on enthusiasm and interest about the work they are doing. Another notable quality of the businessman is business morality, which means nonest dealings. Honesty, straight forwardness fair dealings dependability and moral character are also important qualities for success in business. Today, business has become so complex and competitive that it is full of danger to start a business without knowing its problems. It is through training and education that the businessman can properly understand the problems of his business and find solutions for them.
Modern business is subject to fast changes. It requires a businessman to appreciate time. Hemust always think in terms of time. Businessman must have consistent mind so as to be able to exercise firmness in his dealing with others. A businessman has to deal with many persons everyday and to take important decisions. It is necessary thet the businessman must use proper skill and fact to make best use of the business opportunities.