Required capabilities of the entrepreneurial team

• Has talent, knowledge and experience within the industry where the opportunity occurs
• Seeks important opportunities with sizable challenges and valuable potential returns.
• Able to select an opportunity in a short period: timely
• Creatively explores a process that results in the concept of a valuable solution for the problem or need.
• Able to convert an opportunity in to a workable and marketable enterprise.
• Whants to succeed: achievement*oriented.
• Able to accomodate uncertainity and ambiguity.
• Flexibly adapts to changing circumstances and competitors.
• Seeks to evaluate and mitigate the risks of the venture.
• Creates a vision of the venture to communicate the opportunity of staff and allies.
• Attracts, trains, and retains talented, educated people capable of multidisciplinary insights.
• Skilled at selling ideas and have a wide network of potential partners.

source: technology ventures from idea to enterprise