In this paper, we have conceptualized the entrepreneurial process as comprising of three stages --the decision to become an entrepreneur, which field to be an entrepreneur in, and the actual creation of an organization. Each stage makes certain demands on an entrepreneur. This paper examines some of these demands. The entrepreneur has to cope with the demands of the entrepreneurial process. For this, he requires certain motives, abilities and attitudes. This paper attempts to drive propositions regarding what motives, abilities and attitudes an entrepreneur may require. It also briefly tries to explain how these qualities may develop in an entrepreneur.