ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Entrepreneurs develop a plan of action and must make decisions to help achieve that plan. Entrepreneurs want to make their own decisions. They set their own schedules and are able to work without supervision. Entrepreneurs believe in themselves.

Detailed explanation-2: -Explanation: An entrepreneur is accountable for his/her actions and does what is required. Entrepreneurs are curious about things that may affect their business. They are not afraid to ask questions or to conduct research in order to solve problems.

Detailed explanation-3: -Systematic Planning: Successful entrepreneurs decide future course of action keeping in mind the goals to be achieved. They believe in developing relevant and realistic plans and ensure proper execution of the same in pursuit of running a successful enterprise. 9.

Detailed explanation-4: -Define goals. Once you’ve defined the type of business you want to start, you can begin creating a list of goals. Set deadlines. Write the steps that you need to take to achieve the goal. Prioritize the steps. Define the obstacles of the goal. Start taking action. 03-May-2021

Detailed explanation-5: -Build Professional Communication Skills. Learn Time Management. Build a Network. Develop an Investment Strategy. Implement a Marketing Strategy. Adopt a Social Initiative. Build a balance between Personal and Professional life.