ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“Tenacity is No. 1, “ says Mike Colwell, who runs Plains Angels. “So much of entrepreneurship is dealing with repeated failure. It happens many times each week."What is “tenacity”?
A
Nothing ever goes my way
B
let someone else do it
C
it’s toooooo difficult
D
i know i can
Explanation: 

Detailed explanation-1: -Tenacity-Tenacity is probably the most important attribute in an entrepreneur. It’s the person who never gives up-who never accepts “no” for an answer. The world is filled with doubters who say that things can’t be done and then pronounce after the fact that they “knew it all along.” Look at Google.

Detailed explanation-2: -5) Put In Great Efforts Having lots of money to start up your business is one thing, but making more money based off that original amount will require you to put in more than some lousy pennies. Once you’ve had your idea or product, start to invest your time, talent, and energy into building your business.

Detailed explanation-3: -Collins and Moore (1970) studied 150 entrepreneurs and concluded that they are tough, pragmatic people driven by needs of independence and achievement.

Detailed explanation-4: -Adaptability, persistence and hard work, these are the keys to success in small business, but they are three important attributes no matter what your endeavor.

There is 1 question to complete.