ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a KEY characteristic for a successful entrepreneur
A
Ability to work hard
B
Technical skills
C
Access to personal money
D
Eye for an opportunity
Explanation: 

Detailed explanation-1: -Passionate. Perhaps the most important characteristic for entrepreneurs, passion is essential to any business owner or working professional’s success. Without passion, there is no reason for your work and no drive to do it.

Detailed explanation-2: -Decision Making. Being able to make decisions quickly is an important characteristic for entrepreneurs because it can be the difference between success and failure.

Detailed explanation-3: -Ambition and self-confidence. Willingness to take a leap of faith. Ability to learn from mistakes. Trust in and respect for the team.

Detailed explanation-4: -Humility and self-awareness. Customer orientated. Cost efficient. Highly adaptable and future orientated. Risk-taker and not afraid of failure.

Detailed explanation-5: -Vision. Visionaries are people who are able to create new trends or maximize existing trends in the marketplace. Optimistic. Responsible. Risk Taker. Able to Prioritize. Motivational and Inspiring. Structured and Consistent. Values Focused. More items

There is 1 question to complete.