ENTREPRENEURSHIP

Detailed explanation-1: -They Identify Problems First. They Stay Calm. They Start General and Work toward Specific. They Adapt. They Delegate and Distribute. They Measure Outcomes and Reflect.

Detailed explanation-2: -Problem-solving is inherent to all entrepreneurs, as you begin problem solving when you first start a business. First, you must identify a problem or a need that customers have in order to create a product or solution for the problem before you take it to the market.

Detailed explanation-3: -Not only is it important in terms of customer acquisition, it helps when you have to solve a problem. Proactive entrepreneurs are always looking for new ways to do things, to communicate with their staff and to improve their product or service, inadvertently reducing the risk of having problems in the future.

Detailed explanation-4: -If you as an entrepreneur are able to solve a problem for society, you have the potential to capitalize on it. This creates options for consumers as well as jobs. Entrepreneurs know that having a good public image is beneficial for business especially in a world where consumers have many choices.