ENTREPRENEURSHIP

Detailed explanation-1: -Self-assurance-The entrepreneur is self-assured, confident in their abilities and knows how to look into the future and plan well. A self-assured person instills further confidence in themselves.

Detailed explanation-2: -A feasibility analysis can help an entrepreneur determine whether business conditions are appropriate to go forward with starting a business. The broadest level of feasibility analysis looks at the industry in which the business will operate.

Detailed explanation-3: -Personality refers to the enduring characteristics and behavior that comprise a person’s unique adjustment to life, including major traits, interests, drives, values, self-concept, abilities, and emotional patterns.

Detailed explanation-4: -One source for creative ideas for new businesses can come from people watching. Starting a new business entails more time and effort than opening a franchise. Corporate venturing is one Entrepreneurial trend you should understand.