INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -One of the most important traits of a successful entrepreneur is perseverance. Perseverance is the ability to keep going despite difficulties or setbacks. It’s the determination to never give up, no matter what happens. And it’s this persistence that separates successful entrepreneurs from those who give up easily.
Detailed explanation-2: -Being driven to achieve goals is a key characteristic of a successful entrepreneur. Any challenges are overcome with a driven mindset, and it can encourage others around you to succeed. Being more driven is all about focused determination. Know your goals and create a path to accomplishing them.
Detailed explanation-3: -Perseverance in business is when your company keeps pushing forward despite obstacles and challenges. Without a decision to keep going no matter what, a business would crumble when faced with any difficulty. But a core value of perseverance motivates you and your employees towards success.
Detailed explanation-4: -Humility and self-awareness. Customer orientated. Cost efficient. Highly adaptable and future orientated. Risk-taker and not afraid of failure.