INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Builds on strengths
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Copes with uncertainty
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Sets own standards
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Open to feedback
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Detailed explanation-1: -Entrepreneurs must be able to balance nurture and growth in their businesses. They must also focus on creating a positive reputation and building relationships with clients, while cultivating a personal brand that stands out from the crowd.
Detailed explanation-2: -Work with ideal clients A worthy goal for entrepreneurs is to get to the point where they can work only with their ideal clients. For example, they can choose to work on projects that interest them the most or with companies that have similar values.
Detailed explanation-3: -Social entrepreneurship An entrepreneur who wants to solve social problems with their products and services is in this category of entrepreneurship. Their main goal is to make the world a better place. They don’t work to make big profits or wealth.
Detailed explanation-4: -Reasons might include personal satisfaction, challenge, being your own boss and independence. An entrepreneur may feel a level of personal satisfaction that they have created a successful business.