INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Risk-Takers
|
|
|
Responsible
|
|
|
Inquisitive
|
|
|
Goal-Oriented
|
Detailed explanation-1: -Entrepreneurs look for challenging opportunities. They are not afraid to take risks. Entrepreneurs want to make their own decisions. They set their own schedules and are able to work without supervision.
Detailed explanation-2: -Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry.
Detailed explanation-3: -There are some clear benefits to taking intentional risks when starting or scaling a business, including: Getting the first-mover advantage. Learning quickly from your wins (and failures) Expanding your experimental mindset.
Detailed explanation-4: -High levels of stress. Struggling to find product market fit and finding customers. Overworking and becoming burned out. Lack of cash flow. Finding the right business model. 15-Dec-2022