ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurs work until a job is done. They are determined to overcome problems and to pursue their goals in order to make their business successful. Entrepreneurs are constantly looking for new ways to solve problems. An entrepreneur is accountable for his/her actions and does what is required.

Detailed explanation-2: -Entrepreneurial persistence is demonstrated by an entrepreneur’s continued positive maintenance of entrepreneurial motivation and constantly-renewed active engagement in a new business venture despite counter forces or enticing alternatives.

Detailed explanation-3: -As an entrepreneur you need to be persistent because it can be difficult to keep things going when you are not seeing instant success. Persistence is also crucial because you are bound to make mistakes. When you give up too early, you cannot learn from your mistakes.

Detailed explanation-4: -Entrepreneurs are willing to work until a job is done, no matter how long it takes. They are tenacious in overcoming obstacles & pursuing their goals. Entrepreneurs continually look for new ways to solve old problems. Entrepreneurs do not “pass the buck.” They take responsibility for their decisions & actions.

Detailed explanation-5: -One survey from New York Enterprise Report found that small business owners work twice as much as regular employees. It also found that 33% of small business owners reported working more than 50 hours per week, and 25% said they work more than 60 hours a week.