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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Seeking Information
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Taking Moderate Risks
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Opportunity Seeking
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Persistence
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Detailed explanation-1: -Entrepreneurs are innovative opportunity seekers. They have endless curiosity to discover new or different ideas and see whether these ideas will work in the marketplace. Entrepreneurs create value by introducing new products or services or finding better ways of making them.
Detailed explanation-2: -Essential to an entrepreneur’s opportunity-seeking are the entrepreneurial mind frame, heart flame, and gut game.
Detailed explanation-3: -Manage your time. Financial management. Use accounting tools. Choose your marketing strategy. Remember to disconnect.
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