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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Desire to be one’s own boss
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Desire for financial rewards
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Desire to create one’s own job security
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Desire to improve one’s quality of life
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Detailed explanation-1: -When starting their own businesses, entrepreneurs are not motivated by what you may think. The main reason most people want to become their own boss is the freedom, satisfaction and flexibility it offers them. Entrepreneurs need to embrace new technology and use it to their benefit to continue growing their startups.
Detailed explanation-2: -Innovative entrepreneurship Innovators tend to be very motivated and passionate people. They look for ways to make their products and services stand out from other things on the market. People like Steve Jobs and Bill Gates are examples of innovative entrepreneurs.
Detailed explanation-3: -Monetary gains, more freedom, more authority, and creative control are the four motivations of an entrepreneur.
Detailed explanation-4: -Set realistic goals. Take failure as a precursor to success. Read motivational stories. Spend time with your loved ones. Be passionate about your work. Do meditation and exercise. Have self confidence. Conclusion. 13-Aug-2018