INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
prestige
|
|
|
making profits
|
|
|
being your won boss
|
|
|
personal satisfaction
|
Detailed explanation-1: -Most entrepreneurs consider being their own boss as the biggest reward of owning a business. The reason is obvious-it gives them the freedom to make their own business decisions. They have the final word on all aspects of the operation.
Detailed explanation-2: -Ultimate Autonomy Being your own boss affords a level of complete autonomy that working for another person doesn’t. You get to decide how you do business – where to source your materials, how you treat your vendors and customers, how you manage your marketing, and every other aspect.
Detailed explanation-3: -Independence. When you own the business, you are the boss. Flexibility. Entrepreneurship gives you the flexibility to decide your own hours. Power and control. Passion and creativity. Financial gains. Diversifying customer bases. Managing cash flow. Maintaining legal compliance. More items •21-Feb-2023