INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Hardworking
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Persistence
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Goal Oriented
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Profit Oriented
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Detailed explanation-1: -The success of your business depends on how much time and effort you will spend on it. Self-Confidence: You must have a strong faith in your ability despite the problems that you will encounter along the way.
Detailed explanation-2: -Correct sentence: “ Today, the success of companies depend upon the quality of their products and efficiency of managing staff. “
Detailed explanation-3: -Perseverance. This is possibly the most important of success factors. Every new start-up business that I have ever come across finds it hard at first, and after that it gets even harder. The founders are normally tested to the limits of what they can bear and usually well beyond.
Detailed explanation-4: -Profitability will be an unavoidable metric used to measure your success in business. Bear in mind however that profit is not all that is important. There are many other factors to consider in making your business a true success and ignoring these factors may discourage an entrepreneur on the verge of success.