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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customer
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investor
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owner
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market
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Detailed explanation-1: -Entrepreneurs often do not view failures as the end of an endeavor. Instead, they understand that failure is a required part of reaching success and each failure should be celebrated-something that may feel counterintuitive as most of us want to put our failures behind us and move along.
Detailed explanation-2: -Successful entrepreneurs believe in themselves. They do not believe that the success or failure or their venture will be governed by fate, luck or similar forces. They believe that their accomplishments and setbacks are within their own control and influence and that they can affect the outcome of their actions.
Detailed explanation-3: -“So, the definition of failure as an entrepreneur is failing to make enough money to further your business.” While generating money is an integral part of entrepreneurship, it’s not the be-all and end-all of success for business owners.