INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
Question
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Goal-oriented
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Risk-taker
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Committed
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Profit-oriented
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Detailed explanation-1: -An entrepreneur is an individual who takes the risk to start their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.
Detailed explanation-2: -Risk-takers are incredibly curious about why things are the way they are. Curiosity for risk-takers is an innate instinct, and curious people have a hard time accepting the way that things are without thinking about the way things can be.
Detailed explanation-3: -Calculated risk-taking is operationally defined as “The ability to deal with incomplete information and act on a risky option, that requires skill, to actualize challenging but realistic goals.” When you talk to people about what it means to be a “risk taker, ‘’ most people will begin describing daredevils and gamblers.