INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Put on a great show
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Change the world
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Be willing to sell their soul for success
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Find a new or unusual way of doing business
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Detailed explanation-1: -Successful entrepreneurs are driven, ambitious and willing to take risks others won’t. Being an entrepreneur takes dedication, hard work and thick skin, and it often requires being ready for anything: Expect the best, but be prepared for the worst.
Detailed explanation-2: -An entrepreneur always looks for new and better ways of doing things, getting ahead of others and aims to lead in their chosen industry or line of business. An entrepreneur always has the eyes open for new opportunities and most importantly acting on them.
Detailed explanation-3: -Innovative entrepreneurs are people who are constantly coming up with new ideas and inventions. They take these ideas and turn them into business ventures. They often aim to change the way people live for the better. Innovators tend to be very motivated and passionate people.
Detailed explanation-4: -Talk to your customers. Conduct competitor analysis. Look at external factors. Consider other industries. Think about similar companies overseas. 16-Aug-2022