INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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you get good benefits
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you job is safe
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your work environment is familiar
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you can follow your passion
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Detailed explanation-1: -You have freedom and flexibility You get to choose your own working hours and decide where you work. There’s no manager that you report to every day. You have complete autonomy over your professional life, and it’s up to you to decide how much time, energy and effort to put into growing your business.
Detailed explanation-2: -Some entrepreneurs are passionate for inventing: They focus on identifying new opportunities or creating new products or services. These are the typical scientists or product-oriented entrepreneurs. Some entrepreneurs are passionate for founding: They focus on setting up and nurturing the initial venture.
Detailed explanation-3: -Passion helps you set a solid foundation for your business and establish core values. Passion gives you the motivation and confidence that you need to deliver your mission and purpose for what you do and why you do it. Passion helps you network with the right people who share similar perspectives.
Detailed explanation-4: -Passion is essential for the success of entrepreneurs. Those who convey passion are more persuasive, motivated, have larger social networks, and more social capital. They have more income, sales revenue, and growth in sales and earnings than less passionate entrepreneurs.