ENTREPRENEURSHIP

Detailed explanation-1: -Instead of seeing opportunities, a successful entrepreneur usually sees problems. Being good at sports is an example of an aptitude. Your vision is a “picture” of what you want the future to be for your life. Someone who creates and operates a business is called an entrepreneur.

Detailed explanation-2: -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-3: -Entrepreneurs discover opportunities when they search for them in existing markets. This means they observe technological, economic or social trends. Recognising opportunities is a cognitive process. It relies on the ability of people to recognise patterns and connect the dots.

Detailed explanation-4: -Prototype testing. The best way to validate that a problem exists is to actually insert yourself into the process and learn by doing. These tests lean toward solution building, but the idea is that you’re doing tests without building anything, or building very little, to get clarity on the problem and the customer.