INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Now, entrepreneurs are also business owners, but not every business owner is an entrepreneur.
Detailed explanation-2: -All entrepreneurs are business owners in some area, yet not all business owners are entrepreneurs. Entrepreneurs start little; they have large desires and need to make their organizations bigger.
Detailed explanation-3: -An entrepreneur gets things done and loves to be competitive in the process. A true entrepreneur is not predictable, one that possesses a certain creativity level that allows one self to see and produce “ahead of the curve”. However, without strong people skills, an entrepreneur cannot be successful alone.
Detailed explanation-4: -“It is a myth to think that Entrepreneurs are born, the reality is that entrepreneurs are made by being committed to calculated risk taking and perseverance against all odds. As an entrepreneur it’s likely you’ll make mistakes along the way – success comes from learning from your own mistakes.