INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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1. Keen understanding of concept
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2.Lot of market knowledge
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3. A rigid mindset
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4. Legal constraints and regulations
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Detailed explanation-1: -Entrepreneurial creativity is the ability to develop new ideas and solutions to problems. It is the ability to see into the future and generate ideas, solutions and innovations before they are needed. It is the ability to solve your customer’s or client’s problems before they even realize the problem exists.
Detailed explanation-2: -Creative business ideas set companies apart from one another. Without creativity and innovation, every company would follow the same patterns in marketing/promotion, technique, or even the goods and services they may be selling. If we talk about creativity, it’s the main weapon if you want your company to stand out.
Detailed explanation-3: -Gather New Ideas and Resources. Move On to Another Activity. Brainstorming. Reverse Brainstorm. Shift Negative Thoughts Into a Positive Mindset. Think of Good Memories. Meditate. Clarify Your Values. More items •30-May-2019
Detailed explanation-4: -Create your own “Three Ifs” Many good innovators take an existing object and ask clever questions to twist the very concept of it and make it new. Practice dreaming. Make time for cohesive creative thinking. Learn to pitch your ideas (in an elevator) Bounce ideas off others.