ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurship plays an important role in enabling people to have a sustainable livelihood.

Detailed explanation-2: -It is considered that the concept of subsistence is the one that comprises of the capabilities, assets, resources and access as the activities required for a means of living. We call a livelihood, a sustainable one when it can cope with and heal from stresses and shocks, preserve or enhance its capabilities and assets.

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: -Essentially, entrepreneurship is the process of developing, organizing, and running a new business to generate profit while taking on financial risk.