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Narandamuni
that guy
Monday 16 March 2015
Tuesday 18 March 2014
What are the characteristics of an entrepreneur?
Characteristics of an entrepreneur
Risk taking capability: every business has risk of time money etc .so an entrepreneur must have the risk taking capability.
Creativity and innovation: an entrepreneur has an initiator possesses creativity and innovative power.
Need for achievement: the entrepreneur has strong desire to achieve the goal of business. he is always driven by the needs for achievement.
Need for autonomy: an entrepreneur does not like to be under anybody. it is the need for autonomy which drives a person to be an entrepreneur.
Internal locus of control: an entrepreneur believes in him his work.
External locus of control: he also believes in fate for ultimate result.
Self confident: an entrepreneur has confidence in him.
Leadership capability: an entrepreneur must have leadership capability to lead
Industriousness: a successful entrepreneur must have leadership capability to lead workers working under him.
Decision making capability: the entrepreneur has capability to take quick decision
Adaptability: he has the capacity to adapt with any kind of situation that arise in the enterprise
Foresightedness: The entrepreneurs have a good foresight to know about future business environment.
Risk taking capability: every business has risk of time money etc .so an entrepreneur must have the risk taking capability.
Creativity and innovation: an entrepreneur has an initiator possesses creativity and innovative power.
Need for achievement: the entrepreneur has strong desire to achieve the goal of business. he is always driven by the needs for achievement.
Need for autonomy: an entrepreneur does not like to be under anybody. it is the need for autonomy which drives a person to be an entrepreneur.
Internal locus of control: an entrepreneur believes in him his work.
External locus of control: he also believes in fate for ultimate result.
Self confident: an entrepreneur has confidence in him.
Leadership capability: an entrepreneur must have leadership capability to lead
Industriousness: a successful entrepreneur must have leadership capability to lead workers working under him.
Decision making capability: the entrepreneur has capability to take quick decision
Adaptability: he has the capacity to adapt with any kind of situation that arise in the enterprise
Foresightedness: The entrepreneurs have a good foresight to know about future business environment.
What is Entrepreneurship?
This is the capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit.
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