Characteristics of an entrepreneur
- Risk Taking - Entrepreneurs take calculated risks
- Time and energy - Entrepreneurs have a willingness to do hard work
- Creative Skills - Entrepreneurs have innovative ideas on work practices
- Initiative - Entrepreneurs start with a new idea for a business
- Entrepreneurs have interpersonal communication skills
Motives for an Entrepreneur
- Financial reward - Profit
- Independence - working on their own
- Building a business on their own
- Satisfaction
- The product
- Ethical stance[Applicable for Non Profit Organisations]
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