Sunday, March 27, 2016

Entrepreneurs

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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