entrepreneurship
TRANSCRIPT
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Entrepreneurship
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entrepreneur
• An entrepreneur is one who creates a new business in the face of risk and uncertainty for achieving profit and growth opportunities and assembles the necessary resources to capitalize on those opportunities.
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Psychologists pointed that entrepreneurs posses these traits
• Desire for responsibility
• Preference for moderate risk
• Confidence in their ability to succeed
• Desire for immediate feedback
• High level of energy
• Skill in organization
• Value of achievement over money
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Desire for responsibility
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Preference for moderate risk
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Confidence in their ability to succeed
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Desire for immediate feedback
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High level of energy
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Skill in organization
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Value of achievement over money
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Other characteristics of entrepreneurs include: • High degree of commitment
• Willingness to accept risk, work hard and take action
• Flexibility