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Entrepreneurs Assignment Answers

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Entrepreneurs are people, who in place of being an employee in any organization run a business on their own. They are ready to take risks as well as enjoy benefits of a particular venture. They can be regarded as a source of a number of new ideas, services, goods and also be considered to be an innovator. Entrepreneurs have a very important part to play in an economy.

They are the people who have the power of anticipating both current as well as future events. Entrepreneurs who are able to take up risks during the start of their business are finally able to enjoy a lot of profits. Their business is able to grow and they are able to earn a lot of fame in the future. Again, people who fail suffer losses and disappear from the market.

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If you want to know more about the characteristics of entrepreneurs then you can go through the discussion given below:

  • Motivated

The entrepreneur has to be enthusiastic, future oriented and optimistic individuals. They have a strong believe that they will be successful in future and it is grounded on this supposition that they are ready to take any kind of risk in their business to earn a good profit.

The energy level is also quite high and in most cases, they are extremely impatient. They think about their business continuously and are always trying to increase their market share. If you feel that you can stand up against all odds, face all challenges and stay motivated for an extended period of time then you can surely become a good entrepreneur.

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  • Creative as well as persuasive

In order to become a successful entrepreneur, it is important to be creative and have the capability to recognize the opportunities that are available. They have the capability of selling products or services and are very persistent as well as persuasive. If you are ready to promote your business tirelessly then you can definitely become an entrepreneur.

  • Versatility

When you start up a new business, you will be working all alone for a certain period of time. Initially you may not be able to afford a supporting staff. So, you will be the one who has to look up into every aspect of your business. So, versatility is a characteristic that needs to be there in all entrepreneurs.

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