Entrepreneurship involves launching and running a new small business. The people who start these small businesses are called entrepreneurs. Entrepreneurship plays an important role in economic growth. Successful entrepreneurs have traits like self-belief, passion for their work, strong money management skills, and the ability to adapt. Characteristics of entrepreneurs include taking risks, understanding markets, managing money, planning, and networking. The advantages of entrepreneurship include personal satisfaction, flexibility, learning opportunities, and being one's own boss.
2. Entrepreneurship is the process of launching, designing, and
running a new business. which is originally a small business.
The People who build these small businesses are called
entrepreneurs.
Entrepreneurship is an important engine of growth in the
economy.
4. Self-belief, Hard Work and Disciplined
Product and market knowledge
Strong Money Management
Passion and Motivation
Adaptable and Flexible
Effective Planning
Right Connections
5. Love what you do
Take baby steps
Learn from others
Learn how to self-promote
Constantly take action
Make a plan
Build a reputation
It’s never too late to start
Build your "A team"
Be mindful of your attitude
To be a
Successful
Entrepreneur
6. Being Prepared to Take the Exit
Self-doubt, but not too much
Adaptability & Flexibility
Self-belief and Hard Work
Understand the Market
Passion & Motivation
Networking Abilities
Money Management
Risk Taking
Planning
Characteristics
of an
Entrepreneur
7. Personal Satisfaction
Business innocence
Learning is easier
Sharing Resources
Nothing to lose
Family Support
Flexibility
Enthusiasm
Excitement
Stability
Motivation
Freedom
Control
Advantages
of
Entrepreneurship