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Entrepreneurship Research Paper

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ASSESSMENT 3, Interview an Entrepreneur

Entrepreneurship

The word entrepreneur was derived to describe the people who “take on risk” or “undertake” a task such as starting a new venture. Entrepreneurship is defined as the process by which individuals pursue opportunities without regard to resources they currently control. The real meaning of entrepreneurship is identifying opportunities and putting useful idea in to practice. Entrepreneurship requires creativity, drive, and willingness to take risks. Entrepreneurship is also known as self employment.

The best entrepreneurs do carve up a collection of characteristics, from persistence to the ability to tolerate risk, that are crucial to a successful venture. The following are the major characteristics that are found in an entrepreneur.

- Motivation to perform

Keeping in mind the end goal to run an effective business, an ambitious person must be eager for triumph – much the same as players and specialists. Indications of great inspiration incorporate attributes, for example,

• Initiative
• Perseverance
• Responsibility
• High self-esteem

Entrepreneurship is a showcase for you. It takes resolution, responsibility and desire to succeed. Numerous entrepreneurs respect money related benefit from the business as evidence of particular victory, not as an objective in itself.
- Innovation

At work, entrepreneurs continually confront circumstances and tests to which they must discover an answer through another working system or method for advancement. Keeping in mind the end goal to succeed, a business visionary must have the capacity to respond creatively and do things in eccentric ways.
You can discover the development needed all hands on deck movement by, for example, designat...

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