An entrepreneur would most likely be a person who works well alone [C]. He is a person who decides to invest his money to open a business, create jobs, and get more benefits from her investments.
EXPLANATION:
An entrepreneur is a person who is self-motivated, flexible, passionate, and able to work alone. He likes to make networking and open new access to other business opportunities. An entrepreneur also believes in the project he does and keeps his perseverance to go on for working in all kind of conditions.
Here are seven characteristics of an entrepreneur:
• Self-motivated
An entrepreneur is someone who can push himself to gain success. He needs to be dedicated to the plan. He needs to keep moving forward on behalf to get his success.
• Understand what he offers
An entrepreneur has to know what is needed and wanted by the market to be able to sell his product or service. It includes the ability to know where he fits in. It also requires an entrepreneur to know himself whether he is as high-end, middle of the road, or bargain.
• Risk-taker
An entrepreneur has to be a risk-taker. It is useless to own a business and make an investment if he doesn’t want to take a risk. Playing safe would get him nowhere.
• Open new networking
Networking plays an important role in entrepreneurship. Being able to open a connection to others and recognize partnership chance can take an entrepreneur a long way as the owner of a business.
• Basic money management knowledge and skills
Having an accountant or team members to manage daily income, an entrepreneur has to understand the basic skill of money management. Understand how money works will make an entrepreneur know where he stands.
• Passionate
An entrepreneur has to be passionate about what he does. They understand their product and know how to market it. Passion is something that will keep an entrepreneur motivated when he is discouraged.
• Flexible
Changes and so does the business. To stay on top of the industry, an entrepreneur has to be flexible in various conditions and ready to adopt.
LEARN MORE:
If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:
1. Which methods of evaluating a capital investment project use cash flows as a measurement basis? brainly.com/question/13034173
2. Managerial accounting is an activity that helps managers determine costs of products and services, plan future activities, and compare actual to planned results brainly.com/question/3815117
KEYWORDS: entrepreneur, characteristic of entrepreneur, business
Subject: History
Class: 10-12
Sub-chapter: Entrepreneurship
