If you are willing to be an entrepreneur here are characteristics that an entrepreneur should have. An entrepreneur should have self-confident, creativity, able to tolerate the risks, aware of one’s limitations and entrepreneurs
An entrepreneur is an individual who rather than working as an employee, runs a small business and assumes all the risk and reward of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes. Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to take good new ideas to market and make the right decisions to make the idea profitable. An entrepreneur supplies risk capital as a risk taker, monitors and controls the business activities.
Introduction to entrepreneurs Entrepreneurship refers to the concept of developing and managing a business venture to gain profit by taking several risks in the corporate world. Simply put, entrepreneurship is the willingness to start a new business. Entrepreneurship has played a vital role in the economic development of the expanding global marketplace. An entrepreneur is willing to work for himself and by himself. There are several different meanings of the term entrepreneurship.
Introduction: In this entrepreneurial project, the definition of an entrepreneur will be discussed as well as the qualities of a good entrepreneur and the advantages and disadvantages of being an entrepreneur. Entrepreneurs in South Africa and their contribution will also be looked at. One famous entrepreneur will be chosen and discussed as well as the business this entrepreneur created and their product. 1) Entrepreneurship: Definition: “Entrepreneurship is the development of a business from the ground up — coming up with an idea and turning it into a profitable business. But while the definition of entrepreneurship may be simple, its execution is much more difficult.” -www.businessnewsdaily.com/2642-entrepreneurship.html (5 January 2015)
So entrepreneurs are identified by a set of behaviors which connect them with organization creation. Also an entrepreneur is principally by innovative behavior and will employ strategic management practices in the business. Theme 3: identifying business
Their skills in house hold managing, budgeting and balancing can be applicable to the business context also. Through these activities, the women naturally qualified to become the entrepreneurs. All they need is to have a formal training and practice. "Limiting women 's economic potential is important for every country. It doesn 't make sense, especially when we are still struggling to grow our way out of the economic disaster."
They must be able to look outside the square and see things others may not see. They must be able to offer solutions to difficult problems as well as being able to brainstorm ideas for their products. They must be able to create a business that will set them apart from others. An achiever Another key quality of a successful entrepreneur is that they are achievers. Getting things done is important.
Personal qualities such as hard work, commitment and perseverance, management skills and marketing skills are helpful for their success. Moreover, supports provided by their spouses or family remains at the heart of the success of the women entrepreneurs. The degree of involvement of women in mainstream economic activities low and the percentage of women in business is still much below that of their male counterparts. This disappointed especially in rural settings. There women lack facilities in term of access to credit, provision of skill training, and access to
There are various entrepreneurial ventures which are coming up so well and are leaving behind already settled organizations. Entrepreneurship has become the symbol of business tenacity and achievement and their sense of opportunity, their drive to innovate and their capacity for accomplishment have become the standard by which free enterprise is measure now. These characteristics of an entrepreneur come from the self-efficacy and self-confidence which they have in themselves. These are becoming the factors of changing the way a business is done and to handle the dynamic nature of the business
They may utilize their knowledge, learning and talent in the field of entrepreneurship. This would eliminate gender barriers which bound women’s aptitude towards businesses. Governments of Pakistan have initiated programs to promote economic empowerment of women. Culture and traditions may become a hurdle for a woman in the way of doing a job or venturing into her own business. The purpose of this research paper is to highlight the importance of women’s participation in different economic sectors and entrepreneurship.