Entrepreneurship (01)

An entrepreneur  is the person who bends all the factors of production to do a business while taking its risk.

•   What motivates an entrepreneur? 

1. To earn more
2. To be independent
3. To be his/her own boss.
4. To do what  he/she likes to do.
5. To provide service to the society.
6. To use their skill in a better way.

Characteristics of an entrepreneur  

E - Enthusiastic visiom

N - Novelty / Creativity

T - Total committment

R - Risk taking (calculated risk taking)

E - Energy

P - Passion

R - Resourceful

E - Exerienced

N - Need to achieve

E - Empathy (use others emotions)

U - Undertaking

R - Resilience ( ability to spring back from difficulties)

S - Self confidence

H - Hard working

I - Initiative

P - Persistant