1. DEMONSTRATE UNDERSTANDING OF WHO AN ENTREPRENEUR IS

1.3. 1.3. Identify ways of becoming an entrepreneur as per the principles of entrepreneurship

1.1           Identify ways of becoming an entrepreneur

·       Be a risk taker: Humans are generally risk averse, but part of being an entrepreneur is recognizing the risk that you should take. Successful entrepreneurs know which risk to take and which they shouldn’t.

·       Exercise: That is put the idea into action

·       Learning: Getting new ideas from established entrepreneurs.

·       Networking: Analyzing gaps in the market where you can invest in and working together with entrepreneurs of your area of specialization.

·       Trust yourself: Being determined to achieve your goals.

·       Challenge yourself: Compare yourself with the already established entrepreneurs.


Visualize goals: Determine the needs and requirements of your goals