ENTREPRENEURSHIP EDUCATION
Introduction to entrepreneurship
1. DEMONSTRATE UNDERSTANDING OF WHO AN ENTREPRENEUR IS
1.5. 1.4 Characteristics of entrepreneurs are identified as per the principles of Entrepreneurship.
Characteristics of Entrepreneurs
· Self-motivated: when you want to succeed you need to be able to push yourself. You aren’t answerable to anyone else as an entrepreneur and that means that it’s hard to get moving without anyone to make you.
· Risk taker: successful entrepreneurs know that sometimes it’s important to take risks. Playing it safe sometimes never lead to success as a business owner.
· Flexible: Have the ability to be able to change as needed. Staying on top of your industry and be ready to adopt changes in the process and product as they are needed.
· Passion: Successful entrepreneurs are passionate. They feel deeply about their product or service or mission.
· Basic money management skills and knowledge: Understand how money works so that you know where you stand and so that you run your business on sound principles.
· Network: Being able to connect with others and recognize partnership opportunities can take you a long way as a business owner.