ENTREP-MIDTERM

allows the entrepreneur to see things in a very positive and optimistic light in the midst of crisis or difficult situations.

is the great desire to attain a vision or fulfill a mission. It is about wanting something so much that a person would be willing to totally devote oneself to the quest. 

is also about emotional intelligence or EQ, which is often manifested in the entrepreneurs’ efforts to nurture relationships with customers, employees, and suppliers.

The entrepreneur also looks after the interests of his or her people by motivating and encouraging them to be the best that they can be.

This creates caring culture within the organization that brings about synergy among the people working toward a common goal.

refers to the ability of the entrepreneur to sense without using five senses. This is also known as intuition.

It also connotes courage or in the local dialect, “lakas ng loob” (strong intestinal fortitude).

conceptualizes and designs a product that consumers fins some use for. It likewise produces product that is pleasing to see, touch, smell, hear, and taste.

is the technology originator. The entrepreneur may not necessarily possess this but this is what drives him or her to convert new knowledge into something highly functional and operational.

harnesses the potentials of new products by creating the market space for them. It also organizes sufficient forces and resources to develop, launch, and commercialize the new product in order to maximize its market value.

- The seed of entrepreneurship is the ability to see things differently. Whether it’s new products or new processes, entrepreneurs are driven by the uncanny knack to see holes in the marketplace and devise innovation to fill them.

- Entrepreneurs tend not to labor under the assumption that data is the sole predictor of an outcome. Especially in the new markets and with new products where data is largely interpretive or extrapolated, entrepreneurs are undaunted by the typical predictors that may put off painter hearts.

- Similarly, a distrust of prediction and analysis creates an atmosphere where uncertainty rules. Indeed, uncertainty is the very essence of entrepreneurship.