Entrepreneurial Skills

What do you mean by an entrepreneur

• Entrepreneur is a person who takes financial risk and sets up a business with new ideas

• Entrepreneur is a person who has an old idea for buisness

• Entrepreneur is a person who doesn’t know how to do buisness

• Entrepreneur is a person who has very little knowledge about buisness

Which of the following is a reward of entrepreneurship

• Needs constant innovation

• Risk bearing

• No fixed working hours

• Making your own rule

BUSINESSES THAT HAVE THE SOLE MOTIVE OF SOCIAL WELFARE ARE CALLED -

• (I) ECONOMIC

• (II) TRADE BASED

• (III) REGULAR TRANSACTIONS

• (IV) ALL OF THESE

An entrepreneur is someone 

• Someone who works for a new business
• Someone who starts a new business
• Someone who takes over an existing business
• Someone who does not want to work

An entrepreneur must know...

• Only the parts of the business they like
• No parts of the business management
• all parts of business:  finance, marketing, etc.

Name one of the reasons people become entrepreneurs.

• Feeling insecure
• They like to be the ONLY one doing everything
• They are doing what they enjoy

An entrepreneur must be...

• disorganized
• organized
• lazy

Entrepreneurs are constantly looking for new ways to solve problems. So they are .........

• Persistent
• Creative
• Self Confident
• Independent

Entrepreneurs work until the job is done. So they are ......... in nature.

• Persistent
• Inquisitive
• Self Confident
• Creative

Entrepreneurs look for challenging opportunities and are not afraid of the possibility of failure.

• Risk Taker
• Goal Oriented
• Creative
• Responsible