Entrepreneur

What is the definition of an entrepreneur?

• A person who starts, organizes, and manages a business, taking on greater than normal financial risks to do so, with the goal of making a profit.

• A person who works for a company and receives a salary.

• A person who invents new products or services.

• A person who takes over an existing business.

Which of the following is NOT a characteristic of a successful entrepreneur?

• Passion and drive

• Risk-averse

• Creativity and innovation

• Resilience and perseverance

Which of these skills is NOT essential for an entrepreneur?

• Business planning and management

• Financial management and accounting

• Networking and communication

• Dependence on others

Entrepreneurs do not need to take on financial risks to start a new business.

• True

• False

Which of the following is an example of an entrepreneur?

• A person who works as a manager in a large corporation.

• A person who starts their own small business.

• A person who invents a new technology but works for a company.

• Both b and c