Introduction to Entrepreneurship

What is entrepreneurship?

• The process of designing, launching, and managing a new business.

• Only the creation of new companies.

• A way to avoid risks in business.

• A method to analyze market demand.

What are the key characteristics of successful entrepreneurs?

• Creativity, Resilience, and Risk-taking.

• Only creativity and risk-taking.

• Ability to avoid challenges.

• Dependence on others for success.

What skills are essential for entrepreneurship?

• Decision-making, Negotiation, and Time management.

• Only negotiation skills.

• Technical skills only.

• Ability to work alone.

What types of entrepreneurs focus on creating disruptive products?

• Innovative Entrepreneurs.

• Traditional Entrepreneurs.

• Intrapreneurs.

• Social Entrepreneurs.

What are the characteristics of innovative entrepreneurs?

What distinguishes imitator entrepreneurs from innovators?

What is the main goal of social entrepreneurs?

Who is a classic example of a serial entrepreneur?

What motivates necessity entrepreneurs to start businesses?

What is a business model?