ENTREP

• An entrepreneur is a person who creates unique ideas that will be useful for a starting business.
• entrepreneurship as the science of converting processed ideas into a remarkable business venture.
• A businessman starts the business with an existing idea or concept
• entrepreneur starts the business from his own unique idea or concept.
• Entrepreneurship is a science of converting processed ideas into a remarkable business venture.
• Competencies are considered as the capability, capacity, and ability of a person to handle situations in various areas in business operations such as in marketing, management, production, and finance.
• Specific Goal Setting

  Entrepreneurs should set goals that are specific, measurable, attainable, realistic, and time-bound because it will increase the chances of achieving that goal.
• Self Efficacy

  Entrepreneurs must believe in their ability. Entrepreneurs with high self-efficacy will turn negative feedback into positive and use this as a basis for improvement.
• Need for Achievement

  Entrepreneurs must have a high desire to accomplish goals. This includes repeated efforts to achieve success.
• Ambition

  Entrepreneurs must have motivation and persistence to pursue their goals.
• Willingness to Learn

  Entrepreneurs should have a strong willingness to acquire new knowledge and skills.
• Adaptibility and Flexibility

  Entrepreneurs must learn how to be adaptable and flexible in every situation. They can manage change well and generate new actions even with undesirable events.
• Willingness to take risks

  Entrepreneurs must be willing to accept the consequences of every decision. They must know how to calculate and identify risk. They are skilled in developing new plans.
• Interpersonal Skills

  Entrepreneurs should have strong skills in working with people. They should have an understanding of the behavior of others.
• Integrity

  An entrepreneur should have a positive sense of values and personal beliefs, particularly when encountering difficult or challenging situations.
• Conceptual Thinking

  An entrepreneur is open to new approaches and analyzes ideas that may enhance work and will lead to significant improvements.
• Risk taking

  An entrepreneur anticipates future conflicts but knows how to solve problems that may arise in business organizations.
• Collaboration

  Entrepreneurs should know how to work with people or groups to attain common goals and to promote teamwork.
• Strategic Thinking

  Entrepreneurs understand and use strategies as a way to accomplish goals in relevance to aims and objectives.
• Commercial Aptitude

  An entrepreneur should be updated with the developments in the locality and with knowledge to identify opportunities that can be attained by the business.
• Decisiveness

  An entrepreneur should know how to make choices and resolve issues quickly.
• Optimism

  An entrepreneur should always think positively even when faced with unexpected problems.
• Customer Relations Service

  An entrepreneur should know how to build trust and long-term relationships with customers.
• People centered

  An entrepreneur should know how to motivate people and see and value the best in others.
• Strategic Thinking

  An entrepreneur finds ways to do things faster or at less costs.
• Commercial Aptitude

  An entrepreneur always checks for updates on the current trends in the market in relation to his or her product.
• Decisiveness

  An entrepreneur switches to an alternative strategy to reach a goal. It generates new ideas and innovative solutions.
• Optimism

  An optimistic entrepreneur lets go of the unfortunate events that took place and just takes the lessons learned from the experience.
• Customer Relations Service

  A good entrepreneur knows what his or her customers need in order to satisfy them and have a long-term relationship with them.
• People centered

  An entrepreneur knows how and when to show empathy. He or she listens actively to everyone.
• Integrity

  An entrepreneur should have a positive sense. He or she knows what is good and right, does what is best for everyone, and does not act without thinking.
• Conceptual Thinking

  An entrepreneur reviews project outcomes in order to understand where problems occurred. Check the impact of the proposed solution on both customers and employees.
• Risk taking

  An entrepreneur relies on his or her gut feel if the venture will be successful or not.
• Collaboration

  An entrepreneur should establish good networking and connections with experts and government