entreprenuel skills

• Entrepreneurship is a type of self-employment where one runs a business to satisfy people's needs and improve the business to make profits
• Successful entrepreneurs have qualities such as confidence, trying new ideas, patience, hard work, and perseverance
• Functions of entrepreneurs include risk-taking, innovation, proper planning, financing, and leadership
• Wage-employed people work for others and get paid, while self-employed people start businesses to satisfy needs
• Entrepreneurs fulfill customer needs, use local materials, and help society when running their business
• Entrepreneurs affect society by creating jobs, sharing wealth, lowering product prices, aiding economic growth, and solving societal problems
• Negative impacts of entrepreneurship include environmental degradation, trade imbalance, and labor exploitation
• Common entrepreneurship activities include social entrepreneurship, agriculture entrepreneurship, women entrepreneurship, and small-scale entrepreneurship
• Roles of entrepreneurs include innovators, agents, coordinating, and employment generators
• Misconceptions about entrepreneurs include the need for unique business ideas, a lot of money to start a business, the size of the business defining an entrepreneur, and the belief that entrepreneurs are born, not made
• There are two ways to earn a living: self-employment and wage employment
• The career process of an entrepreneur involves starting in the market, competing, and then expanding the business when stable