entreprenuership

• an entrepreneur is an individual who has an idea of a business and takes the financial risk of starting it
• characteristics of an entrepreneur: innovative, risk taker, self-confident, decisive, organised, hard working, creative
• innovative: good at thinking of new ideas for goods and services or presenting new ways of presenting existing goods and services
• self-motivated: have the drive to keep going even when things are difficult
• self confident : have strong belief in their own abilities and ideas, and are not easily intimidated
• organised: can plan ahead and manage time effectively
• hardworking: willing to put in long hours to get work done
• multiskilled: have the ability to see an idea through to completion, can do many things well
• strong leadership qualities: charismatic, decisive, confident and assertive.
• initiative: the ability to assess and initiate things independently
• results driven: focused on achieving results and making sure the product is sold for profit
• business plan - a document containing the business objectives and important details about the operation s finance and owners of the new business
• risk-taking: prepared to take calculated risks when necessary