factors affecting entrepreneurship

• Personality factors affecting entrepreneurship:

  • Initiative: doing things even before being told
  • Proactive: classifying opportunities and seizing them
  • Problem Solver: retaining good relations with other people
  • Perseverance: pursuing tasks regardless of challenges
  • Persuasion: enticing people to buy even if they don't want to
  • A Planner: making plans before taking action and monitoring them
  • Risk-taker: willing to take calculated risks
• Environmental factors affecting entrepreneurship:

  • Political factors
  • Climate factors
  • Legal system factors
  • Economic and social conditions
  • Market situations