Core competencies of Entrepreneuship

Cards (8)

  • opportunity-seeking and initiative - entrepreneurs seek opportunities and take the initiative to transform them into a business situation. When they get ideas, they will make sure to innovate and do something great about it.
  • persistence - you should have a lot of patience; it is a part of being an entrepreneur. If you are facing problems, you must go through with it and with the goal in your mind.
  • commitment - being committed with your work means you're valuing it.
  • demand for efficiency and quality - our customers go back to us not because they like the people, but because of the quality of product and services that we provide.
  • taking calculated risk - all business must take risks because it's part of the process. Taking risks should also be thought carefully.
  • Goal setting - being an entrepreneur means you must see the future already. It will serve as a guideline for your journey.
  • Information seeking - you should also be a good researcher; you have to make sure that you have references with the things you're planning to do.
  • systematic planning and monitoring - there are a lot of things that we must deal with especially during the process of managing our own business. You must learn on how to manage your time as well as to prioritize the most important thing than to the least once.