Characteristics of an Entrepeneur
- Created by: Zahrax
- Created on: 21-12-13 22:22
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- Characteristics of an Entrepeneur
- They have an idea and make it happen.
- Can be an original idea
- Or can be a way to develop an existing product.
- An entrepreneur sets up and runs a business.
- It is common for them to work alone.
- Roughly 3/4 of UK businesses have only one employee (the owner.)
- Does not always need knowledge/ experience.
- Need personal qualities (characteristics.)
- Allow sthe entrepreneur to see the business through to the end.
- An entrepreneur is a person who has an idea and act to implement it.
- Can be motivated by making a profit (more in another mindmap.)
- Profit is a financial reward the owner earns.
- Anyone can be an entrepeneur.
- Only 1/5 of new businesses survive.
- They have an idea and make it happen.
- Persuade customers that the product is worthwhile.
- Made by Zahra good luck in your exams! :)
- As - level Business Studies Edexcel Unit 1 Chapter 1
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