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Who is an entrepreneur?
Person who owns, operates, and takes the risk of starting a business venture.
WHY ENTREPRENEURS?
WHY A COUNTRY NEEDS A LARGE AND CONTINUOUS SUPPLY OF ENTREPRENEURS?
Income
ENTREPRENEURS ENTERPRISES
An entrepreneur is an independent being. Numerous opportunities for self development. An entrepreneur makes his own decisions. Entrepreneur generates employments for others. Opportunity to prove ones achievements to world. Opportunity to contribute to society and be recognized for your efforts. Opportunity to earn unlimited profits. profits.
Strong desire to be a winner Stick-toStick-to-it quality Moderate and Calculated risk taking Ability to identify and develop opportunities Analytical ability
Using Feedback Hope for success Independence Systematic Planning Coping with stress Positive self concept
MOTIVATION
Motive means Goal. It means the urge in an individual to achieve a particular Goal. It is the need for achievement that motivates a person. Entrepreneur are highly active, different from others & work hard to reach their Goals.
ENTREPRENEURIAL COMPETENCIES
Competences is a combination of knowledge, skills and appropriate motives that an individual must possess to perform a given task.
ENTREPRENEURIAL COMPETENCIES
Initiative
and Acting on opportunities Persistence Information Seeking Concern for high quality of work Commitment to work Contract Efficiency Orientation
Seeking
Planning Problem solving Self-Confidence Self Assertiveness Persuasion Use of influence Strategies
Systematic
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