Entrepreneur Assignment
2. Report of the Question(a) a) Students are required to describe the entrepreneurial skills and personal qualities that highly needed to run the business successfully by the entrepreneurs. Based on the list provided below, explain each of the elements with relevant examples (If needed) in the business perspective. Opportunistic
Entrepreneurs who are opportunity-orientated will first and foremost focus on growth opportunity than the business and its resources. Entrepreneurs in the 21st century not only must be able to see and grab opportunity whenever there is but also must be able and sensitive in analyzing, formulate and taking action towards any opportunities. Entrepreneurs who grab any chances that they see and make the best out of it are the pre-condition to success. In order to be an entrepreneur who can predict and analyze opportunities, they will not give up on any chances that will bring profit to their organization. Entrepreneurs that have this characteristic or attitude is also known to be an unique person because they can foresee future better than others and aiming towards the opportunities that is going to come.
To be a successful entrepreneur shall open eyes to opportunities. Be opportunity-oriented. Successful entrepreneurs are consistently looking for new opportunities. When you 're stuck in a job, you are forced to fear loss - that is, getting demoted or let go. When you are an entrepreneur, the fear of missed opportunities is more than the fear of loss. Whether you 're looking for discoveries that will allow you to create another source of income, or ones that will allow you to enhance your existing business, keeping a vigilant eye on new opportunities is important to your success as an entrepreneur.
Opportunity-oriented entrepreneurs respond to the crisis of change in a totally different way. While seeing the dangers, they view change as a potential advantage to be explored rather than to avoid it. Each day, they assume that new
Entrepreneurs who are opportunity-orientated will first and foremost focus on growth opportunity than the business and its resources. Entrepreneurs in the 21st century not only must be able to see and grab opportunity whenever there is but also must be able and sensitive in analyzing, formulate and taking action towards any opportunities. Entrepreneurs who grab any chances that they see and make the best out of it are the pre-condition to success. In order to be an entrepreneur who can predict and analyze opportunities, they will not give up on any chances that will bring profit to their organization. Entrepreneurs that have this characteristic or attitude is also known to be an unique person because they can foresee future better than others and aiming towards the opportunities that is going to come.
To be a successful entrepreneur shall open eyes to opportunities. Be opportunity-oriented. Successful entrepreneurs are consistently looking for new opportunities. When you 're stuck in a job, you are forced to fear loss - that is, getting demoted or let go. When you are an entrepreneur, the fear of missed opportunities is more than the fear of loss. Whether you 're looking for discoveries that will allow you to create another source of income, or ones that will allow you to enhance your existing business, keeping a vigilant eye on new opportunities is important to your success as an entrepreneur.
Opportunity-oriented entrepreneurs respond to the crisis of change in a totally different way. While seeing the dangers, they view change as a potential advantage to be explored rather than to avoid it. Each day, they assume that new