DO YOU UNDERSTAND?

QUESTION:

1.    Do you think all the characteristics of a successful entrepreneur are equally important or are some more important than the others? Explain your answer.

ANSWER:

1.                Yes, for me I think all characteristics are equally important to be a successful entrepreneur, because if one characteristic is missing, you will also not meet the demands of the customers and if you don’t meet their demands, this will cause a bad reputation to you and if you have a bad reputation it will pull you down, and that will be the cause for your business not to succeed…                                                                                        

THE MUST-HAVE CHARACTERISTICS:

                        (PECs)

1.                Vigilance for Opportunities

2.               Commitment to Work Contract

3.              Persistence

4.              Willingness to Take Risks

5.              Demand for Efficiency and Quality

6.              Goal Setting

7.              Information Seeking

8.              Systematic Planning and Monitoring

9.              Persuasion and Networking

10.        Self-Confidence