1:1 Entrepreneurs Flashcards
1
Q
What are some characteristics of an entrepreneur?
A
- Decision-making
- Leadership
- Planning skills
- Time management
- Sees opportunity
- Sees vision
- Self belief
- Hard working
- Motivated
- Commitment
- Adaptability
- Risk-taker
2
Q
What does it mean to be enterprising?
A
Being prepared to take risks: To make decisions, be innovative and to be motivated.
3
Q
What is an Entrepreneur?
A
Someone who is willing to take risks to achieve business success.
4
Q
How does the Northern Ireland government encourage an enterprising culture?
A
- Funds
- Start-up businesses can get up to £15,000
- Existing businesses can get up to £100,000
- Offering free guidance from professionals through courses
5
Q
What are risks for an entrepreneur?
A
- They could lose a lot of money
- They could lose a lot of time
- There could be a lot of personal stress
6
Q
What are the rewards for an entrepreneur?
A
- Making profit
- Becoming famous
- Satisfaction
- Independence
