1.5.2 entrepreneurial motives

Question 1

what are the characteristics of a good entrepreneur?

Answer 1

passionate, driven, focused, risk taker and decisive

Question 2

what are the financial reasons for people starting up a business?

Answer 2

-Desire to earn profits
-good standard of living

Question 3

what are the non-financial reasons for people starting up a business?

Answer 3

-more control over working life
-satisfaction over building something from scratch