CHARACTERISTICS/TRAITS OF AN ENTREPRENEUR (TLE)

Question 1

Name all the characteristics/traits of an entrepreneur.

NOTE: this is based on the book

Answer 1

1. Virtuous
2. Self-disciplined
3. Professional
4. Competitive
5. Hardworking
6. Self-confident
7. Foresighted
8. Goal-oriented
9. Profit-oriented
10. Adaptable

Question 2

This means being honest and having strong and consistent ethical values.

Answer 2

Virtuous

Question 3

This is the capacity of entrepreneurs to manage their emotions properly, regardless of the situation.

Answer 3

Self-disciplined

Question 4

This means that entrepreneurs must be hardworking and punctual without shortchanging the quality of their products and services.

Answer 4

Professional

Question 5

A crucial value in attaining the entrepreneurs’ goals and business objectives. This is used in outsmarting other businesses with similar goals and objectives.

Answer 5

Competitive

Question 6

This requires extra efforts, energy, time, and resources by the entrepreneur to accomplish a target task/project.

Answer 6

Hardworking

Question 7

This means believing in one’s self and his/her capabilities to achieve set goals and objectives.

Answer 7

Self-confident

Question 8

Entrepreneurs create businesses and jobs for the future of their children, the country, and themselves.

Answer 8

Foresighted

Question 9

Entrepreneurs who are in setting realistic targets are likely to succeed in their business ventures.

Answer 9

Goal-oriented

Question 10

Entrepreneurs should know how to manage their profit so that their business may continue to prosper and expand for their own benefit and for the welfare of their workers.

Answer 10

Profit-oriented

Question 11

Entrepreneurs also experience failures and uncertainties. A coping mechanism should be in place to avoid disappointments and adjust to challenging conditions.

Answer 11

Adaptable