Entrep 1 Flashcards
1
Q
What is entrepreneurship?
A
Its the developing and managing of a business to gain profit, taking several risks on the corporate world.
2
Q
Where you gain prosperity and financial independence
A
Profit
3
Q
Name the 7 competencies of an entrepreneur.
A
● Risk raking
● Sense making
● Customer focus
● Iniatiative
● Influence
● adaptdability
● Grit
4
Q
How many gates of properity are there?
A
There 4 gates of properity
5
Q
What equals to prosperity?
A
Financial freedom
6
Q
Preparation or Intellegent quotient
A
Stage 1
7
Q
Marketing: Creative quotient
A
Stage 2
8
Q
Execution: Emotional quotient
A
Stage 3
9
Q
Self-leadership: adversity quotient
A
Stage 4
