Module 1 The Entrepreneur Flashcards

1
Q

Characteristics of a Successful Entrepreneur

A
  • Passion and motivation
  • Risk taker
  • Persuavieness and resourcefullness
  • Ambition
  • Creativity
  • Optimism
  • Willingness to learn
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2
Q

Skills of a Successful Entrepreneur

A
  • Communication skills
  • Marketing skills
  • Ability to plan
  • Interpersonal skills
  • Basic managment skills
  • Personal effectiveness
  • Team Bulding skills
  • Leadership skills
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3
Q

Benifits of becoming an Entrepreneur

A
  • Flexibility
  • Wealth creation
  • Be your own boss
  • Remote working
  • Changing the world
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4
Q

Barriers to Entrepreneurship

A
  • Capital
  • Knowledge
  • Time
  • Ideas
  • Income
  • Risk
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5
Q

Intrapreneurs

A
  • Employee, tasked with exploring and devloping ideas
  • Risks and rewards reduced
  • Explore policies, applications and technology to improve exsiting company perfomance
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6
Q

Convergent Thinkers

A

Focussing on the ‘correct’ answer to questions that do not require much creativity.

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7
Q

Divergent Thinkers

A

Exploring the many possible solutions to a problem

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8
Q

Factors that improve creativity

A
  • Working environment (e.g. nautral light)
  • Ability to play
  • Creative culture
  • Recognition scheme
  • Creativity process
  • Creativity training
  • Leadership
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