risks and rewards of enterprise

Question 1

what skills do entrepueners need

Answer 1

self belief, risk taking, initiative and determination

Question 2

what are the 7 key characteristics entrepueners need

Answer 2

confidence, creativity, communication, risk taking, innovation, negotiation and determination

Question 3

why is determination a good characteristic too have as an entrepeuner

Answer 3

Don’t give up you must find a way around a problem to keep the business going

Question 4

why is negotiation a good characteristic to have as an entrepeuiner

Answer 4

good negotiation leads to better deals from investors

Question 5

why is being innovative a good characterist to have as an entrepuener

Answer 5

Innovative Ideas can save time and money

Question 6

why is taking risks a good characteristic to have as an entrepuener

Answer 6

Nothing in business is certain you have to take a risk for it to potentially work

Question 7

why is good communications skills a good characteristic to have as an entrepuener

Answer 7

good communication skills makes you seem professional and trustworthy and get you the support you need

Question 8

why is being confident a good characteristic to have as an entrepuener

Answer 8

Confidence is important when setting up a business so that investors will belireve in you and trust that your business will be fincaially viable

Question 9

why is having creativity a good characteristic to have as an entrepuener

Answer 9

having the ability to spot new ideas or something different will make you stand out to customers and investors because your business is unique