ย Entrepreneurs must be aware of the potential risk in the chosen business venture.
Risk-taking
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It is used in analyzing the products, services, and markets of an organization to determine the best way to achieve future growth.
SWOT Analysis
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An entrepreneur who excels in performing a specific job and aims to give what is best and being promised to the potential customers.
Fulfilling Commitments
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shark
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shark
Other team loses 20 points!
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lifesaver
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eraser
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fairy
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fairy
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thief
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The entrepreneur must provide step-by-step procedures in achieving the business goals, and consistently monitor the state of the business in order to solve issues immediately and take actions if necessary.
Systematic Planning and Monitoring
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5
These are the hindrances in achieving business objectives.
Weaknesses
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These are the factors that you can control.
Strengths and Weaknesses
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The success of the business sometimes depends on how the entrepreneur persuades and expands his/her network.
Persuasion and Networking
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gold
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gift
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lifesaver
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5
An entrepreneur is someone who sees problems as opportunities and transforms opportunities as profitable activities.
Opportunity-seeking
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The entrepreneur must take full responsibility in achieving the goals of the chosen business.
Independence and Self-confidence
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These include interesting trends, possible investors and good opportunities for your business idea.
Opportunities
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The entrepreneur must stand firm and take action if the business encounters challenges and obstacles.
Persistence
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These are the positive features of an organization or business idea which will help in achieving the objectives and be an advantage over similar business ventures.