Who Is A Potential Entrepreneur? A person through free association as well as brainstorming can help create new ideas and venture into. Its main purpose is to summary major points of the business plan to help save the time the reader spends on the plan (Finch 18). This includes a significant amount of planning and understanding the needs of your potential market. Entrepreneurship and business ventures, over the next several decades, technological advancements will likely create more jobs in the respective industry throughout the country. There are different features that make an industrialist success in a business venture.
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Protection of a product as well as its patent rights is also contained in venture description in the plan. According to Morrison (1999 p30 entrepreneurs can be regarded as first among equals in the process of wealth creation. In order to obtain start-up financing, an entrepreneur has to convince investors that the enterprise has intangible assets that have potential to generate cash flows in the future. Continue Reading, role of Women Entrepreneur 3988 Words 16 Pages, jagdeep Singh Poonam Arora Lecturer,.G.I.E.T.G.I.M.T., Sangrur introduction: - Women as Entrepreneurs in India: You can tell the condition of a nation by looking at the status of its women - Jawaharlal Nehru. New York: McGraw-Hill, 2011. Other sources of business information includes free association, modification of an existing idea and brainstorming. Studies however have found it difficult to link these certain traits to an entrepreneurs behaviour. Business success depends on the application and an efficient management team. However, by the 1980s, the way Britain was viewed from oversees altered and there became more focus on entrepreneurship and new venture planning within the economy.
Is An entrepreneur is a person who finds it worth risking, especially in term of his or her finances, in a particular project with a hope of introducing new related ventures that will culminate into visible success financially (Foley, 2006).
Entrepreneur is a person who organizes, operates, and assumes the risk for a business venture.
I believe there are three important characteristics for an entrepreneur to be successful.
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