TOPIC 2 Identifying entrepreneurial characteristics INTRODUCTION Entrepreneurs are individuals who recognize opportunities where others see chaos or confusion

INTRODUCTION

Entrepreneurs are individuals who recognize opportunities where others see chaos or confusion

MIND MAP Characteristic of successful entrepreneurs Entrepreneurs self assessment The differences between businessmen, managers and entrepreneurs

Characteristic of successful entrepreneurs

Entrepreneurs self assessment

The differences between businessmen, managers and entrepreneurs

2.1 Characteristics of successful entrepreneurs Initiative and responsibility High degree of commitment Opportunity orientation Moderate risk taker Confident and optimistic Creative and innovative Seeking feedback Drive to achieve Ability to set vision Skilled at organizing Internal locus of control Tolerance to failure High level of energy Team Building Independent Flexibility

Initiative and responsibility

High degree of commitment

Opportunity orientation

Moderate risk taker

Confident and optimistic

Creative and innovative

Seeking feedback

Drive to achieve

Ability to set vision

Skilled at organizing

Internal locus of control

Tolerance to failure

High level of energy

Team Building

Independent

Flexibility

2.2 Entrepreneur self-assessment Visit the website http://bizmove.com/other/quiz.htm

Visit the website http://bizmove.com/other/quiz.htm

2.3 The differences between businessmen, managers and entrepreneurs Difference between a businessman and an entrepreneur Please refer to your module for discussion at page 15 Difference between a Conventional Manager and an entrepreneur Please refer to your module for discussion at page 16

Difference between a businessman and an entrepreneur

Please refer to your module for discussion at page 15

Difference between a Conventional Manager and an entrepreneur

Please refer to your module for discussion at page 16

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