Entrepreneurship Skills and Characteristics

An entrepreneur is defined as:

• A person who organizes and operates a business, taking on financial risks to do so.

• A person who works for a company and receives a salary.

• A person who invests in stocks and bonds.

• A person who manages a team within a corporation.

Which characteristic describes entrepreneurs who work until a job is done and are determined to overcome problems?

• Creative

• Persistent

• Responsible

• Inquisitive

Entrepreneurs are constantly looking for new ways to solve problems. Which characteristic does this describe?

• Creative

• Goal-oriented

• Independent

• Risk-takers

An entrepreneur is accountable for his/her actions and does what is required. Which characteristic is this?

• Self-confident

• Responsible

• Inquisitive

• Persistent

Entrepreneurs are curious about things that may affect their business. They are not afraid to ask questions or to conduct research in order to solve problems. Which characteristic is this?

• Inquisitive

• Creative

• Goal-oriented

• Independent

Entrepreneurs develop a plan of action and must make decisions to help achieve that plan. Which characteristic is this?

• Goal-oriented

• Persistent

• Self-confident

• Risk-takers

Entrepreneurs want to make their own decisions. They set their own schedules and are able to work without supervision. Which characteristic is this?

• Independent

• Creative

• Responsible

• Inquisitive

Entrepreneurs believe in themselves. Which characteristic is this?

• Self-confident

• Goal-oriented

• Persistent

• Risk-takers

Entrepreneurs look for challenging opportunities. They are not afraid to take risks. Which characteristic is this?

• Risk-takers

• Creative

• Independent

• Responsible

What skills are needed for successful entrepreneurs?

• Leadership and management skills

• Technical skills

• Financial acumen

• All of the above