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Describe the principles of entrepreneurship? need help

Sagot :

Answer:

1. Be a Solution Provider

You must note that entrepreneurship is not just about making money

2. Have a Vision

You are not an entrepreneur merely to make a living

3. Choose the Right Team

When assembling your team, it is imperative to gather a team of individuals with the same mindset and attitude towards achieving a common goal.

4. Viable Product/Service

Let your product/service fulfill a need, be innovative and the approach, a little different from other regular businesses.

5. Capital

Good business plan always draw investors. Capital should be your least worry when you have a solution.

6. Accountability

As an entrepreneur, you are accountable to the success or failure of your business, not your employees, investors or advisors

7. Growth and Marketing

Every successful business grew over the years. Most big companies started small.

8. Know Your Customer

Your customer base determines the life of your business.

9. Priorities

For success in business, you must categorize things in order of importance.

10. Never Give Up

The never give up attitude is one quality an entrepreneur must possess.