Zusammenfassung der Ressource
Entrepreneurial motives and characteristics (1.5.2)
- Characteristics of entrepreneurs
- Self-confidence
- Self-determination
- Being a self starter
- Judgement
- Commitment
- Perseverance
- Initiative
- Skills required by entrepreneurs
- Organising
- Financial management
- Communication
- Managing people
- Decision making
- Negotiating
- IT skills
- Reasons why people set up their own business
- Financial
- Profit maximisation
- Profit satisficing
- Fiancial
- Non-financial
- Ethical stance
- Social enterprise
- Independence
- Home working
- DEFINITIONS
- Profit maximisation= An attempt to make as much profit as possible in a given time period
- Profit satisfaction= Making enough profit to satisfy the needs of the business owner(s)