Final answer:
The answer discusses five qualities required for success in self-employment: determination, self-motivation, adaptability, resilience, and time management.
Step-by-step explanation:
Five Qualities Required for Success in Self-employment
- Determination: Self-employment requires a strong sense of determination to overcome challenges and push through setbacks.
- Self-motivation: Being self-employed means taking initiative and being motivated to work independently without constant supervision.
- Adaptability: In a dynamic business environment, being able to adapt to changing circumstances and embrace new ideas is crucial for success.
- Resilience: Self-employment often involves facing failures and setbacks. Being resilient helps in bouncing back, learning from mistakes, and continuing to move forward.
- Time management: Effectively managing time and prioritizing tasks is essential to ensure productivity and achieve goals.
Developing these qualities can greatly increase the chances of success in self-employment.
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