96.5k views
5 votes
What should successful entrepreneurs be aware of to strive toward goals?

A) Self-awareness
B) Goal orientation
C) Strength recognition
D) Entrepreneurial insight

User Nlucaroni
by
8.7k points

1 Answer

4 votes

Final answer:

Successful entrepreneurs need self-awareness, goal orientation, strength recognition, and entrepreneurial insight to achieve their goals, which includes understanding both personal attributes and external business factors.

Step-by-step explanation:

Successful entrepreneurs should be aware of several key factors to strive toward their goals. Firstly, self-awareness is critical in understanding personal characteristics, strengths, and weaknesses. This includes being conscious of external factors and resources that contribute to informed career decisions. Additionally, goal orientation is important to maintain focus on specific objectives and the steps required to achieve them. Recognizing personal strengths is crucial for leveraging them effectively in pursuit of entrepreneurial success. Finally, entrepreneurial insight, which encompasses an understanding of the business cycle, market conditions like inflation, and economic indicators such as Gross Domestic Product (GDP) and unemployment rates, is vital for making strategic decisions.