Question

Todd and Jim quickly learned that running a sailing business required a lot more than just taking folks for boat rides in exchange for a few dollars. In order to succeed as entrepreneurs Todd and Jim had to be all of the following except:

Self-directed
Highly energetic
Risk averse
Action-oriented
Self-nurturing

Answer 1

Entrepreneurs like Todd and Jim need to be self-directed, highly energetic, action-oriented, and self-nurturing but not risk averse, as taking calculated risks is essential for success in starting and running a business.

Step-by-step explanation:

Todd and Jim's journey as entrepreneurs shows that they must embody certain traits to succeed in running a sailing business. These characteristics typically include being self-directed, having high energy, being action-oriented, and self-nurturing. However, being risk averse is not a trait that aligns with the entrepreneurial spirit, as entrepreneurs are known for taking calculated risks. They must weigh potential benefits against risks before investing in a project and be prepared to risk their own capital to showcase their belief in their venture's prospects. This trait is crucial since any startup is inherently risky, and having an understanding of the business plan and the drive to work hard are pivotal for success.

Answer 2

Self-nurturing

Step-by-step explanation:

Todd and Jim quickly learned that running a sailing business required a lot more than just taking folks for boat rides in exchange for a few dollars. In order to succeed as entrepreneurs Todd and Jim had to be all of the following except: Self-nurturing.

Self-nurturing has never been identified as a quality for successful entrepreneurs although it is necessary to nurture oneself, what is required of entrepreneurs is to Self-directed , Highly energetic , Risk averse and Action-oriented .