Question

Ned Kite is a four time business owner. One thing that has served Ned well throughout his entrepreneurial career is his ability to build and maintain relationships with people whose interests are similar or whose relationships could bring advantages to his new ventures. According to the textbook, Ned is a good:

Answer 1

Networker.

Step-by-step explanation:

In this scenario, Ned Kite is a four time business owner. Also, one thing that has served Ned well throughout his entrepreneurial career is his ability to build and maintain relationships with people whose interests are similar or whose relationships could bring advantages to his new ventures. According to the textbook, Ned is a good networker.

A good networker is an entrepreneur strategizes and strives to identify his or her business idea with highly influential individuals such as lawmakers, technocrats etc. through social contacts and platforms.

Additionally, in entrepreneurship an ability to network with important and influential professionals is an essential and crucial skill that should be possessed by any entrepreneur who wishes to be successful at his or her business.

Hence, a good networker is expected to be friendly, social, be a good listener, and sincere.

For reference purposes, the textbook being talked about is "Entrepreneurship: Successfully Launching New Ventures 4th Edition" written by Bruce R. Barringer and Ireland R. Duane.