Question

Choose and explain which entrepreneur characteristic is the most important.

a. All of the above
b. Motivation = because owners must endure hardships and difficulties as the owner.
c. Decision-making = because their decisions directly impact the fortunes of the business.
d. Sight and Foresight = because owners must be prepared in advance for what the market
will eventually bring to their business.

Answer 1

a. All of the above

Step-by-step explanation:

An entrepreneur conceives an idea, spearheads the process of transforming the idea into a business by making critical decisions and absorbing associated risks. An entrepreneur possesses certain characteristics that enable them to convert an idea into a profitable and sustainable business.

Some of those traits include.

1. Motivation: Naturally, entrepreneurs are motivated to see their ventures succeed. They put in long hours to achieve their dreams.
2. Decision Making: Entrepreneurs are not afraid to make difficult decisions. When quick and important decisions are required, entrepreneurs respond promptly, knowing success or failure lies in there.
3. Vision: They visualize what they want to achieve and work hard towards achieving those objectives.
4. Passion: Entrepreneurs are passionate about their business and its success. They talk and act positively about the venture.
5. Confidence: they believe in themselves and their ideas/business. Without confidence, entrepreneurs will not succeed.