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Entrepreneurial characteristics (risk taker (risk capital + time (to…
Entrepreneurial characteristics
risk taker
risk capital + time
to create profits
remortgage a house
borrow money
quit prev. job
take initiative
able to change as needed
leadership
be proactive
effective organiser
responsible planning
hiring labour
buying inputs
selling
creativity
come up with concepts
innovation
developing a better way
hard working
strong work ethic
work on average 52hrs a week
another 40hrs thinking
employed person = 38 hrs
determination
new businesses - low success rates
willing to keep trying