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Entrepreneurship Skills - Coggle Diagram
Entrepreneurship Skills
Entrepreneurship
Entrepreneur
Enterprise
Role of Entrepreneurship
Economic Growth:
Job Creation
Better Living Standards:
Optimal Resource Use
Affordable Products
Qualities of a Successful Entrepreneur
Patience:
Positivity
Hardworking:
Confidence:
Trial & Error
Creativity & Innovation:
Types of Business Activities
Product Business: Sells physical goods
Service Business: Offers services
Hybrid Business: Combines both product and service
Entrepreneurship Development Process
Idea Generation:
Getting Resources:
Understanding Customers:
Improvement & Growth:
Entrepreneurship Features
Takes risk
Owns business
Works for self
Keeps most profits
Uses personal ideas