Entrepreneurs

Entrepreneur- Someone who makes a business idea happen either through their own efort or by organising others to do the work.
 A sucessful Entrepreneur needs the following characteistics:
Understanding of the market
Determination
Persuasive abilities
The ability to build relashionships with the network such as suppliers and customers otherwise business suffers!
The ability to cope with risk



Risk taking
- Business decisions are always about the future and they always involve uncertainty
-Good entrepreneurs consider what they might happen differently
-An enterpretueur looks at the risk compares them with the possible rewards and makes a decision with a cool head
- Risk takers accept that sometimes they will get losses.
GOVERMENT SUPPORT?
New businesses do not get a great deal of support from their goverment
ISSUES FOR ANALYSIS
- Some people believe that real enterpreteurs are born that way others say that their skills can be learnt.
- A second isssue is weather entrepreteurs tend to be school underachievers whose sucess comes from their reaction against their school 'failure'