What is entrepreneurship What are some of the basic characteristics of entrepreneurs

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What is entrepreneurship? What are some of the basic characteristics of entrepreneurs?

Entrepreneurship is the ability to create an idea and strategically implement the idea for economic purposes. Some of the characteristics that describe an entrepreneur are independent, innovative, risk taker, persuasive, and disciplined. To become an entrepreneur an individual must have the ability to make decisions that involve great risk. The decision of selling a product at a specific cost is determined by the entrepreneur. The decision of how to market a product is determined by the entrepreneur. Entrepreneurship requires a great deal of personal investment and commitment . In my personal opinion, the concept of Risk versus Reward should be practiced vigorously by every...

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