Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 6, Problem 1DCS
Summary Introduction

To discuss: The profile of any one entrepreneur who is heading today’s dynamic new businesses.

Introduction: The eagerness to create, sort out and deal with a business wander alongside any dangers to make a benefit is termed as entrepreneurship.

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There several myths about entrepreneurs, including:- Entrepreneurs are born, not made. - Entrepreneurs are gamblers. - Money is the key to entrepreneurial success. - You have to be young to be an entrepreneur- You have to have a degree in business to be an entrepreneur. Describe your perceptions about any entrepreneurs in relation to the above myths. Are the myths true or false? Why or why not?
What are the sources of new ideas for an entrepreneurs? Explain.
What characteristics does the entrepreneur appear to have? How do you believe these characteristics and the entrepreneur's cultural background influenced their success?
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