Question

Explain any two qualities of an entrepreneur.

Hint:

Innovation and courage are key — they turn ideas into businesses.

Answer 1

An entrepreneur needs certain qualities to succeed and grow a business.
Two important qualities are:
1. Innovative Thinking: An entrepreneur must have the ability to think creatively and come up with new ideas, products, or services.
Innovation helps to stay ahead of competitors and meet changing customer needs.
2. Risk-taking Ability: Entrepreneurs are willing to take calculated risks to achieve their goals.
They have the courage to invest time, money, and effort despite uncertainties.
These qualities help entrepreneurs identify opportunities and turn ideas into successful ventures.