Question:

Qualities of a successful entrepreneur do not include:

Updated On: Mar 27, 2025
  • Initiative
  • Self-confidence
  • Risk avoider
  • Wealth creators
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is C

Solution and Explanation

To determine which quality does not belong to successful entrepreneurs, let's analyze each option in detail:

Options Analysis

Initiative (1)

Definition: Initiative refers to the ability to assess and initiate things independently. Successful entrepreneurs often take the lead in identifying opportunities and taking action to capitalize on them.

Why Included: Initiative is a key quality of successful entrepreneurs as it drives them to start new ventures and pursue opportunities.

Self-confidence (2)

Definition: Self-confidence is the belief in oneself and one's abilities. It involves having faith in one's judgment and capabilities.

Why Included: Self-confidence is essential for entrepreneurs as it helps them make decisions, take risks, and persevere through challenges.

Risk Avoider (3)

Definition: A risk avoider is someone who tends to avoid taking risks. They prefer to minimize potential losses and uncertainties.

Why Not Included: Successful entrepreneurs are often risk-takers. They are willing to take calculated risks to achieve their goals. Avoiding risk is generally not a characteristic of successful entrepreneurs.

Wealth Creators (4)

Definition: Wealth creators are individuals who generate significant financial value through their business ventures and investments.

Why Included: Successful entrepreneurs are often wealth creators. They build businesses that generate profits and create value for themselves and others.

Conclusion

The correct answer is: (3) Risk avoider

Risk avoidance is not a quality of successful entrepreneurs. Instead, successful entrepreneurs are typically risk-takers who are willing to take calculated risks to achieve their goals.

Was this answer helpful?
0
0