Devin Holliday

What Is Entrepreneurship?

Entrepreneurship is the process of starting, organizing, managing, and assuming the responsibility for a business.
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What Characteristics should I have?

Most Entrepreneurs are more independent, and like to get work done. They may be more:

  • Persistent
  • Energetic
  • Self Confident
  • Creative
  • Competitive
Many Entrepreneurs may also have different skill sets, such as:

  • Problem solving skills
  • Strong Integrity
  • Personal Motivation
  • Good Work Ethic
All of these are characteristics that could make up a great entrepreneur.

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Starting a Business

Starting a new business can be intimidating, there are many factors to take in. You need to know what type of business you are wanting to start, and the risks that come with that responsibility. Some risks you may want to know are:

  • Lack of Initial Capital
  • Low sales income
  • Overwhelming Expenses
  • Competitive pressure
I you feel that you would be willing to take on many of the tasks, then starting your very own business may be a good idea.