Venture of the Entrepreneur - Report

Added on -2020-02-12

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ENTREPRENEURSHIPAND SMALL BUSINESSMANAGEMENT
Table of ContentsENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT........................................1INTRODUCTION...........................................................................................................................3ASSINMENT1 HAS BEEN COVER IN PPT ...............................................................................3ASSESSMENT 2.............................................................................................................................3TASK 1............................................................................................................................................31.1 determine the characteristic trait and skills if entrepreneur..................................................31.2 How aspects of entrepreneur partiality show the motivation and there mind-set.................31.3 Explaining the argument relating the entrepreneur characteristic.........................................41.4 Analysing the characteristic, skills, traits and motivation drive for successful entrepreneur.....................................................................................................................................................4TASK 2............................................................................................................................................51.1 Background and experience help in foster the entrepreneurship.........................................51.2 Entrepreneur Characteristics influenced by background and experience............................61.3 Positive and negative influence by the background and experience on entrepreneur...........6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
INTRODUCTIONThe this environment there are so many type of entrepreneur. There are severalentrepreneur venture in the London. This report is for selecting the effective venture of theentrepreneur in this country. This will help in developing the country also. These are like thebusiness which have been established in the market (Barringer, 2012). These are depend on theidea. The idea generate of this is know as the entrepreneur. This is also known as the owner ofthe company and business. He have to Handel and make the decisions for the development of thecountry. This help in country development as well as the business development.ASSINMENT1 HAS BEEN COVER IN PPT ASSESSMENT 2TASK 11.1 determine the characteristic trait and skills if entrepreneurThere are several skill that should be for becoming the entrepreneur. There are so manyskill are needed but the major skills that have to been in the personality of the entrepreneur Fully determination: the entrepreneur should have the high quality of determinationbecause he should have to the the decisions for the business.No afraid of risk: the entrepreneur have to be a quality to take the risk because when hehave to implement the idea he have take the risk in the market. With out taking risk nobody can generate the profit.High level of confidence: the entrepreneur have to the quality to confidante it help inmaking the decisions in the business (Kirzner, I.M., 2015). This help in making the ideaimplementation.Highly adaptable: the chance is the part of the environment. So entrepreneur should havethe quality of the adapting the situation and the change in the environment.1.2 How aspects of entrepreneur partiality show the motivation and there mind-setThe entrepreneur have to generate the innovate idea and he have to put his found in theimplementation of that idea. There are several things that will show the motivation and theirmind-set (Drucker, P., 2014). There maintain task is to generate the idea for the profit of thebusiness. And he have to take the effective decisions of the betterment of the business. While

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