Entrepreneurship Small Business Management (Task - 3)

Entrepreneurship Small Business
Management
(Task - 3)

Table of Content
Introduction
Characteristic traits and skills
Entrepreneurial personality reflect
Conclusion
References

Introduction
Entrepreneurship is the process which is followed by individuals to design, launch and run a new business in
systematic manner. It is mainly related to small businesses and the persons who create the idea of it are known as
entrepreneur. For the purpose of managing petite companies it is very important for the businessmen to be aware of
market situations which may leave negative impact upon operations. Major factors which should be focused by
small as well as small companies are economic condition, market trends etc. This report covers various topics such
as exploration of range of venture types, assessment of impact of small businesses in economy, determination of key
aspects on an entrepreneurial mindset etc. Apart from this, Examination of different environments that foster or
hinder entrepreneurship are also elaborated in this project.

The entrepreneurs have some uniqueness in their nature
and because of it they become success in life. They have
different skills and traits as compare to business managers.
For example the founder of Amazon is Jeff Bezos who
have some unique skills as well as Bill Gates also who
evolved Microsoft. Herein, below characteristic of these
entrepreneurs is elaborated that is as follows :
Characteristic traits and skills of successful entrepreneurs that
differentiate them from other business managers.