What are some characteristics of an entrepreneur?
Opportunity spotter
Creative
Initiative
Hard working
Self-motivated
Enthusiastic
Determined
What are some skills of an entrepreneur?
Communication
Literacy and numeracy
Organisation
Problem solving
Team working
What are some reasons why people set up businesses?
Fulfilling a dream
Being own boss
Work-life balance
Supporting a community
Financial motives
Non-financial motives
What is a financial motive to set up a business?
Profit maximisation
Profit satisficing
What are some non-financial motives to set up a business?
Ethical stance
Social entrepreneurship (motivated by a cause rather than a profit)
Independence
Homeworking