food clothing repair shop car. Repair shop is a service-based business. This answer has been confirmed as correct and helpful.
Which of the following are traits of entrepreneurs?
- Robust Work Ethic. Successful entrepreneurs know a thing or two about work ethic. ...
- Deep Passion. Work ethic and passion go hand in hand. ...
- Creativity. ...
- Motivated Self-Starters. ...
- Easygoing Attitude. ...
- Eager to Learn.
Which of the following is a service based business car food clothing repair shop?
food clothing repair shop car. Repair shop is a service-based business. This answer has been confirmed as correct and helpful.
Who organizes and operates a business?
The Merriam-Webster Dictionary defines an entrepreneur as “a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.” This definition hardly seems to require an advanced degree or some special initiative.
Which of the following are reasons people become entrepreneur?
- Their creativity doesn't fit the corporate environment. ...
- They want a lifestyle that isn't bound to nine to five. ...
- They're passionate about learning. ...
- Their ideas are unconventional. ...
- They want to do things. ...
- They want to change the world.
What are the types of service business?
- Management services.
- Software services.
- Consulting services.
- Training Services :
- Financial services.
- Marketing Services.
- Travel services.
- Catering services :
What are the examples of service company?
Definition: A service company is a business that generates income by providing services instead of selling physical products. A good example of a service company is a public accounting firm . They earn revenues by preparing income tax returns, performing audit and asset services, and even doing bookkeeping work.
What are the 3 important skills of a successful entrepreneur?
Adaptability, persistence and hard work , these are the keys to success in small business, but they are three important attributes no matter what your endeavor.
What kind of person makes a good entrepreneur?
Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.
What are the 12 characteristics of successful entrepreneurs?
- They take what they do seriously. ...
- They make it all about the customer. ...
- They make the big decisions carefully. ...
- They aren't scared of the road less traveled. ...
- They harness technology. ...
- They invest in themselves. ...
- They are constantly learning. ...
- They're not afraid of risks.
What do you call someone who runs a business?
Someone who runs a business... a businessman .
What is a person who starts a business called?
An entrepreneur is someone who starts a new business. ... Then maybe you should be an entrepreneur. This is someone who founds a business, whether a tiny one or a huge one. Besides starting the business, the entrepreneur takes on the most of the risk by investing their own money and/or bringing in other investors.
What is the most important trait in venturing a business?
Passionate
Perhaps the most important characteristic for entrepreneurs, passion is essential to any business owner or working professional's success. Without passion, there is no reason for your work and no drive to do it. Entrepreneurs love what they do and are extremely dedicated to the businesses they create.
What type of entrepreneur is Bill Gates?
Entrepreneur and businessman Bill Gates and his business partner Paul Allen founded and built the world's largest software business, Microsoft, through technological innovation, keen business strategy and aggressive business tactics. In the process, Gates became one of the richest men in the world.
What are four factors that can contribute to business failure?
- Poor cash flow management. ...
- Losing control of the finances. ...
- Bad planning and a lack of strategy. ...
- Weak leadership. ...
- Overdependence on a few big customers.
Why do some persons but not others choose to become entrepreneurs?
Some people have no choice but to be entrepreneurs because they are born with the spirit for it . Others, increasingly, are turning to it because of lacking opportunities elsewhere. Or sometimes, an idea just spontaneously hits that makes entrepreneurship unavoidable.
