Entrepreneurship and Small Business Management

Section 2: What Does It Take to Be an Entrepreneur?

Section 2.2 Summary
Research shows that everyone has the potential to become an entrepreneur. Although certain background experiences may increase the likelihood of becoming an entrepreneur, a can-do attitude and desire are more important. Successful entrepreneurs are persistent, creative, responsible, inquisitive, goal-oriented, and enthusiastic. The ten foundation skills entrepreneurs need to organize their businesses are communication skills, math skills, problem-solving skills, computer and technical skills, decision-making skills, organizing and planning skills, teamwork skills, social skills, adaptability skills, and basic business skills. Entrepreneurs should have a basic understanding of how the economy works and an understanding of fundamental concepts of finance, marketing, and management.

Section 2.2 Reading Organizer
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