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Enterprise
Term | Definition |
---|---|
Enterprise | When an individual or group of people take a risk and decide to start something new. |
Social Enterprise | a non for profit enterprise that has a social or environmental aim. |
Decision-making | When an entrepreneur makes quick and clear decisions. |
Risk-taking | Entrepreneurs take financial and personal risk and view failure as a learning experience. |
Determination | Entrepreneurs are determined to find a way of solving problems. |
Self-motivation | Entrepreneurs are motivated from within to succeed. They have personal drive and ambition to achieve their goals. |
Self-confidence | Entrepreneurs believe in themselves and their idea. |
Creativity | Entrepreneurs think outside the box and come up with new ideas and new ways of doing things. |
Being proactive | Taking action and making changes before they need to be made rather than waiting for situations or problems to arise. |
Networking | Meeting new people and exchanging information. |
Risk management | Reducing the likelihood of risks. |
Human Relations | Building relationships with people to bring the best out of them. |
Realism | When things are going wrong and action is taken to make positive changes. |