Describe One Entrepreneurial Venture That Takes Advantage Of A Trend.

Question: How have technological accomplishments impacted entrepreneurship?

Answer: The technological innovations have allowed it to be easier than ever to promote your brand and communicate with customers.

Question: What resources and support systems are available for entrepreneurs who need extra assistance in developing their business?

Answer: Books, magazines, government agencies, small business development centers, and private foundations devoted to entrepreneurship.

Question: Name five characteristics of successful entrepreneurs.

Answer: Enthusiasm, Innovation, creative, willingness to take risk, optimism

Question: Identify 5 skills necessary for successful entrepreneurs.

Answer: Risk-management skills, Technical skills, financial skills, communication skills, leadership skills.

Question: What opportunities are available for people aspiring to become entrepreneurs?

Answer: Technological advancements, more readily available resources and support systems, multiple finance options, and tax reforms

Question: How can self-awareness help an entrepreneur to be successful?

Answer: They know their strengths & weaknesses

Question: Explain the role of passion in entrepreneurship.

Answer: Many entrepreneurs start businesses so they can share a talent, interest, or hobbies that are important to them

Question: What type of professional development opportunities are available for entrepreneurs?

Answer: The Internet, Publications, Workshops, Volunteer Work

Question: Give one of example of an entrepreneur.

Answer: Steve Jobs opening Apple in the 1970s to help appeal to the computer market.

Question: Discuss methods that entrepreneurs often use to identify new opportunities.

Answer: Being on your toes