Page 72 - Data Science class 11
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Belief in Self
Focus on
Customer Attitude Decision Making
Responsibility
Problem-Solving
Problem-solving is a thought process through which an entrepreneur can come up with multiple solutions to improve
his business. The process begins by first recognising the problems. After understanding the problems, there are many
ways that an entrepreneur can solve them. An entrepreneur faces many problems or challenges. It's the ability to tackle
them that makes an entrepreneur special. Let us discuss some of the ways most entrepreneurs use to solve problems.
Creativity
Creativity means to come up with ideas that others have not thought of before. Creativity does not mean being artistic
or being good at drawing. An entrepreneur has to believe that he can think of new ideas to solve a problem.
Innovation
Innovation means coming up with new ideas and finding ways to implement them. The difference between creativity
and innovation is that creativity involves only thinking about new ideas, but innovation is also about finding ways to turn
those ideas into reality.
Critical Thinking
Critical thinking means understanding the situation or problem by asking questions like why, what, when, how, and
investigating the situation or the reason for the problem. Entrepreneurs must always think critically when faced with a
challenge. Just worrying about the problems does not make them go away.
Difference between the Attitude of Entrepreneurs and Employees are.
Entrepreneur Employee
An entrepreneur believes in himself or herself so that When an employee starts a new job, he or she is usually
he/she may confront any problem with confidence and managed by someone who assists and encourages him/
succeed. her.
An entrepreneur is accountable for ensuring that the An employee meets the company's objectives. Not all
work they do offers value to the customer. Entrepreneurs employees of a company work directly to meet the
determine what type of job to do and how to execute demands of clients. They may or may not have any direct
it. They make their own decisions and work to complete obligation to the customer.
the task.
Entrepreneurs typically work in an uncertain An employee's employment is usually internal and is
environment, where they have no idea what will happen unaffected by the outside world. As a result, believing
once, they begin anything new. As a result, it is critical in change is not required for an employee to do their
for an entrepreneur to remain optimistic and think that duties.
the market situation can change.
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