Page 70 - Data Science class 11
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Confidence
Building future Passionate
Motivated Perspective
Values of
Entrepreneur
Challenging Priority
Congruent Integrity
Positive
Confidence
Confidence means believing in yourself and your approach. Confidence helps business owners take the first step to start
a new business, and then try new things to grow their business. It encourages entrepreneurs to continue even if they
fail. Confidence also encourages business owners to visit customers and seek feedback on their products or services.
Feedback helps entrepreneurs further improve and grow their businesses.
Independence
Independence means the ability to work alone and the self-confidence to make decisions. It is the entrepreneur's
responsibility to decide what kind of work to do and how to do it.
The entrepreneur is his own boss and must be motivated to set and pursue his goals. He or she is also responsible for
motivating others to work on the company's goals and reviewing how the company does it daily. Independence allows
an entrepreneur to work alone without reporting, but he is also responsible for ensuring that the customer is always in
focus. Providing high-quality products or services at the right price is one of the most important tasks for entrepreneurs.
Perseverance
Perseverance means not giving up and continuing even when difficult situations arise. There are many challenges
involved while running a business. A responsible entrepreneur overcomes these challenges, learns from them, and
moves on, no matter what. Entrepreneurs need to stay optimistic and motivated when things get tough. While working
hard, an entrepreneur also needs to think about improvement and growth. Perseverance doesn't mean doing the same
process over and over again. It means finding different and creative ways to overcome difficulties and always thinking
about achieving the goal no matter what happens along the way.
Open-mindedness
Open-mindedness means being open to trying new things and being open to take feedback from others. In the process
of starting and growing a business, an entrepreneur will try many different things. They will often need to consult others,
such as market experts and peers for information and ideas.
During this process, it is important to keep an open mind and to allow new thoughts and ideas come to you. This will
allow an entrepreneur to learn from failures and continue to improve the business.
Innovativeness
Innovation is a crucial driver of entrepreneurship and is critical to a company's success. Entrepreneurs can use innovation
to uncover new opportunities, solve issues, and bring new products and services to market. It assists businesses in
remaining competitive, growing, and creating new jobs.
68 Touchpad Data Science-XI

