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Decisiveness
he ability to make lucrative and timely decisions is referred to as decisiveness. o can one become a decisive
entrepreneur hen it comes to starting a business, decisiveness is the most vital quality to have. It is all about recognising
and capitalising on opportunities. An opportunity is a chance to do something, usually at the correct time or period.
Decisiveness can be developed via the process outlined belo
no ourself
Identify the
roblem olving Decisiveness
opportunity
Analyse
nderstand the
opportunity
et us consider oonam's story to understand her entrepreneurial venture.
Poonam lives in a small village in Himachal Pradesh. She sells hand-knitted woollen socks. However, she is not very
successful in her venture. One day she discusses her problems with her friend. Her friend advises her to become an online
seller. Poonam likes the idea and immediately registers online and starts selling her woollen socks. She realises that her
product and price are better-suited for her online business. She then divides her products into two. She sells the better
quality hand-knitted woollen socks online and the low quality hand-knitted woollen socks in her village. She starts earning
uite a pro t from both sides.
an you evaluate oonam s conduct in terms of the four dimensions of decisiveness rovide an e planation for each
point. or e ample understanding the opportunity oonam realised she could sell her oollen socks in both her
village and online.
Initiative
he ability to take charge and act in a situation before others is referred to as initiative. After you've determined hat you
ant to do, the ne t step is to do it. here are times hen e recognise hat action e need to take but do not take it
because e believe e are incapable of doing any task. In such cases, it is critical to reach out to those e ork ith in
order to brainstorm ideas and inspire us to believe in our talents.
et us read the story about unny, ho anted to ork in the field of e ellery design.
Sunny was always interested in jewellery designing. He studied the latest international styles I
and would keep practising designing jewellery on his laptop. However, his family wanted A I I IA I
him to study coding and work in a software company. After two years of struggling with
what to do, Sunny spoke to his teacher. She encouraged him and made him realise that he needed to take command of his
life. He then summoned the strength to speak to his family. He described that he had the talent to design jewellery and the
skills to run an entrepreneurial venture because of what he had learnt in school about business. His family was convinced
and Sunny nally started selling his designs online. He is now well known for his skills in and around his town.
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