Page 83 - IT 402 v2.0 class 10
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Big entrepreneurs play  a very crucial role in development of the nation as they help to build and establish
            huge infrastructures or services like telecom facility  aeroplanes  etc. which wouldn t be possible otherwise.
            Most  of  the  successful  entrepreneurs  are  philanthropists.   hey  always  contribute  to  the  society  for  the
            betterment of people in a community. Such philanthropic acts include establishment of facilities like schools
            colleges  hospitals  etc.  and donations to organisations and providing sponsorships.

            On the other hand  society provides market for the services and products that have been created or are being
            produced by the entrepreneur.  he society provides raw material to entrepreneurs for production of goods
            that the society needs. For example  a restaurant provides cooked food but the vegetables to prepare the
            food are provided by the society.

            Society also provides financial support for entrepreneurs.  o start an entrepreneurial venture  one needs to
            have su cient capital. Microfinance institutions often provide the startup capital that is essential to support
            the startup. It also provides land and space to work on and environment of security where the business can
            grow.

               QUALITIES OF ENTREPRENEURS

             ntrepreneurs have several  ualities. Some of them are:
               ntrepreneurs are very clear with their targets.  hey visualise  plan and then implement their ideas.
               hey work hard from the beginning and then for extra hours so that they can achieve the best.

               hey are courageous and are always ready to take risks for their business.
               hey have clear vision of what will be needed in the future and they prepare their next move accordingly.

               hey are very creative and innovative.  hey always come up with products and services which are new to
              the market.
               hey are problem solvers.  hey conceive new ideas and achieve innovative solutions.
               hey have good communication skills for convincing potential stakeholders.

               hey are updated with the current scenario of the market.
               hey are dedicated and passionate towards their work.


































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