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Services Business
A business activity that you can't see, but that benefits the buyer, is called a service business. These activities can include
traveling, consulting, delivering, cleaning, etc. There is no fixed time for the service, and the service providers respond
flexibly according to the customer's request. Services do not even require a shop to sell the product. For example,
customer care services for any product you purchase like a laptop.
Characteristics of an Entrepreneur
An entrepreneur is someone who sees an opportunity and decides to take advantage of it. Some entrepreneurs start
a new business by solving a substantial problem and providing some value that other people would appreciate if the
product or service was available to them. Other entrepreneurs begin a business by providing a "better mousetrap" in the
form of a product, service, or both. An entrepreneur will always display the following characteristics:
Eye for
Opportunity
Independence—
Able to mobilize Being your own
resources
boss
Creative and Characteristics Hardworking
Innovative of an
Entrepreneur
Risk bearing Self Confidence
Ability to accept
change
Values that Make an Entrepreneur Successful
Every entrepreneur has certain unique qualities that make him successful. As you follow the entrepreneurial path, you'll
come up with a variety of thoughts, fears and doubts.
The entrepreneur's ability to overcome these doubts determines his ability to succeed. The entrepreneur's values play
an important role in overcoming these challenges. Let us discuss about some of the values possessed by successful
entrepreneurs.
Entrepreneurial Skills-III 73

