Respuesta :
An entrepreneur is a person who identifies a need that should be addressed and no existing business addresses it and also propose a solution for that need. He takes high risks and in return earns high rewards if everything turns out right.
The 5 entrepreneurial demands are -
- Knowledge of personal brand - Having adequate knowledge helps an entrepreneur to make the right decisions and drive the growth of the organization.
- Be a self-starter and self-reliant - It is vital for an entrepreneur to start something as he might be the first person to do it and may have no references at all. here, he needs to rely on his analysis and business skills.
- Take on the multiple roles - With an increase in the growth of the organization an entrepreneur's initial role must change into someone who delegates authority and that of a team manager.
- Building relationships - An entrepreneur might be an originator but he needs to interact with secure resources, engage with potential suppliers and customers, or hire and manage employees. Starting and growing a business involves interaction with many people. The ability to build strong relationships is crucial for survival and growth.
- Focusing on the business outcomes - Entrepreneurs with high business focus set goals that are vital to their business and that they can measure objectively. This demand is relevant both in the early and established stages of business.
Read more about the Role of the Entrepreneur:
https://brainly.com/question/1641753
#SPJ4
