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J837 - TA1

Characteristics, risk and reward for enterprise

TermDefinition
Creativity A characteristic of successful entrepreneurs; Generating original and imaginative ideas or solutions.
Innovation A characteristic of successful entrepreneurs; Introducing new or improved methods, products
Risk-taking A characteristic of successful entrepreneurs; Willingness to take chances and embrace uncertainty
Communication A characteristic of successful entrepreneurs; Exchanging information and ideas effectively
Negotiation A characteristic of successful entrepreneurs; Discussions to reach agreements or resolve conflicts.
Confidence A characteristic of successful entrepreneurs; Belief in oneself and abilities to achieve desired outcomes.
Determination A characteristic of successful entrepreneurs; Persistence and drive to overcome challenges
Financial Gain A reward for risk taking with Increasing wealth or monetary benefits.
Gaining independence A rewards for risk taking; achieving freedom and self-reliance.
Self-satisfaction A rewards for risk taking; Fulfillment and happiness from personal achievements.
Making a difference A rewards for risk taking; Creating positive impact or contributing to a meaningful cause.
Financial loss A drawback from risk-taking; Decrease or depletion of financial resources.
Health/Wellbeing Issues A drawback from risk-taking; Challenges or concerns related to physical or mental health.
Work-life balance A drawback from risk-taking; Equilibrium between professional and personal life.
Personal relationships affected A drawback from risk-taking; Impact on connections with family, friends, or loved ones.
Created by: weirdog
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