1. What are the advantages of being an entrepreneur?
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2. Why do you think people want to be entrepreneurs?
3. Among the Personal Entrepreneurial Competencies (PECs), which is the most
important to you as a future entrepreneur?
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4. What business are you interested to engage- product, or services? Why?
Answers & Comments
1. What are the advantages of being an entrepreneur?
Having flexibility in Schedule, Fulfilling and Boosts Self-Esteem, Getting to Learn New Things,
Creating Wealth for Self and Associated Businesses and Improves the Standard of Living.
2. Why do you think people want to be entrepreneurs?
They often get into entrepreneurship because they question the status quo and wonder if there might be a better way to do things. They may also identify a gap in services, knowledge, or support in their community and decide to address it with a great business idea or an unconventional solution.
3. Among the Personal Entrepreneurial Competencies (PECs), which is the most
important to you as a future entrepreneur?
Key Takeaways. A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill. Growing a business requires a sound strategy based on inherent business sense and skills.
4. What business are you interested to engage product, or services? Why?
Pet products and services. A positive from the COVID-19 lockdowns was the significant spike in pet adoptions. As people sought companionship from dogs, cats, birds and more while social distancing, shelters across the country saw a 700% increase in adoptions and fostering in 2020 compared to 2019.
To care for their new furry friends, many consumers are turning to online retailers and service providers. Pet products like homemade treats and toys are in high demand right now, as are online pet training classes. Channel your love of animals into a pet-focused business that makes consumers’ and pets’ lives better.