WHAT ARE THE KEY CONCEPTS IN ENTREPRENEURSHIP?
An entrepreneur is a person who generates a small idea and builds an organization by taking several risks. They go through different phases of life to accomplish their organizational goals. They generate employment, create new products and services, contribute to the economy, and satisfy their customers.
Here is a list of key concepts that driven individuals utilise for successful entrepreneurship.
HAVE A LOOK :-1. Risk-Taking Concept 2. Opportunist Concept 3. Uniqueness Concept 4. Target Audience Identification Concept 5. Organisation and Development Concept 6. Marketing and Branding Concept 7. Sales Concept 8. Financial Management Concept 9. Performance Measurement Concept
When establishing a business, an ordinary person always comes up with some determination to take the business to the next level. They use the above-mentioned key concepts to become successful.
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