Succeeding in the World of Work

Section 1: What Is Entrepreneurship?

After You Read Section Review Answers

Review Key Concepts

1. Traits common to entrepreneurs include motivation, sight, foresight, and the ability to make effective decisions. Explanations should reflect an understanding of the common traits.
2. Disadvantages might include competition, long hours, financial risk, and no guarantee of success.
3. Possible answer: Entrepreneurship appeals to me because the idea of creating a business from your own ideas, talents or goals would be really satisfying.

4. Students should address each question and support their answers with detailed explanations that demonstrate their understanding of entrepreneurial trait.
5. Answers should reflect an understanding of the challenges of entrepreneurship.