Entrepreneurial Personality Traits and Behaviors, psychology homework help

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Humanities

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Primary Task Response: Within the Discussion Board area, write 1,000 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Describe yourself in entrepreneurial terms using the ideas that are discussed in your reading. Choose at least 5 attributes from the following list:

  • Focused and committed
  • Positive outlook
  • Opinionated
  • Impatient
  • Likes simplicity
  • Autonomous
  • Aggressive
  • Copes well with uncertainty
  • Aloof
  • Opportunistic
  • Problem solver

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Explanation & Answer

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Primary Task Response
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PRIMARY TASK RESPONSE

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Entrepreneurship is gaining a lot of popularity as people are seeking to start and manage
their own business ventures. An entrepreneur is a person who invests capital to establish a
business. He or she takes the risk of starting a venture that may or may not succeed. The
entrepreneur is charged with the responsibility of managing the business. An entrepreneur makes
all the decisions that pertain to the business. He or she is motivated by the fact that after the
break even period the business will start earning profits. For an entrepreneur to be successful he
or she must have certain qualities.
I aspire to start my own business venture in the future. I will be successful because I have
certain qualities that will help me manage my business. I am aggressive, focused and committed
and a problem solver. I am also able to cope with uncertainty and am opportunistic. In business, I
should be aggressive. Aggressiveness is a quality that will help me in starting my business.
Being aggressive requires someone to have the initiative to implement ideas. This will help me to
effectively counter my competitors. In business, a calm and collected attitude is not always
helpful.
Aggressiveness will enable me to go out of my way so that I can determine market gaps
and utilize them so that my business can be successful. Aggressiveness will help me to be
innovative so that is can beat my competitors (Ofori-Dankwa, and Omane-Antwi, 2015). I need
to remain on top of my game in my business. My business venture will be competitive and I will
also be able to motivate those under me to be aggressive. The sales will go up if I have an
aggressive marketing team. This quality will help me to always be willing to give a business
another chance despite the challenges.

PRIMARY TASK RESPONSE

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I am focused and committed to what I put my mind to. This will help me as an
entrepreneur as I will be able to focus on my business. I should be committed to making my
business succeed despite the economic crisis and hard times. I will remain committed to my
business’ vision so that despite how big my business grows I will not be taken away. I will
devote my time and resources to the business. I will seek to focus on business goals and ensure
that I achieve them.
More so there are hard times in the business world and that is why I should be more
committed to my business. My commitment will be tested over and over by the down times the
business. As an entrepreneur, I should stick to my business through the good and bad times
(Naidu, and Rao, 2010). I will focus the success of a single venture rather than focusing on
multiple ventures that will make me get confused. If I am going to start a business I will focus on
the business line that I have passion in me. This will make it easier for me to focus and remain
committed because the business will be my lifeline.
I have problem-solving skills that wi...


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