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Rajnish SharmaTop Contributor
Content Creator || Android App Developer
Asked a question 4 years ago

What are the pertinent characteristics towards entrepreneurial development ?

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Rajnish SharmaTop Contributor
Content Creator || Android App Developer

Entrepreneurship involves passion, devotion, risk taking, family support and external facilitation. Though these are all pertinent, there could be other characteristics which are missed towards entrepreneurial development. This is a collective search towards collaging the whole fabric of entrepreneurial sustainability.

People who are thinking about starting their own business should understand that successful entrepreneurship involves much more than having a great concept, said Elizabeth Amini, CEO and co-founder of Anti-Aging Games LLC, a company that develops online games to train memory and focus, and an adjunct professor at the University of Southern California's Marshall School of Business.

"Most people think being an entrepreneur is all about coming up with an idea, but that's just one part," Amini told Business News Daily. "It's also important to know, right from the start, how you will reach interested customers in an effective and affordable way."

"Entrepreneurship is much broader than the creation of a new business venture," added Bruce Bachenheimer, a clinical professor of management and executive director of the Entrepreneurship Lab at Pace University. "At its core, it is a mind-set — a way of thinking and acting. It is about imagining new ways to solve problems and create value."