Some characteristics of entrepreneurship are:
- Entrepreneurship identifies new business opportunities to create valuable offerings.
- It shows strong personal initiative to drive venture activity consistently.
- It takes calculated risks to pursue profitable growth in competitive markets.
- It adapts strategies quickly to fit changing customer and market conditions.
- It delivers measurable results that prove the venture’s ability to create economic value.
- It builds customer relationships effectively to strengthen long-term market presence.
- It manages business operations efficiently to maintain smooth daily functioning.
- It explores new market possibilities regularly to expand growth opportunities.
- It commits to continuous learning to improve entrepreneurial decision-making.