Scribd
Upload
419 views1 page

Elements of Entrepreneurship

This document outlines the key elements of entrepreneurship, including observing opportunities, identifying activities to pursue, taking steps to implement activities, gathering necessary tools, and receiving profits. It also lists the main resources needed by entrepreneurs, such as ideas, knowledge, skills, energy, labor, money, equipment, materials, and time.

Uploaded by

Vroom Bright
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
419 views1 page

Elements of Entrepreneurship

This document outlines the key elements of entrepreneurship, including observing opportunities, identifying activities to pursue, taking steps to implement activities, gathering necessary tools, and receiving profits. It also lists the main resources needed by entrepreneurs, such as ideas, knowledge, skills, energy, labor, money, equipment, materials, and time.

Uploaded by

Vroom Bright
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

ELEMENTS OF ENTREPRENEURSHIP

1. Observing the environment


2. Identifying something that can be done
3. Taking steps to do it and to get a benefit out of it
4. Gathering the necessary tools needed to accomplish the activity
5. Implementing the activity, when necessary, tools needed are ready
6. Receiving rewards for the activity done in form of profits

Resources Needed by An Entrepreneur

1. Ideas
2. Knowledge
3. Skills
4. Energy
5. People(labor)
6. Money
7. Equipment
8. Material
9. Time

You might also like