Question Details

Qualities of successful entrepreneur do not include:

Options

A

Initiative

B

Self-confidence

C

Risk avoider

D

Wealth creators

Show Answer

Correct Answer :

Option C

Risk avoider

Solution :

The correct option is Risk avoider.

To understand why this is the correct answer, let us break down the characteristics of a successful entrepreneur:
1. Initiative: Entrepreneurs are self-starters. They do not wait for others to act; instead, they take the first step to identify opportunities and start new ventures.
2. Self-confidence: Believing in one's own abilities, ideas, and decisions is crucial for navigating the uncertainties of running a business.
3. Wealth creators: Entrepreneurs aim to build value, generate employment, and create wealth for themselves, their stakeholders, and the economy.
4. Attitude toward risk: Entrepreneurship inherently involves uncertainty. While successful entrepreneurs are not reckless gamblers, they are risk takers who calculate, manage, and accept risks rather than avoiding them. A "risk avoider" prefers safety and predictability, which is contrary to the entrepreneurial spirit.

Therefore, being a "Risk avoider" is not a quality of a successful entrepreneur.

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