Entrepreneurial Competency Simplynotes



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Entrepreneurial Competency - Simplynotes Simplynotes
Types of Competencies
The competencies maybe classified into following categories:
1.Personal entrepreneurial competencies
2.Venture initiation and success competencies a) Enterprise launching competencies b) Enterprise management competencies
1.Personal Entrepreneurial competencies
It is the personal characteristics of an individual who possess to perform the task effectively and efficiently.Personal entrepreneurial competencies include the following:
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a) Initiative
The entrepreneur should be able to take actions that go beyond his job requirements and to act faster. He is always ahead of others and able to become a leader in the field of business.He Does things before being asked or compelled by the situation and acts to extend the business into new areas,
products or services.

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