The word "entrepreneur" was derived from the French verb

Enterprendre which means

Entrepreneurs are 

which means he can classify opportunities and seize

doing things even before being told.

meaning that he can entice people to buy even if they don't want to.

an entrepreneur must be firm in making decisions

an entrepreneur must have a convincing power.

an entrepreneur has the courage to pursue business ideas

They are those who don't create new things but only follow the ideas of other entrepreneurs.

They are skeptical about changes to be made in the organization. They don't initiate but follow only after they are satisfied.

leads to the identification ofentrepreneurial opportunities, whichin turn results in the opening of anentrepreneurial venture.

Creation ofentrepreneurial Ideas, Identification ofentrepreneurial Opportunities, Opening ofentrepreneurial Venture

This allows the entrepreneur to see things in a very positive and optimistic way in the midst of difficult situation.Being a risk - taker, an entrepreneur can find solutions when problems arise.

Entrepreneurs are driven by passion;they are attracted to discover satisfaction in the act and process of discovery. Passion is the great desire of an entrepreneur to achieve his/hergoals.

This refers to the ability of the entrepreneur of being intuitive. This also known as intuition. The gut game also means confidence in one’s self and the firm belief that everything you aspire can be reached.

Entrepreneurial ideas arise when changes happen in the external environment. A person with anventrepreneurial drive views these changes positively.

refers to the physical environment, societal environment, and industry environment where the business operates.

The physical environment includes

The Societal environment includes the various forces like

includes all the laws, rules, and regulations that govern business practices as well as the permits, approvals, and licenses necessary to operate the business.

customs, lifestyles and values that characterize a society.

The Industryenvironment of the business includes:

A person with entrepreneurial interest sees possibility of business opportunities in any new discovery or because of the use of latest technology.

The priorities, projects, programs, and policies of the government are also good sources of ideas. 

The interest, hobbies, and preferences ofpeople are rich sources of entrepreneurial ideas, like the increasing number of Internet Cafés at present could lead to the strong attachment of young people to computers

The expertise and skills developed by a person who has worked in a particular field may lead to the opening of a related business enterprise. 

It is also known as the “five forces ofccompetition”. An industry environment is a competitive environment. Regardless of what product or services you have, competition is always present. 

it is the act or process of trying to get or win something. For example, the prices are lower when there is a competition among the stores. 

are the ones that pay cash in exchange for your goods and services. 

is defined as companies or businesses that have the ability to penetrate or enter into a particular industry.

is a state or situation wherein business organizations are competing with each other in a particular market. 

is one that serves the same purpose as another product in the market. 

are the one that provide something that is needed in business operations such as office supplies and equipment.

is a business or marketing statement that summarizes why a consumer should buy a company's product or use its service. This statement is often used to convince a customer to purchase a particular product or service to add a form of value to their lives. 

divided based on consumers

• One of the most reliable and credible ways of getting relevant information from target customers. 

• Done in person between the researcher/entrepreneur and a respondent where. the researcher asks pertinent questions.

• Normally last from 15 to 40 minutes.

• Personal interviews allow the researcher to establish relationships with potential participants and therefore gain their cooperation. It generates the highest response rates in survey research.

An excellent method for generating and screening ideas and concepts.

• It can be moderated group interviews and brainstorming sessions that provide information on user's needs and behaviors.