thrilled about the many benefits and opportunities of being an entrepreneur. She was told “when you start building a business, you begin a journey or a process. This process has a beginning and an ending and between the beginning and end lays a lot of challenges. You will win only if you remain faithful to the process.” This statement made her apprehensive because she needed to adequately prepare in order to overcome these challenges. In the light of the above: i.            Identify and explain five (5) entrepreneurial skills Madam Samuella Yinmalya needs to possess in her  entrepreneurial venture ? b.         Discuss five (5) challenges of entrepreneurial development she is

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Madam Samuella Yinmalya has just completed a training on entrepreneurship development and is thrilled about the many benefits and opportunities of being an entrepreneur. She was told “when you start building a business, you begin a journey or a process. This process has a beginning and an ending and between the beginning and end lays a lot of challenges. You will win only if you remain faithful to the process.” This statement made her apprehensive because she needed to adequately prepare in order to overcome these challenges. In the light of the above: i.            Identify and explain five (5) entrepreneurial skills Madam Samuella Yinmalya needs to possess in her  entrepreneurial venture ? b.         Discuss five (5) challenges of entrepreneurial development she is likely to encounter in her venture?
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