considered as the personal ability to do things well. They come from the totality of the knowledge, practice or experience, and aptitude of a person. - Skills, refer to the set of cognitive, technical and interpersonal skills required in the practice of entrepreneurship. - Entrepreneurial Skills, refer to the mental ability of the entrepreneur to learn new things, generate new ideas, and express knowledge in both oral and written forms. - Cognitive skills, can help the entrepreneur in making decisions quickly, which is essential in the competitive world of business. - Problem solving skills, Focus mainly on the mechanical or practical aspect of a person rather than his abstract or theoretical thinking. - Technical Skills, are the external replica of a person's cognitive skills. - Technical Skills, The technical skills of an entrepreneur include proficiency and ability, among others, in the following areas: - Information Technology, Feasibility study and business plan preparation, Technical Writing Skills, Marketing Management and Finance , basically about the relationship and interaction of the entrepreneur with the workers, suppliers, creditors, prospective customers, and other members of the business community. - Interpersonal Skills, The interpersonal skills of an entrepreneur may include, among others, the following: - skills in verbal communication, skills in non-verbal communication, skills in listening, skills in leading, skills in negotiating, defined as the combination of entrepreneurial concepts and principles, entrepreneurial character traits and entrepreneurial skills that provide and become the ultimate source of competitive advantage of the entrepreneur. - Entrepreneurial Core Competency, refers to strategic position and condition of the entrepreneurial venture that - Competitive advantage, defined as the combination of entrepreneurial concepts and principles, entrepreneurial character traits and entrepreneurial skills that provide and become the ultimate source of competitive advantage of the entrepreneur. - Entrepreneurial Core Competency, is the sum of your knowledge-beliefs and thoughts about the world and yourself. - Mindset, is a mental attitude or inclination - Mindset, an be shaped by an intentional awareness but are also driven by our experiences. it can be a habit that requires practice. - Mindset, refers to a specific states of mind which orientates human conduct towards entrepreneurial activities and outcomes. Individuals with entrepreneurial mindsets are often drawn to opportunities, innovation and new value creation. - Entrepreneurial Mindset, Give the 5 Dimensions of Entrepreneurial Orientation (AIRCP) - Autonomy, Innovativeness, Proactiveness, Competitive Aggresiveness, Risk taking,
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Chapter 03 entrep
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