Question 6 (11 marks) The founder of TikTok and ByteDance Zhang Yiming is considered a successful entrepreneur. Discuss in detail the following three characteristics of a successful entrepreneur:...

ENTREPRENEURSHIP SKILL
Table of Contents
Introduction    3
Characteristics of a Successful Entrepreneur    3
Entrepreneurial Mind-Set    3
Alert to Opportunities    4
Deal with Uncertainty    4
Conclusion    5
References    6
Introduction
Creativity is the key aspect of entrepreneurship. An entrepreneur is a person who is successful in designing and creating some new ideas and inculcates it in the business processes. It is an important aspect of a good entrepreneur that he is aware of the business and the market requirements. And keeping those aspects in mind his mind he follows his passions.
Characteristics of a Successful Entrepreneur
According to researchers it is evidence that an entrepreneur must possess some vital qualities that makes him a successful entrepreneur. Accordingly, the most discussed essential qualities that an entrepreneur should have is management quality, team building skills and the proper leadership to mobilize his entire team to the zenith of success (Anitha, 2018). Describing an entrepreneurship skill in a person it is evident to note that a person with pure motivation in his heart can lead him to success in this field.
Entrepreneurial Mind-Set
An entrepreneur is guided by his own fashion, ability, experience, education and skill. Apart from this a successful entrepreneur is guided by the motivation factor. It is this factors that insights entrepreneurial mind set in an individual. This particular mindset of an individual drive the entrepreneur instincts with certain aspects of his believes knowledge and thought processes. It is the innate capability of an individual to acquire the ownership of a business and direct it towards future focused goals. A good entrepreneur is...