Entrepreneurship Characteristics and Competencies

The entrepreneurial characteristic that stand out to me is passion, competency, and the ability to see opportunities where majority overlook. So I will be elaborating on interplay between an entrepreneur’s passion, their ability to recognize opportunities, and the principles of small business management. I find it interesting to see how passion can fuel opportunity recognition and support ones managerial practices that can help a founder grow their business. Finally, I also find it of interest to see how our studies on entrepreneurial ventures apply to biblical applications, showing us how Scripture reinforces these concepts and provides moral and spiritual guidance for Christian leaders entrepreneurial pursuits.

  Entrepreneurial success often is fueled by passion and insight. Passion, can increase effort, resilience, and creativity. Additionally, the ability to recognize opportunities is essential to launching a new business venture. Small business management then puts these elements together to push forward ones business idea, converting vision into an operating business with actual customers. Hence, I will be analyzing how passion and opportunity recognition interrelate within the context of small business management.