1. Evaluate the different entrepreneurial characteristics under PEC's. How does applying similar characteristics help us succeed in other areas of life? Explain your answer by giving examples.
A.Vigilance for opportunities
B.commitment to work contact
C.persistence
D.Willingness to take risks
E.Demand for efficiency and quality
F.Goal setting
G.Information seeking
H.Systematic Planning and monitoring
I.Persuasion and networking
J.Self confidence
The success of a business person greatly depends on a certain set of characteristics, what more when we apply it in other areas of life. These traits can help us to reach our goals.
For example, In our reaching our dreams we need to become a vigilant, persistent and willing to take the risk. We need to grab the opportunity that the other people giving to us, for us to take advantage, to shortened our long term goals. We need to be strong when we overcoming failures and downfalls for us to remain standing and face the certain challenges for the future. We need to have our self confidence to become more sociable to the other people.
2.Explain how having the personal entrepreneurial competencies can help you become a successful entrepreneur.
This can help me, by having those traits and characteristics. I can say that 10 years from now I can see my self owning a big company that have a lot's of branches abroad. PEC can help me to reach my target and to strive more. When I feel downfalls instead of giving up and losin patience, I will remain standing and look up chances to improve my self
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