An Assessment of the Critical Qualities and Traits for Intending Entrepreneurs

1.0INTRODUCTION Over 510 million young wo custody and 540 million young men live in the world today according to fall in Nations (UN) estimates. This means that approximately one person in quin is between the ages of 15 and 24 years, or that young spate comprise almost 18 percent of the worlds population. Although the proportion of youth in the world is dwindling (by 2025 it is foretaste to fall to 16 percent) their absolute numbers have change magnitude and will continue to do so well in to the twenty-first century. The majority of young people, 85 percent, live in developing countries, with approximately 60 percent in Asia alone. By 2020, the number living in developing countries will sire to about 89 percent. The importance of education and training for an enterpriserial society has been underlined on s invariablyal occasions through joined Nations Declarations and Conventions. ILO Recommendation No. 189, adopted in 1998, refers to enterprisership education as a way of promoting a positive enterprise culture. 1.1 verbalise the process of exploring opportunities Process opportunity is a favourable quarrel posed by the environment which may lead an entrepreneur to enjoy differential advantages such as profits, survival, potentials etc.

It is just a set of business conditions waiting to be perceived and teach by psyche. Dynamic prospecting for environmental opportunities may lead an entrepreneur to start producing a bare-ass product, install a untested method of production, open up a new market, realise a new source or uses of raw materials, raise up an existing enterprise etc. Nigerian business environment is change with lots of challenging opportunities. Opportunities are not in unawares supply, rather, entrepreneurs capable of capitalizing on existing business or of creating new ones are in short supplies. Opportunities are always ever there waiting to be plucked. To take advantage of them, someone must hunt or prospect for them, perceive, capture and make out them.... If you want to get a full essay, order it on our website: Ordercustompaper.com

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