5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Ch 3 Enterprise, business growth and size

Moderators: Salman Khalid, Syed Mustafa Ali

ayyan ali
Enterprise Emperor
Posts: 112
Joined: Mon Oct 23, 2023 6:23 pm
Been thanked: 2 times

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by ayyan ali »

[kn]Investment and growth.
[AN]entrepreneur who take financial risk are wiliind and able to invest in the business to growfor assets or for higer talent
[AN+]thus increase the market shae and revenue and have financial setbacks
[KN]build a sTRONG network
[AN]effective communication is vital fo uilding strong realation sips with investors and employees an also with mnagers so that they can convey their work and support confidently.
[AN+] THUs this could lead to access i fund raisi ng and mentorships and better strategies of partners .
Abbas17
Trade Titan
Posts: 84
Joined: Mon Oct 23, 2023 3:19 pm

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by Abbas17 »

(KN) Risk taking allows the entrepreneur to be more innovative
(AN) in sense that, they are able to do confidently invest more into the business as well as create/produce innovative goods and services,
(AN+) hence, because of this, an entrepreneur will be able to benefit from it in the form of customer satisfaction as well as an increase in the brand's image.

(KN) Good communication allows entrepreneur to convey their ideas more effectively and communicate better with customers.
(AN) this could be indeed beneficial in such that entrepreneurs will need to convey their ideas to the shareholders to persuade them, so they can invest in the business, as well as the fact that good communication can lead to more customer loyalty,
(AN+) hence, because of this the entrepreneur could encourage shareholders to invest as well as persuade consumers to buy their business's products, which could result in more sales revenue.
Areena
Trade Titan
Posts: 98
Joined: Tue Oct 24, 2023 3:08 pm
Has thanked: 1 time

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by Areena »

[Kn] good risk taker
[ an] if the enterpreneur is risk taker it will help him to take decisions more confidently without any hassitation which will help business acheiving opportunities
[An+] hence helps in expansion more quickly

[Kn]good communicator
[An] enterperneur being a good communicator will lead in a democratic way
[An+] which will helps in achieving in more ideas and innovations and increse there sales
Syed Mustafa Ali
Grand Commerce Guru
Posts: 238
Joined: Mon Oct 23, 2023 10:07 pm
Location: Pakistan
Has thanked: 1 time
Been thanked: 3 times

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by Syed Mustafa Ali »

Ibrahim Aamir wrote: Sun Oct 29, 2023 1:12 pm [KN] Risk taker
[AN] potential growth for the business . when the entrepreneur is taking risk for his business it will open ideas for them
[AN+] this would lead to higher chances of successful business


[KN] good communicator
[AN] this would help them get investors to invest in their business as they would be about to convay message and idea effectivity
[AN+] this would lead to higher chances of an successful business
The point lacks proper structure and contains grammatical errors. A more accurate version could be: "Being a good communicator can assist entrepreneurs in attracting investors to their business, as they would be able to effectively convey their message and ideas. This, in turn, increases the likelihood of a successful business."
Syed Mustafa Ali
Grand Commerce Guru
Posts: 238
Joined: Mon Oct 23, 2023 10:07 pm
Location: Pakistan
Has thanked: 1 time
Been thanked: 3 times

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by Syed Mustafa Ali »

khuram khan wrote: Sun Oct 29, 2023 11:55 pm [KN] a good communicator would listen to others opinions which leads to better ideas
[AN] these ideas could help prosper the business
[AN+] which ultimately leads in more sales and revenue

[KN]a good risk taker is will be able to invest more confidently
[AN] this would help the business capture opportunities they would've instead missed if the entrepreneur was not a risk taker
[AN+] this would help the business grow and expand as it would invest further with more amounts
ANSWER COPIED FROM A MODERATOR (SALMAN KHALID)
Syed Mustafa Ali
Grand Commerce Guru
Posts: 238
Joined: Mon Oct 23, 2023 10:07 pm
Location: Pakistan
Has thanked: 1 time
Been thanked: 3 times

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by Syed Mustafa Ali »

ayyan ali wrote: Mon Nov 06, 2023 6:03 pm [kn]Investment and growth.
[AN]entrepreneur who take financial risk are wiliind and able to invest in the business to growfor assets or for higer talent
[AN+]thus increase the market shae and revenue and have financial setbacks
[KN]build a sTRONG network
[AN]effective communication is vital fo uilding strong realation sips with investors and employees an also with mnagers so that they can convey their work and support confidently.
[AN+] THUs this could lead to access i fund raisi ng and mentorships and better strategies of partners .
Ayyan you really have to improve the way you answer your questions or it might result in making you get less marks in the future
Huma Junaid
Corporate Commander
Posts: 65
Joined: Sun Oct 22, 2023 10:58 pm

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by Huma Junaid »

[KN]Adaptability
[AN]can foresee upcoming challenges
[AN+] increased competitiveness

[KN]leadership
[AN]This fosters a culture of trust and respect within the organization.
[AN+] leading to job satisfaction and loyal employees
hafsa kashif
Grand Commerce Guru
Posts: 156
Joined: Mon Oct 23, 2023 5:36 pm

Re: 5 Analyse how an entrepreneur can be successful by being risk-taker & a good communicator. [6]

Post by hafsa kashif »

[KN] Confidence
[AN] When entrepreneurs are willing to take calculated risks, it often reflects a belief in their business ideas and strategies. This self-assuredness can inspire trust in potential investors, customers, and partners
[AN+] People are more likely to support or collaborate with entrepreneurs who appear confident in their vision
[KN] Innovation
[AN] Innovation is closely tied to problem-solving. It aims to identify and address challenges or inefficiencies in new and better ways
[AN+] Innovation implies change and the willingness to depart from established norms. It can involve modifying existing practices or introducing entirely new concepts
Post Reply

Return to “Ch 3 Enterprise, business growth and size”