An Entrepreneur — Entrepreneurship STD 11 Commerce — Question

Systematic means “in an orderly way”. Planning is deciding what action you are going to take in future. All entrepreneurs before going to start an enterprise must make a systematic plan which will help them to prepare an action plan for every area of operation in order to achieve the pre-determined goals and persistence refers a ‘never say die’ attitude, not giving up easily, striving continuously until success is achieved. Entrepreneurs have the determination to persevere in the face of obstacles. Whenever any problem arises he takes the following steps:

• Take action in the face of significant obstacles and challenges.
• Take persistent actions, or switch to an alternative strategy to meet a challenge or obstacle.
• Take personal responsibility for the performance necessary to achieve goals and objectives.

It means after making a systematic planning, whenever an entrepreneur faces certain obstacles/ barriers in business, he continues in his pursuit of excellence and become an effective leader.