Achieving Success Through Determination and Courage

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What is the primary focus of an entrepreneurial organisation?

Maximizing profits
Providing value to the consumer (correct)
Reducing operational costs
Increasing market share

How does Abraham Maslow describe an entrepreneur?

A risk-averse planner
A market researcher
A 'here-now' creator, an improviser (correct)
A profit-driven manager

What is the mindset of an entrepreneur towards obstacles?

They view obstacles as opportunities for growth
They will not talk of obstacles but challenges (correct)
They view obstacles as insurmountable challenges
They talk about obstacles and let them discourage them

What is the key characteristic of an entrepreneur according to the UNDP definition?

Identifying an innovation to seize an opportunity (A) Signup and view all the answers

What is the primary goal of an entrepreneurial leader?

To provide value to the customer (C) Signup and view all the answers

How does an entrepreneur approach failure?

They are aware of the possibility of failure but do not let it preoccupy them (A) Signup and view all the answers

What is the recommended approach to dealing with fear according to the text?

Balancing the wisdom of Chu Chin-Ning and the realism of Mark Twain (A) Signup and view all the answers

What is the role of fear in the pursuit of success, according to the text?

It is a natural emotion that guides the ambitious (C) Signup and view all the answers

What is essential to achieve success in any aspect of life?

Showing full determination and staying power (A) Signup and view all the answers

What is the consequence of lacking patience in one's plans?

It disrupts even the best plan (B) Signup and view all the answers

What is the key to achieving victory over an opponent, according to Chu Chin-Ning?

Psychological dominance (D) Signup and view all the answers

What is required to overcome trials and temptations along the way to achieving one's goals?

Being patient and perseverant (D) Signup and view all the answers

What is the relationship between innovation and change, according to Esiomo?

Innovation has to do with changes leading to improvement (D) Signup and view all the answers

What is the result of mastering fear, according to the text?

Success in overcoming obstacles (A) Signup and view all the answers

What is the ultimate objective of showing determination and staying power in one's pursuits?

To reach the point of victory and achieve happiness and fulfillment (D) Signup and view all the answers

What is necessary to make progress towards one's goals?

Making an effort to think, work hard, and take action (A) Signup and view all the answers

What is the key to achieving success, despite the potential consequences of failure?

Showing courage and being spurred by the potential gains of success (B) Signup and view all the answers

What is the result of staying committed to one's ambition and overcoming obstacles?

Happiness, joy, fame, self-satisfaction, glory, and honour (B) Signup and view all the answers