4th assignment, PECs. Deadline: June 16, 2011.

1. Evaluate the different entrepreneurial characteristics under PEC's. How does applying similar characteristics help us succeed in the other areas of life? Explain your answers by giving examples.
2. Explain how having the Personal Entrpreneurial Competencies can help you become a successful 
entrepreneur.


Answers: 


1. The different entrepreneurial characteristics under PECs are: Vigilance for opportunities, Persistence, Commitment to work contract, Demand for quality and efficiency, Goal Setting, Willingness to take risks, Persuasion and Networking, Self Confidence, Information seeking, Systematic Planning & Monitoring. :) 
These characteristics help us succeed in other areas of life when we apply it, it makes us more successful as an entrepreneur. For example, if you want to start a business, you would need to be a systematic planner, risk taker, goal setter, self confident, so on and so forth. When you apply these entrepreneurial characteristics in your business, you will become successful. 


2. It can help me become a successful entrepreneur by guiding me. It's like guidelines for me, to follow these, I will become successful. It will help me in making my business more triumphant and prosperous. :) 


^This is my homework. :) 

--Lisette.