In regard to management prowess, two of the most important factors in this area are the passion that the solo entrepreneur or the management team has for the business idea and the extent to which the management team or solo entrepreneur understands the markets in which the firm will participate.
There are two features that the management prowess have understanding of the market sensitive variables & customers. And the second one is the passion of the leaders of the firm who are going to make a very important decision which might change the fortune of the company.
