There are four major traits of entrepreneurs: Passion, Executive intelligence, Customer focus and Tenacity (PECT). Rank the four traits in terms of their importance to becoming a successful entrepreneur. Explain your reasoning behind the #1 rank.

Customer focus is the #1 rank because an entrepreneur is a person who seizes an opportunity in the market, with the goal of provide goods or services to a customer, and obtain economic benefits.

From this reasoning, we can conclude that the success of an entrepreneur depends on satisfying the needs of the customer.

If customers are unsatisfied, they will not seek the entrepreneur's goods or services, and the entreprenuer will fail no matter how much passion, intelligence, or tenacity is put in the work.

Parrain Parrain · Answer 2 · 2022-03-16T16:37:26+01:00

The best ranking according to me, of the traits of entrepreneurs are:

Customer Focus.
Passion.
Executive Intelligence.
Tenacity.

The reason why customer focus is the first and most important is that a business is only as good as the number of customers it has. A business without customers is dead.

The best quality of an entrepreneur therefore is to focus on customers such that they can patronize the entrepreneur's business and give them business success.

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