5 objectives of an entrepreneur.

An entrepreneur is a person that sets up a business for the aim of making profits and of social benefits to the society. An entrepreneur bears the risks and rewards alone.

The five objectives of an entrepreneur are listed as below.

1) Profit making: This is one of the primary objectives of an entrepreneur and it is a basis on which some other objectives are built, being a source of cash generating to achieve other objectives.

2) Acquiring the right talents and skills; An entrepreneur will like to have the right skills and talent in his team for efficiency, effective and economy purposes.

3) Growth; An entrepreneur aims at growth as the level of profit generated is directly related to the growth attained. The higher the growth, the higher the profit.

4) Sustainability : Another goal is sustainability. He will work towards maintaining his position in the market to ensure going concern. Every business is confronted with competition which can take a business down if not well managed.

5) Online positioning : Taking advantages of online opportunities is critical to success in businesses. He will like to leverage on online opportunities for growth and sustainability.