list and describe the three traits needed to become a successful entrepreneur.

Brief Explanations:

1. Risk - taking: Willingness to take calculated risks to pursue opportunities. Entrepreneurs often face uncertainty, and the ability to assess and take risks can lead to new business ventures and growth.
2. Innovation: The capacity to come up with new ideas, products, or business models. Innovation allows entrepreneurs to differentiate their offerings in the market and meet unmet customer needs.
3. Resilience: The ability to bounce back from set - backs and failures. Entrepreneurship is full of challenges, and resilient entrepreneurs persevere through difficulties, learn from mistakes, and keep moving forward.

Answer:

1. Risk - taking: Willingness to take calculated risks for opportunities.
2. Innovation: Capacity for new ideas and business models.
3. Resilience: Ability to bounce back from failures.