Explain this

Question

Visionary – Entrepreneurs are often motivated by a vision or goal they have for their business and are committed to making it a reality.

Answer 1

The term "visionary" refers to someone who has big ideas and is able to look ahead to the future. In the context of entrepreneurship, a visionary entrepreneur is someone who has a clear goal or vision for their business and is focused on making it a reality. They are driven by their passion for their idea and are committed to doing whatever it takes to turn it into a successful venture. They often have a strong sense of purpose and are willing to take risks, work hard and sacrifice in order to achieve their goals. This vision or goal could be related to the product or service they offer, the impact they want to make, or even the future they envision for their industry or the world as a whole. By staying true to their vision and putting in the effort needed to make it a reality, visionary entrepreneurs can create successful businesses that have a positive impact on society and the economy.