Why it is important for an entrepreneur to have high self-confidence?

QUESTION

Why it is important for an entrepreneur to have high self-confidence?

A) Confident people tend to have more money.
B) Confidence is needed to act decisively.
C) An entrepreneur needs to be able to succeed at any business.
D) Entrepreneurs need motivation.
E) Entrepreneurs need to be hardworking.

ANSWER

Answer: B
Explanation: B) Many traits are necessary for an entrepreneur to be successful. Specifically, an entrepreneur needs to have confidence in order to act decisively.