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Revision Notes
Entrepreneurial Motivation — Revision Notes
ICSE · Class 11 · Entrepreneurship
Entrepreneurial Motivation revision notes for ICSE Class 11 Entrepreneurship: 4 topics in quick points. Includes Meaning and Process of Entrepreneurial.
65 questions30 flashcards5 concepts
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Key Topics to Revise
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1. Meaning and Process of Entrepreneurial Motivation
- Entrepreneurial motivation is the inner urge that inspires an individual to start, sustain and grow a business.
- Motivation gives energy, direction, and persistence to entrepreneurial efforts.
- Unsatisfied needs create tension, which generates drives that push individuals to take action.
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2. Types of Entrepreneurial Motivation
- Entrepreneurial motivation is of two types: intrinsic motivation and extrinsic motivation.
- Intrinsic motivation comes from within the individual.
- Extrinsic motivation comes from external rewards and influences.
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3. Intrinsic Motivation: Features and Example
- Intrinsic motivation is driven by internal satisfaction rather than external rewards.
- It is linked to passion for innovation, personal growth, need for autonomy, and sense of purpose.
- Entrepreneurs with intrinsic motivation continue efforts during uncertainty, failure or slow growth because satisfaction comes from the journey itself.
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4. Extrinsic Motivation: Features and Example
- Extrinsic motivation arises from external rewards and influences.
- It includes financial rewards, social recognition, independence, legacy, and family support.
- It is especially useful for starting entrepreneurial action.
Get complete notes with diagrams and examples
Full NotesKey Concepts
Entrepreneurial Motivation is the inner urgeMotivation begins with unsatisfied needsIntrinsic motivation arises from withinExtrinsic motivation arises from external rewardsDavid McClelland proposed that human motivation
Frequently Asked Questions
What are the important topics in Entrepreneurial Motivation for ICSE Class 11 Entrepreneurship?
Key topics in Entrepreneurial Motivation include Meaning and Process of Entrepreneurial Motivation, Types of Entrepreneurial Motivation, Intrinsic Motivation: Features and Example, Extrinsic Motivation: Features and Example. Study these first, then practise questions on each for Class 11 exams.
How should I revise Entrepreneurial Motivation for Class 11 exams?
Learn the core ideas first, then work through the 65 practice questions on Entrepreneurial Motivation. Revise definitions regularly and use flashcards for quick recall before the exam.
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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