ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Being an entrepreneur isn’t for everyone. It often takes years of hard work, long hours, and no recognition to become successful. A lot of entrepreneurs give up, or fail for other reasons, like running out of money.

Detailed explanation-2: -Entrepreneurship is not for people who cannot stay afloat in hardships, and it is a stressful field that can lead to mental and physical breakdowns. After facing these events, returning to work with the same vigor and drive is crucial to achieving the dream.

Detailed explanation-3: -Entrepreneurship is a good choice of career if you like to be independent and actually contribute something new to society. This is in addition to your personal growth and helping in the development of society.

Detailed explanation-4: -Entrepreneur vs Innovator Innovators create new products, services, or ways of doing things while entrepreneurs turn those ideas into viable businesses concepts. If you believe you have developed a better way of providing a service to a client, for example, then you’re innovating.