ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Independent-minded
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Hardworking
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Either A or B
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None of the above
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Detailed explanation-1: -’Entrepreneurs are daydreamers’ is incorrect. An individual that initiates their own business and bears all the major risks while earning the rewards is an entrepreneur. To commence a new business, an individual needs to be innovative, creative, and confident in their abilities to take the necessary risks.
Detailed explanation-2: -An Entrepreneur is an innovator who brings in new ideas to create a successful business venture.
Detailed explanation-3: -Being afraid to fail. Not making a business plan. Being disorganized. Not defining your market and target audience. Not filing for the proper legal structure. Trying to do everything yourself. Partnering with the wrong investors. Avoiding contracts. More items •21-Feb-2023