ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -One survey from New York Enterprise Report found that small business owners work twice as much as regular employees. It also found that 33% of small business owners reported working more than 50 hours per week, and 25% said they work more than 60 hours a week.

Detailed explanation-2: -The main reason behind these long hours is that entrepreneurs care about their companies and usually do not wish to delegate their workload to someone else. As a result of this, they spend the majority of their days working. Of course, not everyone works that many hours.

Detailed explanation-3: -They typically create a business plan, hire labor, acquire resources and financing, and provide leadership and management for the business. Entrepreneurs commonly face many obstacles when building their companies.

Detailed explanation-4: -Establish a morning routine. Regardless if you wake-up at four am or 10 am, entrepreneurs generally kick-off their day by doing the same thing. The successful entrepreneur creates a routine which could be waking-up, slamming down a glass of water, exercising, eating breakfast, and reading.