ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name one of the reasons people become entrepreneurs.
A
Feeling insecure
B
They like to be the ONLY one doing everything
C
They are doing what they enjoy
D
None of the above
Explanation: 

Detailed explanation-1: -Their creativity doesn’t fit the corporate environment. They want a lifestyle that isn’t nine-to-five. They’re passionate about learning. They have unconventional ideas. They want to take action. They want to change the world. They embrace opportunity. They seek freedom and control.

Detailed explanation-2: -Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.

Detailed explanation-3: -1) People can become engineers, teachers, or doctors, but I want to become an entrepreneur. 2) I want to be the boss of my own business. 3) I want to become an entrepreneur because I want to experience all the power in my hand. 4) By being an entrepreneur, I can represent my creativity and hard work.

Detailed explanation-4: -Fear of failure Lack of confidence is an entrepreneurship killer. It’s true that the failure rate for new businesses is relatively high, with half of new companies failing within five years. To buck those odds, you’ll need a healthy dose of confidence in yourself and your idea.

Detailed explanation-5: -Be your own boss. Potentially unlimited income. Choose when and where you work. Make a living doing what you love. Constant growth and development. Choose who you work with. Create a positive impact. More items •07-Nov-2021

There is 1 question to complete.