ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Because options are limited for creative enterprises.
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Because the government discourages entrepreneurs.
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Because people do not trust entrepreneurs.
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Because you often use your own personal wealth to fund initial costs.
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Detailed explanation-1: -Hence, we define the reluctant entrepreneur as: One who creates a new business in the face of risk and uncertainty for the purpose of achieving constant income because he/she does not have a better alternative.
Detailed explanation-2: -Lack of Focus Entrepreneurs are known for constantly brainstorming and having new ideas on how they can capitalize and make more money. While having these unique ideas are a good thing, they can become overwhelming if you lack enough focus to narrow down your options to the ones with the most potential.
Detailed explanation-3: -Financial limitations. Inexperience. No standout idea. Current responsibilities. Fear of failure. Aversion to stress or hard work. Poor timing. The Realities of Entrepreneurship. 20-Oct-2020