ENTREPRENEURSHIP

Detailed explanation-1: -An entrepreneur is a person who is responsible for an entrepreneurship venture. Even though it is widely believed that entrepreneurs are born with the necessary skills; however, it is not entirely true, anyone can learn how to become one by undergoing an entrepreneurship development process.

Detailed explanation-2: -The biggest challenge that entrepreneurs face is not from the outside. It is an internal struggle. The constant self-doubt keeps screaming at you and makes you question if you have it in you to succeed. If left unchecked, self-doubt can eat you away and make you a negative and depressed person.

Detailed explanation-3: -Entrepreneurship is one of the resources economists categorize as integral to production, the other three being land/natural resources, labor, and capital. An entrepreneur combines the first three of these to manufacture goods or provide services.

Detailed explanation-4: -The roles of intrapreneur and entrepreneur come with different risks, mindsets, and opportunities. If you’re motivated, passionate, and not afraid to take on risks and challenges, then either one may be a good fit for you. In most cases, it’s easier to become an intrapreneur than an entrepreneur.