ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan.

Detailed explanation-2: -Uncertainty in all its forms is a constant companion of the entrepreneur. How well entrepreneurs manage multiple risks and uncertainties determines the success or failure of their new offerings and businesses, and whether their investors will make or lose money.

Detailed explanation-3: -Which of the following is NOT considered a risk of being an entrepreneur? Providing value to others is considered a benefit of being an entrepreneur, not something you have to risk.

Detailed explanation-4: -Funding of capital. Adequate cashflows. Social and family pressures. Interference with personal lives. psychological pressure. Lack of motivation.