INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
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gain prestige, realize financial rewards, and eliminate risk in their lives
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do what they were “born” to do, be their own boss, and gain prestige
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take big risks, be their own boss, and do what they were “born” to do
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be their own boss, pursue their own ideas, and pursue financial rewards
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Detailed explanation-1: -Be their own boss: Entrepreneurs have full control over the enterprise. Pursue their own idea: People become entrepreneurs to work on their interests and create a business using their unique ideas.
Detailed explanation-2: -Discuss three main reasons people decide to become entrepreneurs The three primary reasons that people decide to become entrepreneurs and start their own firms are as follows: to be their own boss, to pursue their own ideas and to realize financial rewards.
Detailed explanation-3: -According to entrepreneurs, three factors are most important for enabling a company’s growth: access to markets, the supply of human capital (i.e. people with the right skills for the job) and access to funding.
Detailed explanation-4: -1) To have financial freedom. 2) To solve a problem and do it better than anyone else. 3) To pursue your passion and purpose. 4) To have a flexible work schedule. 5) To give back to the community and make an impact. 09-Nov-2021
Detailed explanation-5: -Freedom to pursue your passion. Create generational wealth. Support community, non-profits, and other social efforts. Turn a side-project into something more. More items •05-Apr-2022