INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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must have a very low tolerance for ambiguity.
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almost always own their first business while in their teens.
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come from all age categories and educational background.
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must have a business degree to be successful.
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Detailed explanation-1: -Entrepreneurs come in all ages and from various backgrounds – all types of people can learn to start up a business. Entrepreneurs are doers and thinkers – they like action, but they are also very methodical.
Detailed explanation-2: -Typical Age Range of an American Entrepreneur In fact, about 60% of people who start small businesses are between the ages of 40-60.
Detailed explanation-3: -Using confidential administrative data sets from the U.S. Census Bureau, the team of HBR researchers found that the average age of entrepreneurs at the time of their company’s founding is 42.
Detailed explanation-4: -You can become an entrepreneur at any age because all you need is passion, plans, and a great work ethic. There will never be a perfect age or a perfect time.