INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They like working corporate jobs
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They like to be the ONLY one doing everything
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They are doing what they enjoy
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None of the above
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Detailed explanation-1: -The main reason most people want to become their own boss is the freedom, satisfaction and flexibility it offers them. Entrepreneurs need to embrace new technology and use it to their benefit to continue growing their startups.
Detailed explanation-2: -Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.
Detailed explanation-3: -It is not about the money. These are the improvements to their life other than money, like being your own boss, choosing your own hours, pursuing your passion. Half of entrepreneurs report such non-pecuniary benefits as one of the primary reasons they started their business.