ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The primary motivation for becoming an entrepreneur is to make money.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The given statement is false. The primary motivation for an entrepreneur is to build a business on the basis of their ideas. They are motivated by the independence and the flexibility of operating their business. They do this for personal growth and having a sense of accomplishment.

Detailed explanation-2: -The main or basic motive for starting a business is always is to be independent. To work independently in one’s own ways is the primary motivation to start a venture.

Detailed explanation-3: -Money is not the primary motivation for entrepreneurs. Entrepreneurs are primarily driven by the passion to make their mark. The whole idea of bringing fresh business plans into existence deeply fascinates an entrepreneur. It is the chase and the experience that matters most to successful entrepreneurs.

Detailed explanation-4: -Entrepreneurial Motivating Factors Desire to do something new. Become independent. Achieve what one wants to have in life.

Detailed explanation-5: -Entrepreneurial motivation, then, is fundamental in someone’s decision to embark on the journey of creating a business. Motivation is also important to those that entrepreneurs work with and interact with.

There is 1 question to complete.