INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Only rich people
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Only business people
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anyone with an idea
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only smart people
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Detailed explanation-1: -Yes, anyone can be an entrepreneur, but not everybody is going to have the same level of success. Entrepreneurship takes a lot of experience, determination and sometimes education. There are no prerequisites to becoming an entrepreneur, though, and there are successful entrepreneurs from every demographic.
Detailed explanation-2: -They often get into entrepreneurship because they question the status quo and wonder if there might be a better way to do things. They may also identify a gap in services, knowledge, or support in their community and decide to address it with a great business idea or an unconventional solution.
Detailed explanation-3: -Entrepreneurs’ business ideas can come from their daily lives. For example, they commercialize their hobby. Or, they observe the problems people face and then offer products to provide them with solutions. Basically, business ideas are plentiful, and it’s not hard to find them.