INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
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Source of financing
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Target market
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Production process
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Direct competitors
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Detailed explanation-1: -Identifying a customer’s pain points is the first step for entrepreneurs in developing a new product. Julia Austin offers tips for choosing the right “job to be done.” As an entrepreneur, how confident are you that you fully understand your customer’s pain points or their job to be done?
Detailed explanation-2: -A great idea. “No business can develop in the absence of a great idea. Funding and budget. What is your business plan? Legal documentation. Passion. Find the right equipment. Know when you need help. 09-Nov-2022
Detailed explanation-3: -Financing. Lack of Planning. Hiring the right talent. Effective marketing within a limited budget. Self-doubt and uncertainty. Dealing with criticism. Attractive Customers. Making Decisions. More items •31-Dec-2022