Question

In: Economics

Describe why people become entrepreneurs and what it takes, personally? What does it take to succeed?

Describe why people become entrepreneurs and what it takes, personally?

What does it take to succeed?

Solutions

Expert Solution

Enterpreneur mean being own boss.enterpreneur is a person who want to do his own business.who likes to take risk.

People become entrepreneurs because they like to work freely.they have business skills.They like adventures.they like to take risk.Those person wants to become his own boss.they didn't like long working hours.sometimes they get motivated with other business tycoon.some person have their dream to become enterpreneur and some persons become entrepreneur by default.they can earn profit as much as they want.they don't want fixed low income.

Higher income and higher fame take it personally.when a person knowns that he can get higher income and he can get fame then he must try to become successful entrepreneur.

To become successful entrepreneur a person must be hard worker.he must have business skill, he must have money to invest in business.he must ready to take risk.he must be motivated.he must like to do business.


Related Solutions

Explain why people take the risks of entrepreneurship; list the attributes of successful entrepreneurs; and describe...
Explain why people take the risks of entrepreneurship; list the attributes of successful entrepreneurs; and describe entrepreneurial teams, intrapreneurs, and home- and Webbased businesses.
What would it take for a third party to succeed in the United States, and why?...
What would it take for a third party to succeed in the United States, and why? Make an argument as to why you think this could be possible - or NOT.
What would it take for a third party to succeed in the United States, and why?...
What would it take for a third party to succeed in the United States, and why? Make an argument as to why you think this could be possible - or NOT.
What does it take to become a Health Psychologist? What are the educational requirements for employment...
What does it take to become a Health Psychologist? What are the educational requirements for employment and practice in Health Psychology?
Entrepreneurs and innovators need to persuade other people to become involved, create effective teams, make new...
Entrepreneurs and innovators need to persuade other people to become involved, create effective teams, make new network connections and negotiate the terms of the resulting relationships.    I. Discuss the concept of positional negotiation/ bargaining (10 Marks, 150 words) II. Discuss the different types of positional negotiation/ bargaining (10 Marks, 150 words) III. Discuss the different flaws and limitations of positional negotiation/ bargaining (10 Marks, 150 words)
Entrepreneurs and innovators need to persuade other people to become involved, create effective teams, make new...
Entrepreneurs and innovators need to persuade other people to become involved, create effective teams, make new network connections and negotiate the terms of the resulting relationships. I. Discuss the concept of positional negotiation/ bargaining II. Discuss the different types of positional negotiation/ bargaining III. Discuss the different flaws and limitations of positional negotiation/ bargaining ​​​​​​
Entrepreneurs and innovators need to persuade other people to become involved, create effective teams, make new...
Entrepreneurs and innovators need to persuade other people to become involved, create effective teams, make new network connections and negotiate the terms of the resulting relationships. I. Discuss the concept of positional negotiation/ bargaining 150 words II. Discuss the different types of positional negotiation/ bargaining 150 words III. Discuss the different flaws and limitations of positional negotiation/ bargaining (150 words
According to the text, why is it important for all to become philosophers? What does this...
According to the text, why is it important for all to become philosophers? What does this even mean? In addition to this question, why should morality be made a priority in one's life? Answer this question using support directly from the textbook.
Design a program that takes the height of 10 people (you need to take the heights...
Design a program that takes the height of 10 people (you need to take the heights and inches) and calculates average height. Based on the average height of these 10 people, determine if this group is better suited to be an MLB team, NBA team, or a group of Jockeys (e.g. Kentucky Derby). The Input should be be inputed Feet, inches and the output should also feet ,inches. This program should also have a loop as to provide the user...
describe an unethical business act that should become illegal. Why should this act become illegal? What...
describe an unethical business act that should become illegal. Why should this act become illegal? What would be the penalties for someone who violates this new business law?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT