Question

is entrepreneurial success more prone to self induced internal harms than adverse events in the market environment?

Answer 1

Yes, the entrepreneurial success more prone to self induced internal harms than adverse events in the market environment and the reason provided below:

1. People with passion and interest on business can be an entrepreneur as entrepreneurs are born and this attitude of challenge should not be given up till the end and this is focused towards own self and when it is worked out they would succeed in the business.

2. Innovation and curiosity are two main characters which are quite needed for a good entrepreneurship and hence taking internal risk is a part of business which an entrepreneur should not avoid even though they meet failures. As where innovation and technology are entrepreneur self-induced internal assessment which leads them to succeed when implemented proper to the business.

3. People with strategic thinking who can look opportunities for growth, figure creative solutions and define the scope can become good entrepreneurs and hence believing in oneself is a core skill for becoming an efficient entrepreneur which would lead them to success.

4. Managing energy, time and having a future vision will definitely lead to success in a long period of time and these are considered to be internal factor which the entrepreneur success is determined.