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It depends. If you see an opportunity you take it. So if someone decides to be an entrepreneur they probably see a lot of money being able to come in. Mostly people want to become entrepreneurs because of the possible outcome of being wealthy.
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∙ 11y ago
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Why are entrepreneurs willing to take risk?
Money.
Why do you have entrepreneurs?
In this capitalist world, we have entrepreneurs because there is a constant need for business innovation from people with great ideas who are willing to take a risk in building that idea into a reality.
Why are all capitalists entrepreneurs?
Because they take a risk by investing in a business and hope for a profit. Profit is the end result of Capitalism.
What is the debate that men are better entrepreneurs than women?
I would have to say there are more male entrepreneurs then women but as far as quality I have not seen any real difference. I do believe there are more men because they are not quite as afraid to take risk But I see no difference in quality.
Why do entrepreneurs take risks?
Entrepreneurs take risks in order to make money. The bigger the risks they take the bigger the reward. The process is very similar to investors.
Why are entrepreneurs willing to take risk?
Money.
Why do you have entrepreneurs?
In this capitalist world, we have entrepreneurs because there is a constant need for business innovation from people with great ideas who are willing to take a risk in building that idea into a reality.
How do entrepenuers take a risk?
Entrepreneurs take a risk by trying to be the first in a particular field or with a particular project. These people are often responsible for generating all of the money required to start the project or business.
Who are to be called as entrepreneurs?
Entrepreneurs are those who take financial risk in order to make their ideas come to life. They are people who start a business in a hope of making a cutting edge product marketable to the rest of the population.
Why are all capitalists entrepreneurs?
Because they take a risk by investing in a business and hope for a profit. Profit is the end result of Capitalism.
Why entrepreneurs fail?
if he is not self directed if he is not ready to take any risk? if he is not a good planner if he doesn't bear the stresses etc...
Is it true entrepreneurs take risk just for the sake of taking them without carefully analyzing what steps can be taken to decrease the risk to a moderate level?
It's not. Entrepreneurs carefully examine the environment and plan, because they are taking on big risks. The big risks are not the motivation, but the downside of entrepreneurship. The high risks allow big payoffs.
What is the debate that men are better entrepreneurs than women?
I would have to say there are more male entrepreneurs then women but as far as quality I have not seen any real difference. I do believe there are more men because they are not quite as afraid to take risk But I see no difference in quality.
What are the risks entrepreneurs have to take?
The same risk any other business must take to get started except a entrepreneur will not let anyone get in their way and will always find away to get past each wall as they approach them.
Why do entrepreneurs take risks?
Entrepreneurs take risks in order to make money. The bigger the risks they take the bigger the reward. The process is very similar to investors.
Why do we need entrepreneurs?
In economics, there are four basic types of resources: land (natural resources), capital (tools, machinery), labor, and entrepreneurial ability. People who have entrepreneurial ability -- entrepreneurs-- are essential to the economy. Entrepreneurs perform several key functions: 1) Entrepreneurs take initiative to combine land, capital, and labor to produce goods and services. Their initiative is the driving force of production.2) Entrepreneurs make basic decisions about business policies.3) Entrepreneurs are innovators. They create new products, new production techniques, and new forms of business organization. This innovation helps the economy grow.4) Entrepreneurs bear the risk of starting businesses. They expend their time, efforts, and abilities without being sure that they will profit from it.
Who Are businessmen who take on and guide production?
Entrepreneurs
