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An entrepreneur makes a profit by creating and selling goods or services for more than the cost of production. This involves identifying market needs, developing a business model, and effectively managing expenses while maximizing revenue. Additionally, successful entrepreneurs often innovate and differentiate their offerings to attract more customers, ultimately leading to increased sales and profitability.
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What best explains why an entrepreneur would want to start a business?
The entrepreneur hopes to earn a profit.
Why would an entrepreneur want to start a business?
The entrepreneur hopes to earn a profit and hopefully do something he or she is passionate about.
Who is a successful Entrepreneur?
Someone who sees an opportunity to make a profit and is willing to risk his or her money to gain that profit
What does it take to be an entrepreneur?
The will to take the financial risk makes you the entrepreneur.
Person who starts a new business hoping to make a profit?
A person who starts a new business is an entrepreneur.
What is the difference between a social entrepreneur and a regular entrepreneur?
A regular entrepreneur is someone who is willing to take risks to make a new venture for profit.. while a social entrepreneur has that in mind, but what makes him or her different is that he/she has a vision to make this venture not only a profitable one, but a venture that can help society for the good.
A risk taker in profit is known as?
entrepreneur
What best explains why an entrepreneur would want to start a business?
The entrepreneur hopes to earn a profit.
What is the salary of entrepreneur?
An entrepreneur is a person who starts his own business as opposed to someone who works for somebody else's business. Therefore, the entrepreneur's income is not based on a pre-determined salary but on the amount of profit the business earns and how much of the profit the entrepreneur decides to keep for himself.
Why would an entrepreneur want to start a business?
The entrepreneur hopes to earn a profit and hopefully do something he or she is passionate about.
Who is a successful Entrepreneur?
Someone who sees an opportunity to make a profit and is willing to risk his or her money to gain that profit
What does it take to be an entrepreneur?
The will to take the financial risk makes you the entrepreneur.
Person who starts a new business hoping to make a profit?
A person who starts a new business is an entrepreneur.
What do you call a risk taker who starts a business in search of profit?
entrepreneur
What is a tobacco entrepreneur?
Someone who sells tobacco for huge amounts of profit.
What are the charms of being entrepreneur?
You can run your own buisness and get a lot of the profit.
Person who starts a new busimess hoping to make a profit?
An entrepreneur
