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An entrepreneur is either entering an established field, for example, you open a pizzeria, or you are trying to create a new field, for example, a device whose purpose is to repel pigeons. If you are in an established field then you have to compete with the other businesses that already exist in that field. People already have many, many places where they can eat Pizza, and there is no guarantee that they will want to eat at your place rather than one of the existing places. And if you have a new product, there is no guarantee that it will be in demand. Maybe there are very few people who are concerned about repelling pigeons. So there are risks in either case. In addition, there are lots of regulations from all 3 levels of government, which include tax laws, employment laws, zoning regulations, etc., to make your life more complicated. Running any kind of business tends to be expensive and you have no guarantee of making a profit.
What else can I help you with?
Define the role of a entrepreneur?
solving unmet needs and solving problems of [specific DEMOGRAPHIC] customers.
What problems bahamian farmers face?
they face lack of irrigation
What is the difference between a commercial entrepreneur and a social entrepreneur?
what is the difference between a comercial entrepreneur and social entrepreneur
What problems did the Asian countries face as the worked toward economic development?
financial problems
Why is determination an important quality of an entrepreneur?
Determination is crucial for entrepreneurs because it drives them to persist in the face of challenges and setbacks, which are inevitable in business. This quality enables them to maintain focus on their goals, adapt to changing circumstances, and find innovative solutions to problems. Moreover, a determined entrepreneur inspires their team and stakeholders, fostering a culture of resilience and commitment that can lead to long-term success. Ultimately, determination can differentiate successful entrepreneurs from those who give up when faced with difficulties.
What should you expect at USMC boot camp?
You can expect blood, sweat, and tears. If completed successfully, you can expect to be the best fighting machine on the face of the earth.You can expect blood, sweat, and tears. If completed successfully, you can expect to be the best fighting machine on the face of the earth.You can expect blood, sweat, and tears. If completed successfully, you can expect to be the best fighting machine on the face of the earth.You can expect blood, sweat, and tears. If completed successfully, you can expect to be the best fighting machine on the face of the earth.You can expect blood, sweat, and tears. If completed successfully, you can expect to be the best fighting machine on the face of the earth.You can expect blood, sweat, and tears. If completed successfully, you can expect to be the best fighting machine on the face of the earth.
What are the problem facing entrepreneur?
Entrepreneurs will face many problems in their career, some of which involve their product or service, while others is about managing the business, and others is about marketing their business. Some of the problems entrepreneurs will face are:Is your business needed in this area?How many other companies are in the same feild as yours?Can you compete?Could you do better elsewhere?
What are the problems face by entrepreneur?
Entrepreneurs will face many problems in their career, some of which involve their product or service, while others is about managing the business, and others is about marketing their business. Some of the problems entrepreneurs will face are:Is your business needed in this area?How many other companies are in the same feild as yours?Can you compete?Could you do better elsewhere?
What are the features of an entrepreneur?
being focused on solving, ethically, people's [customer's] problems.
What are the features of entrepreneur?
being focused on solving, ethically, people's [customer's] problems.
What problems do the Amish face?
what problems to the amish population face
Why manager can not be entrepreneur and why entrepreneur can be manager?
A manager is mostly into managing the business operations and do not go beyond that, he/she might be an employee but an entrepreneur is an individual who owns the business, generate ideas, develop them, implement them, operate them and understand the risks and ready to face them. Thus, an entrepreneur can be both but a manager can not, he/she ( the manager) is only at the managerial post.
What are some of the problems you would expect with a used Volkswagen Passat?
A few problems you would expect with a used Volkswagen Passat are problems with the fuel system, braking system, and engine.
What troubles will an entrepreneur face if she or he tracks only cash and ignores profits?
A shortfall next year.
What problems did the face?
what problems did the face what...? Sorry i don't speak stupid!! speak english!
Define the role of a entrepreneur?
solving unmet needs and solving problems of [specific DEMOGRAPHIC] customers.
What problems did Hinduism face?
No problems at all.
