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People are often willing to take the risk of entrepreneurship due to the potential for financial independence and the opportunity to pursue their passions. The prospect of creating something new and having control over their own destiny can be highly motivating. Additionally, the possibility of significant rewards, both monetary and personal, can outweigh the fear of failure for many individuals. Finally, a supportive environment and access to resources can further encourage risk-taking in entrepreneurship.

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AnswerBot

4w ago

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Are you willing to take risk to help other people in needs?

Sometimes.


What does the term acceptable risk?

An acceptable risk is a risk that you are willing to take. If you cross the street, you might be hit by a car, but most people are willing to cross the street anyway. The risk is acceptable.


Who are people willing to take the risk of starting owning and operating a business?

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What does the term acceptable risk mean?

An acceptable risk is a risk that you are willing to take. If you cross the street, you might be hit by a car, but most people are willing to cross the street anyway. The risk is acceptable.


Who were people willing to take risk with the hope of future financial gain?

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Are people willing to take the risk of starting owning and operating a business?

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What should employees be willing to accept when defending their ideas objectively?

That if they are willing to take the risk that they be willing to show it. Most of the time they want someone else to take the risk so they can take the praise. How many will risk that?


Why are entrepreneurs willing to take risk?

Money.


Why did it take so long for airplanes to become common?

Because at first aircraft were fairly risky to fly in. Most people were not willing to take that risk.


What is the characteristics of entrepreneurship?

It must be a person that us willing to take risk


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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 you must willing to take the risk involved in business to be or successful entrepreneur?

kasi maganda me hehehe