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Do you believe that everyone is an entrepreneur?

No. Some people are more comfortable as an employee, since entrepreneurship comes with a lot of risks, responsibilities and uncertainty.


What would most likely result in an entrepreneur improving the profitability of his or her business?

The entrepreneur comes up with a more efficient way to make products.


What problems can an entrepreneur expect to face?

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.


How can an entrepreneur give his or her firm a competitive advantage?

An entrepreneur can give his or her firm a competitive advantage by attempting to establish a unique image for their company. This unique image will help set the entrepreneur's business apart from their competition, thus driving more sales to their company over their competitors'.


Who is a novice entrepreneur?

Someone who has just started investing money in a venture, or has just set up a firm. He or she is learning things so as to make more profit; a novice entrepreneur is not experienced.

Related Questions

Who was concerned about the oppression of the poor and the weak?

Many people have been concerned about the oppression of the poor and weak. You will have to be more specific.


Identify the part of speech for the underlined word. The entrepreneur expanded his business and employed more people.?

noun A+


Are the representatives of the people more concerned about the people's agenda or their own personal agendas?

They are most concerned with the agendas of the Political Action Committees that paid for their election campaigns.


Did Machiavelli's the prince maintained that a ruler should be more concerned with the way things are rather than the way things ought to be?

Yes


Do you believe that everyone is an entrepreneur?

No. Some people are more comfortable as an employee, since entrepreneurship comes with a lot of risks, responsibilities and uncertainty.


Where can someone find more information about a small business entrepreneur?

Small business entrepreneur information can be found on various different online resources including blogs, news stories and more. On a website called Entrepreneur, there are many articles discussing product sources and more.


What where the hopes of each parties involved 1789?

There weren’t political parties in 1789. Washington didn’t believe in them and warned that they would become more concerned with power and maintaining their power rather than the common good of the people. He was right.


What help does new orlaens need?

More people who are concerned and who can spell the name of our city correctly.


Is it true that personnel management is more concerned with the procedures to manage people whilst Human Resource Management is more interested in the people who have to work to procedures?

yes


How much American people concern about nutrition and eating a healthy diet?

Apparently more than there are people concerned about GRAMMAR! ... Moron


How do you answer are you a people person?

someone who is more happier or more skilled at dealing with people rather than things or concepts


What is a sentence for entrepreneurs?

entrepreneur often face many difficulties. entrepreneurs are very rich.