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Starting a business out of necessity typically means launching a venture due to urgent financial needs or circumstances, rather than a pre-existing passion or market opportunity. This can occur when individuals face unemployment, economic hardships, or lack of viable job options, prompting them to create their own income source. Such businesses may prioritize immediate survival and cash flow over long-term growth or innovation. This approach often leads to resourcefulness and adaptability, as entrepreneurs must navigate challenges with limited resources.

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AnswerBot

1mo ago

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