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People who take risks to start their own businesses are commonly referred to as entrepreneurs. They often invest their time, capital, and resources into creating new products or services, facing uncertainty and potential failure in pursuit of their goals. Entrepreneurs are key drivers of innovation and economic growth, as they seek to fulfill market needs and create jobs.

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3h ago

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Related Questions

What is a person who risks time effort and money to start and operate a business?

A person who risks time, effort, and money to start and operate a business is called an entrepreneur.


What is a person who risks time, effort, and money to start and operate a business?

Entrepreneur


Which person that risks his or her own money to start a new business venture?

an entrepreneur.


What do you call a person who takes financial risks to start a company?

A person who takes financial risks to start a company is called an entrepreneur


What is the money needed to start a business called?

The money needed to start a business is called "capital".


What is the system in which people are free to start their own business and own their own property called?

capitalism


What is the name of an person who takes risks to make money to start their own business?

an entrepreneur


The money used to start a business is what?

The money used to start a business is called capital.


What are the people who start businesses called?

People who start businesses are commonly referred to as entrepreneurs. They take on the risks and responsibilities of creating and managing a new venture, often seeking to innovate or fill a market need. Entrepreneurs can range from small business owners to founders of large companies and startups. Their role is crucial in driving economic growth and job creation.


How can I start a business without an LLC?

You can start a business without an LLC by operating as a sole proprietorship or partnership. This means you are personally responsible for the business and its liabilities. It's important to consider the risks and benefits of this structure before proceeding.


What makes people start a business?

The desire to earn profit, grow their money and investments are the causes of people to start a business.


What is the money you start a business with called?

Where do i find Start-up Capital