What are the three biggest challenges that aspiring entrepreneurs face? Explain why? What can be done to overcome them?
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What are the three biggest challenges that aspiring entrepreneurs face? Explain why? What can be done to overcome them?
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- 1.What are some reasons for success or failure of entrepreneurs?2.What are the widely used legal structures for entrepreneurs? Explain each one and its implications for paying taxes.3.What method is commonly used to research trends in the market?4.What need in the market does your product or business fill?5.What are the four Ps of Marketing? Explain each one, you can include examplesName three traits of successful entrepreneurs and explain in detail why they are important qualities for an entrepreneur to possess. What is entrepreneurial ego? How can an entrepreneur keep entrepreneurial ego in check? Why do complex decisions often raise ethical considerations for the entrepreneur?Why did SBA offer a wide range of resources and programs to help young entrepreneurs?
- As a student and member of this society, what do you think are the benefits YOU derive or experience from entrepreneurship? Has it improved your life one way or another? Explain in detail. You can cite examples to prove your point.What are the main exit options from an entrepreneurial business?There several myths about entrepreneurs, including:- Entrepreneurs are born, not made. - Entrepreneurs are gamblers. - Money is the key to entrepreneurial success. - You have to be young to be an entrepreneur- You have to have a degree in business to be an entrepreneur. Describe your perceptions about any entrepreneurs in relation to the above myths. Are the myths true or false? Why or why not?