Chapter 8.1, Problem 5R

To determine

To ascertain an entrepreneur to invite who is nearby an area to speak and discuss in a class or interview the person in the class.

Explanation of Solution

Some of the important point include in the entrepreneur’s interview states that the life of entrepreneur is not a straightforward job to live as most people are living. Throughout the Entrepreneurial path, one has to face so many challenges such as failure which is the worst and also the best part of our life because failure also gives us knowledge of better handling of things. There are so many companies coming into the market and sometimes people give up after one loss. But a true entrepreneurship are the one who never give up, learn from the mistake and proceed to work for more better innovation.

Economics Concept Introduction

Introduction: Each entrepreneur faces their own share of the obstacles or struggles. But there are others that are identical and spread through all sectors. When one overcomes them, these obstacles offer great entrepreneurship lessons. Beginning a new strategy at any point is therefore is likely to be very risk.