Friday, January 1, 2021

ENTREPRENUER IN BUSINESS 3

  

ENTREPRENEUR IN BUSINESS


Entrepreneur is known as a person who set up a business or businesses, taking financial risk in the hope of making profit. Entrepreneurship is about making profit, for the aim of entrepreneur is to make profit as well as every business owner. 

FUNCTIONS OF AN ENTREPRENEUR ARE:

Perception And Identification Of Business Opportunities:

Before venturing into a business, identifying of the business opportunities around you is important.

Innovation:

An entrepreneur must be innovative, because it raise productivity. 

Risk Taking:

You must be ready to take a risk, and have the full determination while doing so. You will invest money in a business and ready to face any challenges that comes your way, because every successful being face challenges as well, they make themselves ready to take the risk.

There Are Benefits Of An Entrepreneur Which Are:

Job opportunity 

Promoting of better standard of living 

Greater self-confidence

All money you generated from the business is yours

Constant growth and development 

You decide who to bring into the business 

When you take a risk of investing in a business and ready to face challenges that comes your way, then you will later become an employer that reduce lack of job opportunity for people. Success is gradual process, then you will start to become successful and challenges will never be a difficult thing for you anymore.

Thanks for reading.

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