Fundamentals And Characteristics Of Entrepreneurship PDF

In the entrepreneurial process, you set out on your own and start your own business rather than working for someone else's company. Despite facing more obstacles and fears than hourly or salaried employees, entrepreneurs can also expect a larger payoff. In contrast to hourly or salaried employees, entrepreneurs struggle with more obstacles and fears. However, their rewards may be much greater. In addition to having interest and vision, good entrepreneurs also possess the skills to launch a business and are ready to invest. The entrepreneur must work in an area that interests him, since entrepreneurship pays according to performance rather than time invested. In this case, she will not be able to maintain high levels of work ethic, and she is more likely to fail.

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