Please answer all of these questions based on the assigned readings and or your

Question

Please answer all of these questions based on the assigned readings and or your personal knowledge.

1-It has been said that entrepreneurs are born, not made. Do you agree with this statement? Why or why not? Can anyone be an entrepreneur? What characteristics, traits, skills, or knowledge must an entrepreneur have?

2-Entrepreneurship has a fairly high failure rate. What psychological, emotional, and financial concerns might a new entrepreneur have concerning the possibility of failure? What is your biggest concern in starting a successful new business? Consider, for example, about opportunities, money, experience, education, or resources. Why?

Explanation / Answer

To ansera this question is not easy because some people said that enterpreneurs are born not made and some people are said that to become an enterpreneur one person should have lots of skills and one can't be an interpreter who have low knowledge and skills and person should be trained. These two sides are correct but in my opinion enterpreneurs are born not made because in real world we can see many examples like Ratan Tata and some people naturally enterpreneurs like Steve Jobs. Any one can not be enterpreneurs because these people are special and their style and attitudes are diifdiffe

The first ability of theses people is confident and risk taking ability and perfect decision making ability

2. In the business field success and failure are two sides of a coin and results based on enterpreneurs and situations

Entetpreneurship has high failure rate because different people have different mindset and some people will have high confident but financial duppsupis very low and som people may take wrong decisions because of these reasons people are not getting success

Before establishing business one person should learn each and every thing and it better get some practical exoexperice.

For suppose we can't expect profits in business during first year so we should olpl according to that

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