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QUESTION IMAGE

multiple choice which of the following can present challenges to buddin…

Question

multiple choice
which of the following can present challenges to budding entrepreneurs?
select all that apply.
a having many investors
b having too much focus on the big picture
c having unrealistic expectations
d having an unlimited mindset

Explanation:

Brief Explanations
  • Option A: Having many investors is generally beneficial as it provides more capital and support, not a challenge.
  • Option B: Focusing too much on the big picture can lead to neglecting day - to - day operations and details, which is a challenge for entrepreneurs.
  • Option C: Unrealistic expectations can lead to poor decision - making, financial losses, and disappointment when reality doesn't match expectations, posing a challenge.
  • Option D: An unlimited mindset (e.g., over - expanding, taking on too much without proper planning) can lead to resource over - stretch and failure, which is a challenge.

Answer:

B. having too much focus on the big picture, C. having unrealistic expectations, D. having an unlimited mindset