5. list and explain the 4 reasons that motivate entrepreneurs.

5. list and explain the 4 reasons that motivate entrepreneurs.

5. list and explain the 4 reasons that motivate entrepreneurs.

Answer

Brief Explanations:

  1. Profit - making: Entrepreneurs seek financial gain through new business ventures.
  2. Independence: They desire autonomy and the ability to be their own boss.
  3. Innovation: The urge to create new products, services or business models.
  4. Personal Fulfillment: The satisfaction of seeing an idea come to life and making an impact.

Answer:

  1. Profit - making: To earn financial rewards.
  2. Independence: To have self - governance in business.
  3. Innovation: To introduce new concepts to the market.
  4. Personal Fulfillment: To achieve a sense of accomplishment.