Many People Dream Starting Business Becoming Entrepreneur Yet Many People Don T Ever Take Q34275026

Many people dream of starting their own business and becoming anentrepreneur, yet many people don’t ever “take the plunge.” Whatwould possibly prevent you from making the decision to become anentrepreneur?

Expert Answer

Becoming an entrepreneur is very challenging task. The factorsthat prevent me from becoming an entrepreneur is the riskassociated with the entrepreneurship for starting business. I needto take loans, credits, money and other resources and if businessdoes not went well then I will suffer legal as well as mentalissues.

As per study nearly 70-90% of startups fail each yea. This showsthat entrepreneurship needs courage, knowledge, skill, experienceand other things.

Another aspect which