Advantages Of Entrepreneurship In Nepal

1960 Words8 Pages

Entrepreneruship antransforming Nepal Entrepreneurship is finding opportunity in a problem. Problems can come in various flavors – the product – too expensive, scarce, difficult to use, slow etc.. An Entrepreneur is ther one who sees the bigger picture by creating opportunities not just for him/her but more importantly for others. The harder this problem becomes, the better the opportunity for someone who can solve it. If you are an engineer, know how to create a device that can generate wind power then, you can manufacture and sell that for cheap, this is a great opportunity here. Not many people can create this device, and once you are in customers’ homes, you can continue providing superior service and build a great business. The larger the problem, the bigger the opportunity A problem may only be for one person, or for many. If it is for one person, it – a one-time service and not a business opportunity. But if many people have the same problem, then it is a big entrepreneurial opportunity. For example, we all eat and want good quality food for cheap. However, we have food quality problems in Kathmandu now. This is a great business with a huge market as everyone hates having to buy impure and expensive food. If you can solve Kathmandu’s food problems with your business, you could be a billionaire. Plus, you would give service to millions and be thanked for the service you give. Let us take examples of some famous entrepreneurs who have looked at a problem as an

Open Document