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Disadvantages Of Being An Entrepreneur Essay

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Chris Matthews 1. Entrepreneurship pg2 2. Qualities of entrepreneur pg2 3. Contribution to the economy pg3 4. Advantages of being an entrepreneur pg3 5. Disadvantages of being an entrepreneur pg4 6. Tokyo Sexale (Famous Entrepreneur) pg5 7. Why is he seen as an entrepreneur pg5 8. Background and History of Tokyo Sexwale pg6 9. Timeline of Tokyo sexwale pg7 10. Conclusion pg7 11. Bibliography pg8 12. Plagiarism check pg9 Entrepreneurship Entrepreneurship is basically the process of developing an organisation. Entrepreneurship is also defined as having the drive and determination to control and manage a business with all its risks in order to obtain a profit. Entrepreneurship is combined with land, labour and natural resources and capital can produce …show more content…

Peacefulness in your life If your organization gives you the peace of being financially free or financially secure and you have time to enjoy it, and there is no stress when thinking or working with your financial position. Disadvantages of being an Entrepreneur 1. If you are an entrepreneur will not get a normal monthly salary, how much you earn on a monthly basis will depend on how developed he/she business is doing. 2. If you want to be an Entrepreneur you then risk losing everything you worked for. As you take responsibility for everything. 3. Most of all successful business owners have all failed at some time in their life. And repeatedly fail until they get it right, they work and work until they are successful 4. Inexperience, you will have to learn a whole lot of new skills. You can fast track this by attending business courses and consulting a mentor or good business advisor. 5. A change in lifestyle – you will be working long hours initially. As your business develops and you become more organized, your lifestyle improves dramatically. 6. You can’t pass the buck – you are responsible for every decision you make in your business, good or bad. Bad decisions can cost a lot of

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