Disadvantages Of Entrepreneur

The term entrepreneur typically refers to an independent-minded or innovative business person who is interested in breaking out of the 9-5 environment. Entrepreneurs and small business owners supply our economy with some of its jobs. An entrepreneur can be an artist, homemaker, restaurant owner or an inventor who just came up the latest cell phone application. What defines an entrepreneur is the desire and courage to strike out on one 's own in the world of business, instead of working for someone else. Finding the money to start a business is often the first challenge faced by a new entrepreneur, but due to the positive effect entrepreneurs may have on the economy, efforts are made by both private and government lenders to supply promising professionals with inexpensive capital. However there could be various reasons for Start-ups to fail due to unexpected market problems, unprepared risk taking, Financial Problems etc. The major reason for the problem is aggregation of various resources that does not match to the requirements of the Start-up. When good portion of the investment has been spent on things that do not add value to the firm it develops as a cost centre from which no revenue could be earned. Thereby leading to financial crisis with creating idle assets that offer no value to the firm. Addition to the idle assets remaining in the firm, the firm is also not able to fund for or possess new assets that are of value to the firm and the company process. This is the