Entrepreneurship and Motivation

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FervidSalmon
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What is entrepreneurship?

Entrepreneurship is the practice of embarking on a new business venture or existing business by combining different resources to develop new opportunities.

Where does the word entrepreneur come from?

The word entrepreneur was derived from the French verb entreprendre which means to undertake.

What is an enterprise?

An enterprise is created by an entrepreneur and refers to a new business venture.

Who is an entrepreneur?

An entrepreneur is an individual who creates a new business, bearing most of the risk and enjoying most of the rewards.

Why is motivation important in entrepreneurship?

Motivation is important in entrepreneurship because it drives individuals to undertake the risk of new enterprises and pursue business opportunities.

Test your knowledge on the basic concepts of entrepreneurship and the importance of motivation in entrepreneurship. Learn about the 6Cs that motivate entrepreneurs and the entrepreneurial process.

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