Does passion have a motivational effect that encourages entrepreneurs to overcome any challenge?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Does passion have a motivational effect that encourages entrepreneurs to overcome any challenge?

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Entrepreneur:  A person who builds, runs, and operates business activities to get the maximum profit from the business. The process-related to creating a business is called Entrepreneurship. Entrepreneurship decisions are based on personal perception and inner feelings or beliefs. Entrepreneurship decisions are based on personal perception and inner feelings or beliefs. Entrepreneurship is mainly concerned with making decisions related to the new venture and investment opportunities.

An entrepreneur needs to formulate strategies for minimizing the risk in business. Strategic plans and critical analysis can help the business to defeat its competitors in the market. 

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