Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
Chapter D, Problem 1CT
Summary Introduction
To think critically about: The thought to become an entrepreneur and if the statistics in chapter gives the courage to pursue a venture.
Introduction: Entrepreneur is an individual who tends to begin a new venture, handle the risk involved and enjoy the profits individually. Entrepreneur helps to generate better employment opportunities in the economy.
Expert Solution & Answer
Explanation of Solution
Yes, becoming an entrepreneur has always been a thought in mind. An entrepreneur is the individual body to handle the risk and earn its benefits. It helps an individual to maintain the individuality in the market.
The example of millionaire A is a motivation to the path of becoming an entrepreneur. The statistics of millionaires that is 2,000 in the world that tends to hold a wealth equal to a $6.5 trillion.
Conclusion
Therefore, it can be concluded that the millionaires have motivated for the goal to become an entrepreneur.
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