Question

Why do entrepreneurs risk failure to go into business?

Answer 1

Answer:

The best answer to the question: Why do entrepeneurs risk failure to go into business? Would be: 1. Because taking the risk may in the end yield the best results in terms of monetary gain and independence and 2. Because overcoming the obstacles, and meeting the challenge, and in the end conquering both, is a boost on pride, self-confidence and achievements.

Explanation:

The world of entrepeneurship is, in itself, a risk. It requires leaving behind something that has already been built by someone else, where work is steady and secure, and where payment is ensured, to start something that will have a 50/50 percent chance of being successful or a total failure. Entrepeneurship costs a lot of monet, and it costs a lot of time, not to mention that it requires enormous patience and preparation for failure. However, those who face the bull do so because once the obstacles are overcome, the result will be laboral independence, financial indipendence and success and also, it means overcoming personal fears and obstables to do something different. I believe these are some of the reasons why entrepeneurs risk failure to go into business.

Answer 2

Entrepreneurs risked failure to make money. They needed money and other people wanted goods. If you see the lightbulb it went viral, the standard oil company that rockefeller did.. He gave a good in return making money that's why they took risks. Someone has to