Entrepreneurship is an attractive career choice.
But many decisions have to be made before
launching and managing a new business, no
maer its size. Among the questions that need to
be answered are:
– Does the individual truly want to be responsible for a
business?
– What product or service should be the basis of the
business?
– What is the market, and where should it be located?
Decisions and Downfalls
– What is the market, and where should it be
located?
– How can a person raise the capital to get started?
– Should an individual work full or part 9me to start
a new business? Should the person start alone or
with partners?
Decisions and Downfalls
• Answers to these questions are not
empirically right or wrong.
• Rather, the answers will be based on each
entrepreneur’s judgment.
• An entrepreneur gathers as much information
and advice as possible before making these
and other crucial decisions.