World of Entrepreneurship Discussion Questions

Question Description

I’m working on a management question and need an explanation and answer to help me learn.

Entrepreneurship is based on the ability to make a living by working on your own initiative, typically by following your passions. Entrepreneurs need to coordinate and align their skills and resources to form a profitable and sustainable business. But, more than that, they need to operate within fast-paced environments and situations that require inspiration, adaptability, self-initiative, and analytical thinking.

Considering the current economic and employment landscapes across the nation, we are seeing the “startup revolution” flourish. There has never been a better time or place to learn the skills necessary for entrepreneurship.

Use examples to explain your thoughts and ideas based on the following questions:

What are the benefits and challenges of being able to work on your own initiative (building and operating your own company)?

By contrast, what are the benefits and challenges of working for someone else in a j.o.b.?

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