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•  Grow: It means after attaining a reputation and stability, an entrepreneur plans to expand the existing business.
                   For example, after a few years, Amit has opened a chain of three more stationery stores in the same city. He even
                   plans to expand it to other neighboring cities as a new brand.
                 Some of the job opportunities for entrepreneurship are:
                 •  Business consultants                              •  New venture developers
                 •  Fundraisers and money providers                   •  Freelancers in different fields
                 •  Market manager                                    •  Start or own a business
                 •  Franchise operators                               •  Research and development executives
                 •  Educationist                                      •  Financial advisors
                 •  Web developers                                    •  System analysts
                 Before you plan to start your own business, you need to introspect yourself whether you should go for it or not
                 by asking the following questions:
                 •  Why do I want to start a business?
                 •  Can this business idea give me money and respect at present and in the future?
                 •  Who is my target customer for business?           •  Who are my competitors?
                 •  What are my marketing strategies?                 •  How much investment is required?
                 •  What is my risk-taking capacity?
                 •  What are my strong and weak points to run my business?
                 •  What are the future prospects of my business?     •  Do I have a backup plan in case of a failure?
                 •  What all will be at stake?

                           Reboot



                      Identify the misconception about entrepreneurs:
                      1.   Kavita hesitated to launch her bakery because she believed only a groundbreaking concept could succeed.
                      2.   Aman delayed starting his freelance graphic design business, thinking he needed substantial funding upfront.






                          At a Glance


                       • An entrepreneur is a person who makes his own business in an innovative manner and bears all the risk in the hope
                       of gaining profit and contributing to the economy of the country.
                       • In the market, people buy products and services created by an entrepreneur.
                       • Entrepreneur utilise their creativity to come up with a new business idea that will fulfil the changing demands of the
                       customers.
                       • Entrepreneurs take risks in terms of time and money. They put their dreams into action so they need to be optimistic
                       to see the success of their dreams.
                       • An entrepreneur uses his knowledge, experience, and gather information to convert his dream into an innovative
                       venture.
                       • Entrepreneurs generate employment for both skilled and unskilled labourers by setting up large and small-scale
                       businesses.
                       • An entrepreneur does the maximum utilisation of resources for the production and management of his business
                       which plays an important role in the development of any country.
                       • It is not always a new idea that makes you an entrepreneur. You can take an existing idea and make your own
                       business out of it.



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