asked 70.8k views
4 votes
In a short paragraph, explain how profit might offer an incentive to entrepreneurs. Use an example and details from real life or from an idea that you have.

asked
User Rejo
by
7.9k points

1 Answer

2 votes

Step-by-step explanation:

An entrepreneur is a person with an expanded business vision, who implements a new idea in the market and takes risks and takes advantage of opportunities. Entrepreneurship is one of the most accomplished activities in the world and of greatest return, through a new idea that satisfies the needs of other people, it is possible to obtain high profitability and expand business, becoming a successful entrepreneur.

It is important, however, to have a vision of the market and rising trends before starting a new business. A good idea is perhaps to invest in a vegan snack bar, as this is a niche market with a growing demand in the world today, as people are more aware of what they consume and expect a company to have socio-environmental responsibility in society.

answered
User Prakash
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.