Entrepreneurs

• What is an entrepreneur defined as?

  Someone who takes on the risks of enterprise activity
• What must an entrepreneur be able to do?

  Organise resources, take risks, and make business decisions
• What is one potential financial risk for entrepreneurs?

  Losing invested money if the business doesn't profit
• What does the text state is a possible job security risk for entrepreneurs?

  Potential unemployment if the business fails
• What is one reward entrepreneurs may experience?

  Great satisfaction from seeing their ideas succeed
• What is one potential profit-related reward for entrepreneurs?

  Making more money than in their previous job
• What is one type of independence entrepreneurs can experience?

  Choosing what they do each day
• What is one possible "fake" (risk) for entrepreneurs, according to the text?

  Wasted time, money, and effort if the business fails
• What aspect of entrepreneurship does the quote "It's the independence I like the most..." highlight?

  The value of autonomy and control