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Entrepreneurship - Coggle Diagram
Entrepreneurship
Importance
• Innovation
• Job creation
• Globalization
Advantages
Able to create own destiny
Opportunity to make a difference
Able to reach full potential
Able to reap impressive profits
Able to contribute to society and be recognized for their efforts
Able to enjoy and have fun
Disadvantages
Long hours and hard work
High stress level
Risk of losing entire investment
Difficulty in obtaining customers
Uncertainty of income
Complete responsibility
Difficulty in obtaining loans
Discouragement