Please enable JavaScript.
Coggle requires JavaScript to display documents.
Characteristics, Risks and Rewards for Enterprise - Coggle Diagram
Characteristics, Risks and Rewards for Enterprise
Rewards
-
Independence
Entrepreneurs often choose to start their own business because they want to be in control of their career and not work for anyone
-
Self-satisfaction
Gaining satisfaction from your work is important. It means you will be happier and more motivated to keep going, particularly if things become hard over time
Drawbacks
Work life balance
-
A typical entrepreneur is always on the move. Work life balance is focused on understanding the importance of gaining time away from work.
-
Health / Wellbeing
Setting up a new enterprise can take its toll on an entrepreneur due to the time and financial pressures that will be placed on them
They should factor in time away from the enterprise to renew their strength and energy. This could also help them gain a different perspective on the problem ahead.
-
-