Why do entrepreneurs take the risk to start or expand a business?

Social Studies · High School · Thu Feb 04 2021

Answered on

Entrepreneurs take the risk to start or expand a business since it is a crucial skill in the entrepreneurial venture to take risks in order to achieve success in the business. Most entrepreneurs believe that the greater or the higher the risk, the higher the rewards, hence one must simply understand first the venture that he/she is taking in before making any decisions, in order to minimize casualties and turn them into profits. 

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