Question

4. "A successful entrepreneur generates more entrepreneurs." Comment on this statement,
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Answer 1

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Answer 2

"A successful entrepreneur generates more entrepreneurs" because:

• Entrepreneurs are the ones who come up with new ideas, concepts, and innovations and put them into practice for the benefit of society.
• A successful entrepreneur is not afraid to take chances to launch his business. He may experience ups and downs, but he develops his own solutions to overcome his company's flaws.
• This enables him to not only survive but also to grow his firm to new heights.
• He also creates and guides his employees and followers towards the development of their start-ups under his supervision.
• Youth are coming up with fresh ideas and solutions for the changing national economy as a result of their experience and guidance.
• As a result, a successful entrepreneur mentors and produces new entrepreneurs.