what is the need of entrepreneurship
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Entrepreneurship is important as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs, but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.
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An entrepreneur needs a higher ability to learn and a desire to learn. If a person is able to learn in any of the situation, even failure they have the skills necessary to become a successful entrepreneur. Failure can help expand one’s knowledge and understanding of business.
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