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 entrepreneurship needs to sell the business idea to potential investors, the product or service to customers, and themselves to employees. If an entrepreneur is able to communicate effectively, they are better equipped to sell their ideas and physical products.
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