GCSE Business Studies AQA 8132 – 3.1 Business In The Real World:
Learning resources for adults, students, parents and teachers.
Entrepreneurs are often escapees of “the rat race” (employment). They feel employment is a trap that keeps people working for rewards that are not truly rewarding, or as beneficial as running their own business. […]
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An entrepreneur has the skill of identifying commercial opportunities where customer needs are not fulfilled by existing products or services, otherwise known as “gaps in the market”. […]
A benefit of becoming an entrepreneur is the potential to earn more money compared with employment or self-employment. This is because starting a business offers uncapped “upside” (profit). […]
Often, entrepreneurs start a business out of passion. An interest that develops, through dedication, into a sustainable enterprise that grows beyond being a ‘hobby, with benefits’ into an economic powerhouse. […]
One of the most attractive benefits of being your own boss is the ability to choose your working hours. Entrepreneurs are often driven by this desire to direct their daily commitment. […]
Entrepreneurs desire to work for themselves, rather than for others. They crave the freedom of choice that comes with fueling one’s own financial success. […]