Question

Explain the risk-bearing characteristic of an entrepreneur.

Topic	Entrepreneurship Skills
Type	Short answer type
Class	10

Answer 1

An entrepreneur has to have the patience to see his efforts bear fruit. In the intervening period (time gap between the conception and implementation of an idea and its results), an entrepreneur has to assume risk. If an entrepreneur does not have the willingness to assume risk, entrepreneurship would never succeed.

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Study more about Entrepreneurship Skills at Entrepreneurial skills Class 10