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Disadvantages and Advantages of Entrepreneurial Ventures

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A) Discuss the advantages and disadvantages for working in an entrepreneurial venture. Support your points with suitable examples.

b) Discuss and support your arguments with real-life examples. As a venture grows, the role of the entrepreneur decreases.

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a) Discuss the advantages and disadvantages for working in an entrepreneurial venture. Support your points with suitable examples.

There are many advantages and disadvantages for working in an entrepreneurial venture. Some of them include the ability to work for yourself (and not have a boss); the ability of "freedom" to make your own schedule and rules (unlike having a 9-5 job or set working or vacation time, and in terms of rules, you can do whatever you want - you make your own company policy; and potential for earning as much money as you want - there are no limits (in comparison to having a salary or maximum hourly wage).

However, there are many disadvantages too, such as the possibility of having to work long hours because you are responsible for the business yourself; income may or may not be ...

Solution Summary

The advantages and disadvantages of working for an entrepreneurial venture is determined. Real life examples are provided.

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