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Outline two reasons why a person might become an entrepreneur. - Leaving Cert Business - Question C - 2018
Question C
Outline two reasons why a person might become an entrepreneur.
Worked Solution & Example Answer:Outline two reasons why a person might become an entrepreneur. - Leaving Cert Business - Question C - 2018
Step 1
Freedom to do new things.
Answer
One reason a person might become an entrepreneur is the freedom to pursue their own ideas and take risks without the constraints of a traditional job. Entrepreneurs often enjoy the flexibility to innovate, create, and do things their own way, allowing them to explore personal passions without a set job description.
Step 2
Earn more income.
Answer
Another reason is the potential to earn more income compared to traditional employment. While employees receive a fixed wage, entrepreneurs can benefit from the profits generated by their businesses. As they grow their ventures, their earning potential can increase significantly, providing financial incentives to engage in entrepreneurial activities.