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Entrepreneurship:

Rewards and
Challenges
Rachel West
Entrepreneurship
a person who organizes and
operates a business or
businesses, taking on
greater than normal
financial risks in order to
do so.
Rewards

Being the Boss Opportunity to be Doing what you enjoy


As the boss you do not have to creative
consult with others before making As an entrepreneur you get to make Starts with an activity that you
rules and procedures. More freedom and enjoy, you can gain satisfaction
a decision, you can also make
opportunity to act on ideas you create from starting something that you
your own schedule allowing you to shape the company in a love
greater way then an employee could.
Challenges
01
Getting Funds
most people have to borrow money,
02
and getting loans from financial
institutions can be difficult, once
Being Fully
with funds, it can be challenge to Responsible
manage money through financial Being an entrepreneur mea
planning.
overlooking everything: swee

03
Risk
floors, paying bills, hiring empl
making repairs, caring for fina
and training employees.

Having uncertain income levels


and havinga constants risk of
losing investment if the
business fails

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