Longtime
ago I have studied and had several authors enlist different postulation on the
best way to describe an entrepreneur. Hence, I remember that some describe an
entrepreneur as the one who identify a demand gap in a particular market and
takes advantage of the situation, fixed his scarce resources and asset hoping
of getting maximum return in an expected time
Going
by other peoples postulation, he can also be refer to the one who combine
various factors of production to produce curtained perceived, acceptable and foreseeable
needs for the purpose of meeting the needs of himself while not compromising
the needs of others. I could remember from my study of economics that the main
goal of entrepreneur is to acquire maximum profit given a least cost of
production.
Henceforth,
this assumption of profit maximization is a secondary motive to all
entrepreneurs but mostly often accompany by other primary motives such as:
meeting the needs of consumers, building, sustaining integrity and personality,
sustaining the survival of humanity and promoting company image to mention but
few
Arguably,
there suppose to be proportionality between entrepreneur expectations (profit
making) and his final output at the end of business harvest. More
comparatively, things do not always work as expected by most entrepreneurs.
WHY?
Ideally,
everyone preach for entrepreneurship development as one of the tools that can
be use to sustain humanity and safe most collapsed economy of the world. But
seemingly, in an environment and atmosphere where entrepreneurs faces numerous
daunting challenges that hamper and inimical their business prospect, what will
be the fate of entrepreneurship development in saving the generation of man!!!!!!!
Hence,
in a situation where entrepreneurs faces problems often in which he/she seems
to be in dilemma to the extent in which he/she find it so difficult to make
choice whether to continue or quite then it is a dilemma for the entrepreneur”.
Incase you are affected by this article forward your opinion, question,
enquires and consultation, and problems, to: slybizinfobank@gmail.com or syolanconglomerate@gmail.com
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