The eBook Managing Start up Enterprises reveals how aspiring entrepreneurs can launch their startups. It is indeed a great thing to day-dream, about a great idea or an invention that will make you millions, but quite another to turn it into a viable business.
Entrepreneur invent things not as scientist but as person who are interested in offering something new to the society as business and as such ensure that a new concept is implemented.
What motivates someone to become an entrepreneur? Money of course! But, wait! Is money and personal wealth really the main motivation?
Evidence suggests that there are many more reasons why someone wants to start a business. Every business starts small. But by taking on some calculated risks, a lot of determination and some luck, a start-up business can become very large, profitable and valuable. However, not every entrepreneur wants to build a big business and earn a fortune.
Raising enough money to start a small business can be difficult. The process begins with working out your start-up operating costs for the year, which you can compare against anticipated sales. Putting all your eggs in one basket is never a good business strategy.
And currently the Covid situation has left them with an innovative choice of doing the same, as there is shortage or rather crisis of jobs.