Question

Which of the following is true for entrepreneurs?

• A. All entrepreneurs must have great ideas all the time.
• B. One must know everything before starting a business.
• C. A lot of money is required to start any business.
• D. To be successful, entrepreneurs should be hardworking, energetic and perseverant.

Hint:

Successful entrepreneurs rely on persistence and effort rather than having perfect ideas or unlimited resources from the start.

Answer 1

The Correct Option is D

Entrepreneurs do not need to have great ideas all the time, nor do they have to know everything before starting a business. Also, not all businesses require a lot of money to start. However, success in entrepreneurship largely depends on qualities like hard work, energy, and perseverance. These traits help entrepreneurs overcome challenges, stay motivated, and keep pushing their ventures forward despite difficulties. Hence, option (D) is true for entrepreneurs.