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Wednesday, July 17, 2013

The Dilemma of an Entrepreneur, The Hidden Facts every Entrepreneur Must Know

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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