I read an article and watched a YouTube video 2 days ago. It was on the “startup madness” that we see all around us. Everyone wants to create the next Facebook or a million dollars business in agriculture. Let`s say, all people wants to hit it big and this in just a couple of months.
Of course, the majority will do everything to have this: work for hours and hours, sacrifice their private life and forgetting they have a family and friends. That`s so wrong from my point of view. Continue reading “Getting entrepreneurial #3: the 50% rule”
The entrepreneurship is a dynamic process in which new companies emerge, present companies grow and those unsuccessful disappear. This represent the main characteristic of the entrepreneurship followed by innovation where new products and services and new production methods are introduced by companies that have identified new market opportunities or better ways of satisfying current demands.
This is best shown in rural entrepreneurship where it is crucial for a business to be consumer oriented and have a clear market. A third characteristic of (rural) entrepreneurship is that of small business that tend of identifying with their owners. READ MORE HERE
References have been intentionally left out.