Advantages and Disadvantages of Entrepreneurship
In the life of an entrepreneur there will be some positives and
negatives too. But, the best habit of any entrepreneur is to accept failures
and always try to step forward to achieve success.
Advantages:
·
Entrepreneur can bloom in any
skill/industry. But, he/she should be passionate first.
·
There will be no boss, rules
and no one will question you. Because, you are your own boss.
·
Entrepreneurship will bring you
identity along with the reputation which exactly results in enhancing clients.
·
It helps to find the hidden
skill in him/her and gives the immense boost to grab knowledge and work on it.
·
If success and things go well,
Revenue will touch sky and investment is low. However, Investment is depending
upon the idea.
Disadvantages:
·
Being an entrepreneur, one
should dedicate themselves and has to work for huge hours.
·
Entrepreneur may earn massive but
there is no guarantee every time and every week. It completely depends on
clients they are working with.
·
You must need an enthusiastic team
to eat bread with peace. Else, definitely you will fall into ditch.
·
No one will trust your venture initially; you
should wait and there is no specific wait time. It may take months, years too.
·
Stress levels will touch
mountains peak, and literally no one will share. Because, Entrepreneur is boss
by him/herself.