Entrepreneur Assignment Help
Task 2: Advantages and limitations of entrepreneur: In order to state the benefits and limitations of entrepreneur, it is very much necessary to understand the requirement, importance and fundamental acceptability of the same. An entrepreneur not only took the responsibilities of the company but at the same time contributes towards the growth of the same(Ajagu, 2015). However, one should not forget that both upward and downfall of the company depends on the activities or performance of the entrepreneur. Talking about the most important quality which should be present on every entrepreneur is patience, in order to maintain a business great amount of patience is required. Thus, as far my opinion is concerned I always wanted to become an entrepreneur as every now and then I think about strategies and try to follow the footsteps of great businessman and qualified professionals. However, there is some reason as well which draws my attention towards other profession and distract my motivation of becoming an entrepreneur. Thus, following is the list of reason which either motivates or distracts me towards entrepreneurship:
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Entrepreneur Assignment Help

Task 2: Advantages and limitations of entrepreneur:

Entrepreneur Assignment HelpIn order to state the benefits and limitations of entrepreneur, it is very much necessary to understand the requirement, importance and fundamental acceptability of the same. An entrepreneur not only took the responsibilities of the company but at the same time contributes towards the growth of the same(Ajagu, 2015). However, one should not forget that both upward and downfall of the company depends on the activities or performance of the entrepreneur. Talking about the most important quality which should be present on every entrepreneur is patience, in order to maintain a business great amount of patience is required. Thus, as far my opinion is concerned I always wanted to become an entrepreneur as every now and then I think about strategies and try to follow the footsteps of great businessman and qualified professionals. However, there is some reason as well which draws my attention towards other profession and distract my motivation of becoming an entrepreneur. Thus, following is the list of reason which either motivates or distracts me towards entrepreneurship:

Reasons to become an entrepreneur:

Limitless Income:

Unlike any other profession, an entrepreneur can earn limitless income if right strategies are implemented in right way or in right direction(Livesley, 2011). Also, with productive ideas or plans an entrepreneur can expand the overall boundary towards international borders.

Great status in the society:

A successful entrepreneur is always treated with great respect and admiration from all the individuals around the globe. Thus, this reason is also important to me as I always wanted to become famous and live great life.

Growth in appropriate period:

It is not to be mentioned that any other profession other than business requires huge amount of time for every individual to reach the upper level position and also comes with various terms and conditions like requirement etc. However, an entrepreneur can enhance the overall boundary of respective business within limited time of things falls in right places(Jones, 2014).

Reasons not to become an entrepreneur:

Very risky profession:

Both the income and the validity of business is unpredictable, thus is a major reason why I don’t want to become an entrepreneur.

Tough competitors:

Companies running from more than 30 years have already covered the major portion of the market and thus there is very small place for new comers like me.

Comply with various tax rules and regulations:

In order to become an entrepreneur, it is very much necessary to gain all the information about laws and rules which somewhere distract me towards this profession(Levine, 2012).

Following is the list of my strengths which would help me towards entrepreneurship:

Good knowledge of accounts and related calculations:

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