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Dear Yubika,

Warm Greetings from Nepal!


Your post has given me some meaningful insights on how some people choose to become
entrepreneurs. Anyone can become an entrepreneur, but within the person or people who
think about becoming an entrepreneur, there must be some qualities. The first most important
point that he/she has to be serious about what he wants to do and what he is doing, he has to
be committed to his duties and responsibilities (Terziev & Arabska, 2017). I totally agree that
various aspects plays an important role in the entrepreneurial journey of a person. Actually,
Entrepreneurship is a lifestyle in itself. A lifestyle that teaches you much more not just with
respect to a professional journey, but personal as well.

According to Adejumobi & Apena (1998), “Taking risks is one significant part in your
entrepreneurial journey.” Significant because it can play a part in shaping your journey, when
you consider a longer period of time. And as you take those risks, like any other risks, you
end up learning, whether or not it has worked. Risks for every single individual are
subjective. For a product guy it could be a gamble to talk about their new product in an event
filled with different businessmen, for a service-based guy it could be synonymous with taking
on a big ass project on credit and so on (Walczak-Duraj, 2010). Although moving into new
markets could be a challenge for an existing entrepreneur. For most businessmen, the biggest
risk is always the early to mid-stage cash flow. Entrepreneurship is something embracing
creativity and risks. Because risk-taking is the core concept of entrepreneurship, you can't be
an entrepreneur on your journey without meeting the risk. You have highlighted about how
the article makes some claims saying that anyone who is prepared to risk can become a
creative, hard-working, and opportunistic entrepreneur. However, An entrepreneur's key
attributes are the willingness to accept a measured risk.

References

Adejumobi, S., & Apena, A. (1998). Colonization, Commerce, and Enterpreneurship in


Nigeria: The Western Delta, 1914-1960. African Economic History, (26), 222. doi:
10.2307/3601703

Terziev, V., & Arabska, E. (2017). Social Enterpreneurship, Social Values and Social
Impact. SSRN Electronic Journal. doi: 10.2139/ssrn.3142904

Walczak-Duraj, D. (2010). Model of Enterpreneurship and Social-cultural and Market


Orientation of Small Business Owners in Poland. Comparative Economic Research, 13(5).
doi: 10.2478/v10103-010-0001-z

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