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■ N e e d e d To A n s w e r B e f o r e S t a r t i n g
On The P a t h O f E n t r e p r e n e u r s h i p
I want to be an entrepreneur or not?

which bussiness I should start

H o w m y business will earn revenue?

When I break oven?.


wmreachmy
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\i\/hy to start Business
Starling
B u sa smalli n business
G o l d e n
.
e s s can be both challenging and rewarding - find out the reasons
why so many people start new businesses each year, what the advantages of starting a
business'' These questions need a deeper insight. Practically some or them become
entrepreneurs even by choice, by chance, by compulsion or by tradition.

The person going to start a business must be determined to do so. This


determination usually comes due to various reasons, some of which may be listed
below,
►Financial scarcity ,.

,.
Failure to get job employment ,.
To meet challenges
To earn money
Pain of unemployment or
,.
underemployment ► To take advantage of business situation
To utilize local resources
,. Family
Self-employment
problems ,. To earn name and fame
,. Desire to be successful ,. To prove
utilize to
talent
be competent
,. To utilize idle time and resources ,. Enviousness at other's success
-

G o l d e n B u s i n e s s
Entrepreneurial Achievement
l\1otivation

MASLOW'$
HIERARCHY
OF NEEDS

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ERG
Theory
Growth
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Achievement Affiliation Power (Passion
(Effort over (Focus on for influence,
Luck) relationsh tech & coach)
ips)

receive crectu.

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