Factors that influences entrepreneurship

1. Passion
2. Profit---rewards obtain from a business by investing his personal time and savings to the
business.
3. Self satisfaction----4. Social status / fame---5. Inheritance
6. Government polices
7. Culture------ Culture refers to the customary practices and beliefs that have a significant
impact on the basic values, perceptions, preferences, and behaviors of people.
8. Unemployment
9. Independence---- freedom to operate independently is another reward of entrepreneur most
people do not want to be ordered about so they set up their own business to become their own
bosses
10. refuge--11. Charity---some people go into private business and give some of their product or profit to the
charity
Areas for midsem
1. Factors that influence entrepreneurship
2. Nature and scope of entrepreneurship (features, functions)
Read along these question
1. Entrepreneurship is about innovation. Do you agree?
2. State and discuss the main features of a successful entrepreneur
3. Discuss the main functions of an entrepreneur
4. The main factor that motivates individuals towards enterpreneurship, comment