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Entrepreneurial Ventures: Exploring the Entrepreneurial Mindset

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Added on  2022-11-25

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This document explores different types of entrepreneurial ventures, their similarities and differences, and the impact of micro and small businesses on the economy. It also highlights the importance of small businesses and startups in driving economic growth. The report focuses on the entrepreneurial mindset and provides insights into the challenges and opportunities faced by entrepreneurs.

Entrepreneurial Ventures: Exploring the Entrepreneurial Mindset

   Added on 2022-11-25

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Entrepreneurial
Ventures, Exploration
of the entrepreneurial
mindset
Entrepreneurial Ventures: Exploring the Entrepreneurial Mindset_1
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
P1 Explain different types of entrepreneurial ventures...............................................................3
P2 Similarities and differences between entrepreneurial ventures..............................................4
P3 how micro and small businesses impact on the economy......................................................6
P4 Importance of small businesses and business start-ups in the growth of the economy.........7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
Entrepreneurial Ventures: Exploring the Entrepreneurial Mindset_2
INTRODUCTION
Entrepreneur is an individual who take commercial and economic term of the risks in the
anticipation of the productivity and the profitability. Entrepreneur is usually termed as a
visionary, basis of new thought of views, and manufacturer of various products and facilities for
consumers as effectively. With the help of free enterprise business of management might
supports in eliminating the orientation condition of the state. FTI consultancy is the chosen
organisation in this report it provide consultancy to the various companies regarding the small
business opportunities and entreprenuership. Entrepreneur require to be original and invention to
form the diverse from present responsibility. The following report will consider the various
entrepreneurial projects and sort of free enterprise as with the conversation on resemblances and
alterations in them. Hence, it will also high lighten the small commercial and their major effects
on the growth of the nation. As per to the study it will imitate on the two effective or successful
entrepreneur as in what cases and how they are diverse from managers in the business of
management as effectively (Goworek, 2020).
MAIN BODY
P1 Explain different types of entrepreneurial ventures
When it comes to market exploration technology, companies can create effective growth and
opportunities through other ventures, while at the same time related to other types of
entrepreneurship:
small venture Entrepreneurship: This is Affiliated Company Type New Startup This organization
is controlled by a solitary proprietor and few staff. Additionally, the income isn't extremely high,
and the primary center is to procure more clients and foster the organization utilizing the item.
Supermarkets, painters, shops, and so on are individuals who have prevailing in these sorts of
little business. They are new businesses and are remembered for Fabian business visionaries who
can't face more challenge.
Scalable Startup Entrepreneurship: These innovations and startups are closely related businesses,
and the main focus is to bring innovation to their customers. These types of entrepreneurs need
to make high investments to identify venture capitalist economies that are thinking of their ideas.
These organizations are closely linked to the list of venture capital and key changes and
Entrepreneurial Ventures: Exploring the Entrepreneurial Mindset_3

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