Scope of Entrepreneurship and Factors Influencing Success

Table of Content
• Introduction
• Specific examples of entrepreneurs
• Exploration of their situational factors
• Entrepreneurial traits and characteristics
• How background and experiences can either hinder or foster
entrepreneurship
• Conclusion based on comparison and Contrasting
• Conclusion
• References

Introduction
Entrepreneurship is the business that studies about the how businesses
created and the actual process should be started for a new business. An
entrepreneur is an individual who has new idea and focus on create a
new product or service that helps in satisfy emerging needs and wants
of people to support their sales. This report is based on scope of
entrepreneurship, situational factors with their similarities and
differences and how entrepreneurial background hinders or foster
entrepreneurship.

Specific examples of entrepreneurs
Entrepreneurship Has an broad scope to stimulate the economy and
enables to bring great societal change. It beyond fulfilling needs and
build revenue, provides employment for society and develops
communities. An entrepreneur have vast opportunity to selling services
instead of manufacturing products.