Of the different reasons given that people choose to become entrepreneurs (following a passion, filling a need, running a better business, and inventing a new product), which do you think is most likely to lead to a successful business? Justify your choice.

Question

Business

Donaldson

9 October, 05:32

Of the different reasons given that people choose to become entrepreneurs (following a passion, filling a need, running a better business, and inventing a new product), which do you think is most likely to lead to a successful business? Justify your choice.

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Answers (1)

Know the Answer?

Janelle Solis · Answer 1

The most likely reason for a business to succeed will be filling a need.

Explanation:

When you try to fulfill the need of a specific customer segment in the market, a demand automatically arises and has a certain pull effect. Moreover, products and services that address a need or a specific problem tends to stay longer in the market and attract more consumers in the long term.