As a result the frustrated individual is motivated to succeed which can be projected into an entrepreneurial pursuit.
Entrepreneurial strategy tends to take the form of niche, one or more pockets of market position protected from the forces of outright competition. The research on entrepreneurship has grown dramatically over the years.
Venture opportunity school of thought A school of entrepreneurial thought that focuses on the search for idea sources, onconcept development, and on implementation of venture opportunities.
Ronstadt put together a summary description: Entrepreneurship is the dynamic process of creating incremental wealth. It is the application of energy to initiating and building an enterprise or organization, rather than just watching or analyzing.
This essay will provide a solution to address this.
I Environmental School of Though This school of thought is related with the external factors that affect a probable entrepreneur's standards of living.