Entrepreneurship and Opportunities

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Subject and Section
Professor's Name
January 23, 2021
Entrepreneurship and Opportunities
Understanding the importance of acting on 'opportunities' is essential for entrepreneurship. The presentation provided how entrepreneurs could take advantage of opportunities through various systems such as watching, studying markets, researching demographics, identifying current market needs, monitoring trends and establishing personal networks. By following these steps, acting on opportunities becomes much easier, while the probability of achieving success in one's entrepreneurial journey increases.
Additionally, the presentation also provided some of the most essential characteristics that an entrepreneur must have to succeed in this highly competitive market. This includes prior industry experience, creativity, cognitive factors,...