To determine the three attributes that are risks of being an entrepreneur, we need to focus on potential challenges or drawbacks that come with entrepreneurship:
1. Unlimited capital investment (B): One risk of being an entrepreneur is the need for significant capital investment. Starting and running a business often requires substantial financial resources. Entrepreneurs may need to invest their own money or seek external funding, which can be risky if the business does not succeed.
2. Relying on cash flow (D): Another risk is the dependence on cash flow. Cash flow is crucial for the day-to-day operations of a business. Fluctuations in cash flow can impact the ability to pay bills, employees, or suppliers, potentially leading to financial instability or even business failure.
3. Potential competitors (E): Entrepreneurs face the risk of competition in the market. Competitors can challenge a business by offering similar products or services, attracting the same target customers, or potentially capturing market share. To succeed, entrepreneurs need to differentiate their offerings and stay ahead of competitors.
These attributes represent risks that entrepreneurs commonly encounter as they navigate the challenges of starting and running a business. Understanding and managing these risks is essential for entrepreneurial success.
