What is a main reason why entrepreneurs experience Daily Stress
a) They have considerable responsibility.
b) They need to spend time training employees.
c) They need to have sufficient income to pay loans.
d) They have to contribute both to the market and society.
The correct Answer for the given Question is Option a) They have considerable responsibility.
The main reason behind entrepreneurs experiencing Daily Stress is because they have considerable responsibility. Entrepreneurship is one of the most stressful careers. Uncertainty and personal responsibility (and liability) accompany the decision-making process. Working hours are the longest of all occupations. In the process of starting and managing their business, they must develop expertise across all areas of management, including finance, marketing, procurement, and operations as well as human resource management. Entrepreneurs work long hours to turn their startups into successful businesses. In addition to perseverance, they must also be able to handle a variety of challenges, including limited finances, staff, and resources. Entrepreneurship offers business professionals the opportunity to pursue their own passions and become independent.
The role of an entrepreneur is to direct a company’s operations and plan its strategy. He or she also establishes policies, sets goals, and meets with investors and clients. In addition to hiring employees, entrepreneurs also prepare work schedules. As well as overseeing marketing, distribution, and sales, they may oversee all activities related to the company’s products and services. The entrepreneur reviews financial statements to determine ways to boost profits and cut expenses. They are also responsible for deciding what direction the company will take in the future.