Answered Essay: What are the five most pressing issues facing ENTREPRENEURS in America? Secondly, why are

What are the five most pressing issues facing ENTREPRENEURS in America? Secondly, why are heads of state across the globe desperately seeking knowledge on how to make their people more entrepreneurial?

? Why do people participate in business (engage in commerce, transactions, exchange)? What are the five most pressing issues facing the world of Businesses in America; and what can be done to prevent, resolve, or lessen the impact of these issues?

what is entrepreneurship to you? Is it a “catch all” word that encompasses a broad swath of business activity, or is it more specialized? Do you believe franchising is entrepreneurship? Does something have to be new or novel to satisfy your conceptualization of entrepreneurship?

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Answer

1.
Entrepreneurs are the people who work upon their business ideas to convert into the sustainable business model. Five most pressing issues faced by Entrepreneurs in the USA are as follows:
A.   Growing inability to attract the top talent as these talents are being absorbed by Top innovative companies.
B.   Stringent government regulations acting as entry barriers and entrepreneurs are getting out of the business before they enter into it.
C.   Lagging behind in patenting, copyrights and other forms of protection w.r.t. the big companies due to lack of resources
D.   Scalability issue causing slow growth in revenue
E.   Stringent funding requirements set by the funding agencies

Heads of state want to get the knowledge that can make their people more entrepreneurial because:
A.   An entrepreneur creates jobs, rather demands a job. Hence, unemployment rate comes down.
B.   It enhances the overall productivity of the nation.
C.   It creates a culture where people become self-employed. It reduces the burden of social security expenses.
D.   Innovation and alternative means of production are promoted.
E.   Today’s entrepreneurs will be the big business houses of tomorrow.
Pl. repost other unanswered questions for their proper answers!

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