Definitions of Motives for Entrepreneurs to set up a business (coursework)

Motives For anyone to start up a business they must have a motivation of some sort. Without a strong motive for business creation an entrepreneur may quickly loose interest in the business venture. Being an entrepreneur, and starting up a business or company is an extremely hard task. Motivation is a vital characteristic of anyone who is even considering going into business, because they need to have a very strong goal for them to be …

…It conclusion. To be a successful entrepreneur it is essential to have a strong motivation for starting up a business. Whether it is being their own boss, being able to have good job satisfaction or being a millionaire - all entrepreneurs rely on good motivation and determination to see them through the early stages of the business. My personal motives for setting up a business are mainly profit, job satisfaction, creative freedom and financial security.