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Entrepreneurship is an advanced trait that can give an entrepreneur more knowledge in four months than a four-year degree. But where should entrepreneurs start and focus on one startup? What is startup sustainability?
The economic and political situation in the Pakistani market is highly volatile and continues to change rapidly. It becomes very difficult over time to keep up with new rules and regulations introduced by the government. Entrepreneurs are under increasing pressure to keep up with regulatory changes and find it very difficult to consistently adapt to ever-changing regulatory requirements.
A recent study found that there are two types of entrepreneurs. 1) a person who starts a business and keeps it growing, takes it to a certain level of maximum potential and makes it sustainable; There are entrepreneurs starting another field with
Whether an entrepreneur should take an initiative, make the business sustainable, and continue to manage it after reaching its full potential remains a big question. Or do you have to have a knack for taking a series of initiatives and continuing to develop new startups? The answer is pretty tricky and comes with a lot of objectivity.
One way of thinking is that maintaining one vertical and maintaining it through continuous SWOT analysis is the way forward. That way, businesses can realize more potential and keep people connected for a longer period of time.
Another way of thinking goes to this, stating that the introduction of new verticals will allow entrepreneurs to achieve more and contribute more overall after the initial startup has achieved a full lifecycle. I may object. Entrepreneurs are seen as serial entrepreneurs with portfolios of successful businesses and more achievements. Also, after a while, business becomes less difficult and entrepreneurs get bored with boring routines.
There are examples to support both scenarios, but the debate is never-ending and going nowhere. Either way, one of his things to cultivate is entrepreneurship. Because that’s where creativity comes from and oxygen is supplied to any country’s ecosystem.
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