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How Can an Entrepreneur Tell if a Product Opportunity Gap Exists?
- October 10, 2024
- Posted by: Kleos Advisory
- Category: Introduction
No CommentsIn today’s competitive marketplace, identifying a product opportunity gap is crucial for an entrepreneur’s success.
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What Factors Favor Older Entrepreneurs as Opposed to Younger Entrepreneurs?
- October 3, 2024
- Posted by: Kleos Advisory
- Category: Introduction
Many older entrepreneurs are just as successful, if not more so, due to unique advantages that come with age. So, what factors favor older entrepreneurs over their younger counterparts?
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Of the Three Primary Reasons People Become Entrepreneurs, Which One Is Given Most Commonly and Why?
- September 17, 2024
- Posted by: Kleos Advisory
- Category: Introduction
When we ask which of the three primary reasons people become entrepreneurs is given most commonly and why, the answer is overwhelmingly the desire for independence. While passion and financial rewards are crucial, the freedom to control one’s own schedule and make autonomous decisions is often the driving force behind entrepreneurship.
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What is Entrepreneurship? Exploring the Essence of Innovation and Business Creation
- September 11, 2024
- Posted by: Kleos Advisory
- Category: Introduction
Entrepreneurship is a term that has become synonymous with innovation, creativity, and the pursuit of success. But what does it truly mean to be an entrepreneur?
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The Reality of Risk: Unpacking the Rate of Failure in Entrepreneurial Ventures
- September 10, 2024
- Posted by: Kleos Advisory
- Category: Introduction
Entrepreneurship is often portrayed as a glamorous path to success—a journey of innovation, independence, and financial reward. However, behind the success stories that dominate headlines, there lies a stark reality: the high rate of failure among entrepreneurial ventures. While the allure of creating something new drives countless individuals to start businesses, evidence shows that the road to entrepreneurial success is fraught with challenges that many do not overcome. Understanding the reasons behind these failures and the factors that contribute to them is crucial for aspiring entrepreneurs and the ecosystems that support them.
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Necessity vs. Opportunity: What Drives Entrepreneurship
- September 9, 2024
- Posted by: Kleos Advisory
- Category: Introduction
What drives someone to leave the comfort of a steady job to start a new business? Is it a calculated move to seize a promising opportunity, or a desperate act of survival in the face of unemployment or economic hardship? Understanding the distinction between necessity-driven and opportunity-driven entrepreneurship is not just a matter of academic interest—it’s a key to unlocking the full potential of new ventures and supporting them in ways that lead to sustainable success.
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Unlocking Nigeria’s Entrepreneurial Potential: Key Insights from the GEM 2023/2024 Report
- August 29, 2024
- Posted by: Kleos Advisory
- Category: Introduction
The Global Entrepreneurship Monitor (GEM) 2023/2024 report, titled “25 Years and Growing,” marks a significant milestone in the study of global entrepreneurship. This annual report provides a comprehensive overview of entrepreneurial activity across the globe, offering key insights into trends, challenges, and opportunities within the entrepreneurial landscape.
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The Future of Entrepreneurship: Will Its Appeal Endure?
- August 26, 2024
- Posted by: Kleos Advisory
- Category: Introduction
In recent years, entrepreneurship has become a global phenomenon, with more people than ever pursuing their ventures. But will this trend continue, or are we witnessing the peak of a temporary wave? The answer lies in examining the driving forces behind this rise and considering how they might evolve.
