“Anyone [can be an entrepreneur] who wants to experience the deep, dark canyons of uncertainty and ambiguity; and who wants to walk the breath-taking highlands of success. But I caution, do not plan to walk the latter, until you have experienced the former” – Anonymous quote i. With reference to the anonymous quote above, not all entrepreneurial undertakings that experience the deep, dark canyons of uncertainty and ambiguity walk the breath-taking highlands of success. Identify and explain the factors that cause failure of the start-up entrepreneurial undertakings in Zambia. Illustrate your answer using at least one example of a business that failed within five years of its establishment.
“Anyone [can be an entrepreneur] who wants to experience the deep, dark canyons of uncertainty and ambiguity; and who wants to walk the breath-taking highlands of success. But I caution, do not plan to walk the latter, until you have experienced the former” – Anonymous quote i. With reference to the anonymous quote above, not all entrepreneurial undertakings that experience the deep, dark canyons of uncertainty and ambiguity walk the breath-taking highlands of success. Identify and explain the factors that cause failure of the start-up entrepreneurial undertakings in Zambia. Illustrate your answer using at least one example of a business that failed within five years of its establishment.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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“Anyone [can be an entrepreneur] who wants to experience the deep, dark canyons of
uncertainty and ambiguity; and who wants to walk the breath-taking highlands of
success. But I caution, do not plan to walk the latter, until you have experienced the
former” – Anonymous quote
i. With reference to the anonymous quote above, not all entrepreneurial
undertakings that experience the deep, dark canyons of uncertainty and
ambiguity walk the breath-taking highlands of success. Identify and
explain the factors that cause failure of the start-up entrepreneurial
undertakings in Zambia. Illustrate your answer using at least one example
of a business that failed within five years of its establishment.
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