why entrepreneurs can fail even if they are committed and have the characteristics needed to be successful?

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06-09-2021
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why entrepreneurs can fail even if they are committed and have the characteristics needed to be successful?

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samhauff samhauff · Answer 1 · 2021-09-06T21:19:13-04:00

many reasons in a free market capitalistic system; their product or service is not in great demand, their product /service is not the best one on the market in terms or quality/price, their product/service does not have enough publicity to sell well, big corporate companies (amazon, walmart, etc.) have a monopoly on most goods and services and sell them at lower prices while underpaying/ overworking workers

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