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Why is patience important for an entrepreneur?

Answer and explanation

Correct answer: Because success may need time and continuous effort

A new venture may need time to build a product, customer base, reputation, and stable cash flow. Patience helps an entrepreneur continue sensible effort, learn from setbacks, and improve the plan instead of giving up immediately. Patience must be combined with evidence, adaptation, and planning; it does not mean ignoring failure.

Related tags

PatiencePerseveranceEntrepreneurshipEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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