2 Analyse the drawbacks of being an entrepreneur. [6]

[Sir Afzal Shad]

Q2 Analyse the drawbacks of being an entrepreneur. [6]

Possible Structure:
[KN]
[AN]
[AN+]

[KN]
[AN]
[AN+]

[Kumail Alvi]

[KN ]Financial Risk
[AN] Entrepreneurs often invest their savings or take out loans to start and operate their businesses.
[AN+] This financial risk means that if the business fails, they may lose their savings and incur debt.


[KN] Long Working Hours.
[AN] Entrepreneurs typically work longer hours than employees, as they are responsible for every aspect of their business.
[AN+] This can lead to burnout impact work-life balance and drain the entrepreneur mentally and physically.

[Syed Raza]

[KN] Management of Funds
[AN] Entrepreneurs are risk takers and they invest their own personal Savings into the their own companies.
[AN+] as they are risk takers they wont be knowing about the future that if they would be able to save or lose the expenses.

[KN] Limited Resources
[AN] Entrepreneurs start with limited resources, which can make it challenging to hire the necessary talent, invest in technology, or expand the business as desired.
[AN+] Thus causing limited growth of the firm and the business might fail due to shortage of resouces.

[Ibrahim Aamir]

[KN] Risk
[AN] to start up a business you have invest your money and time which mean if the business is not successful the entrepreneur would face losses
[AN+] Due to this fear many people don't take this risk

[KN] uncertain income
[AN] this means that there is no guaranty if the business is going to produce any income
[AN+] this would lead to an stressful work environment

[Sodais sajid]

KN:Financial Risk
AN: Entrepreneurs often invest their savings or take loans to start a business, risking their financial stability
AN+: Thus they don’t have any assuarity that there would be a profit or loss
KN: Stress
AN: The pressure of making critical decisions, dealing with competition, and ensuring business success can be incredibly stressful
AN+: Leading to many health issues

[Salman Khalid]

[KN] greatest risk is being an entrepreneur
[AN] their investments arent certain money back which leads to flops of businesses
[AN+] they end up with even less money than they started if it doesnt work out and potentially more debt

[KN] entrepreneurs are always stressed
[AN] this is because of uncertainties and possible life crashing outcomes
[AN+] this worsens their health and could be the reason of their early passing

[Ahmed Zunair]

[KN] Risk
[AN] their investments are not guaranteed to be retuned
[AN+] thus they could end in bankruptcy if there investments are not successful.

[KN] Stress
[AN] this is because of the investments they have made and they are always wanting them to profit them rather then making a loss.
[AN+] Thus this leads to many health issues

[Syed Mustafa Ali]

[KN] Financial Risk
[AN] Entrepreneurship often involves financial risk. There's no guaranteed income, and many startups face financial challenges.
[AN+] Entrepreneurs may need to invest their savings or take on debt to fund their businesses, which can lead to personal financial strain.
[KN] Long working hours
[AN] Entrepreneurs frequently work long hours, including evenings and weekends.
[AN+] Building and managing a business can be time-consuming, leaving little time for personal life and relaxation.

[Talha Asim]

(Kn) stressful (an) since entrepreneurial work is the most important and is basically in charge of everything it becomes very much so stressful (an+) such work can put mental pressure on the person
(Kn) risk(an) the entrepreneur is the most at risk since he may not have limited liability (an+) hence in times of debt the entrepreneur can and will be help responsible to pay back

[khuram khan]

[KN] greatest risk is being an entrepreneur
[AN] their investments arent certain money back which leads to flops of businesses
[AN+] they end up with even less money than they started if it doesnt work out and potentially more debt

[KN] entrepreneurs are always stressed
[AN] this is because of uncertainties and possible life crashing outcomes
[AN+] this worsens their health and could be the reason of their early passing

[Areena]

Uncertain income
Unlike employees entrepreneurs don't have a permanent monthly income there earnings fluctuate based on their success
Which can lead to financial unstability
Financial risk
Starting a business requires a financial investment. Entrepreneurs may face challenges securing funds and there is a risk of losing it if the business falls
Hence they will be more in debt

[Hadia Zia]

[KN] Solely dependent for the decisions.
[AN] If any decision taken by the entrepreneurs results in loss or mismanagement they are dependent for it and so it can be a reason of high stress levels.
[AN+] Moreover their health can also get compromised as they have to think of the possible solution too.

[KN] Long working hours
[AN] Entrepreneurs usually work for extra hours in order to manage and grow their business, which can lead to less time available for rest specially in days of excess demand.
[AN+] Hence this will result in more time being devoted to business activities which may be a reason for entrepreneurs personal life being in a disturbed mode.

[Sarah Shahzad]

(Kn) Difficult decision making (an) usually when an individual is managing a business Alone there is no one to help make decisions and sometimes decisions decisions taken can be wrong (an+) This can also create a loss.

(Kn) Long Working hours (an) When being an individual and managing a business you sometimes have to stay after and work longer (an+) this can stress out the entrepreneur and no time for personal life.

[hafsa kashif]

[kn] no guarantee of success
[an] being an entrepreneur is risky as the owner will have no idea whether the business will go up or down
[an+] thus it could end up in loss if it didn't work the way it was expected to
[kn] responsibility of everything
[an] as an entrepreneur u have to manage every regulation and check the performance and productivity of the workers
[an+] causing such a job to be stressful and overwhelming

[Abbas17]

(KN) Risk as an entrepreneur
(AN) as the are the one who are most at risk since they don't have any limited liability to pay their debts,
(AN+) hence because of this an entrepreneur may be held accountable to pay back the debts as well.

(KN) Stressful job
(AN) an entrepreneur's job is most important as they are the one to bring the factors of production together, and hence it requires a lot of focus and hard work,
(AN+) which means that, because of this it could be stressful for one to manage a firm as an entrepreneur as it could lead to several health issues in the future.