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Entrepreneurs can make money on fads, but they have to know

Question options:

when to get in and out in order to make a lot of money.

where the fad originated.

how to market the item once the fad has run its course.

how to manufacture the product themselves.

2 Answers

3 votes

Entrepreneurs can make money on fads, but they have to know when to get in and out in order to make a lot of money.

Step-by-step explanation:

Before you start a business, you have to look at what the potential is, what your thing or organization is, and if there is a lot of opportunity to benefit over the long haul. Or then again is it an "endeavor at murder" thing, where you will get in, make boatloads of money, and a while later get out?

That isn't generally a horrible thing; winning designs have made a couple of business visionaries incredibly compelling. In any case, remember, when you're ready, most likely the hardest movement is to acknowledge when it's a perfect chance to get out, to surrender.

Moreover, if you induce wrong, in case you endeavor to make a praiseworthy out of an overall design, you are going to start losing all the money you have earned. Likewise, no one needs to do that.

User Lxknvlk
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6.7k points
5 votes

Answer:

when to get in and out in order to make a lot of money.

Step-by-step explanation:

a Fad is short lived then an entrepreneur has to know when to take advantage of it otherwise the timing won’t be accurate

User Dazfl
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6.9k points