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What are the pros and cons of entrepreneurship?

User Kotaro
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2 Answers

22 votes
22 votes

pros of Entrepreneurship offers the chance to get away from a fixed routine and instead develop your own personal schedule. Entrepreneurship allows you to start working at the break of dawn if you happen to be a morning person or work late at night if you prefer evenings.

and cons are Excessive Work Hours – Unlike working on a job, the hours you'll put in as an entrepreneur will be extreme. You'll work harder than just about everyone you know trying to create a successful brand. This is one of the most common cons of being an entrepreneur.Nov 10, 2016

User Pars
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25 votes
25 votes
Pros:

1. you have freedom & flexibility
2. you have total control over the business
3. you have the potential to earn a lot of money
4. you can follow your passion
5. you can impact others positively
6. you develop a variety of skills

Cons:

1. Greater personal responsibility
2. potential financial risks
3. more personal stress
4. requires a professional network
5.requires greater sacrifices, longer working hours
6.competition with other established businesses

i hope this helped.
User Lxgeek
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3.1k points