Raoul and his brother set up their mobile tool repair business two months ago.They have been successful but have not yet generated enough to pay themselves any wages.According to the GEM study,Raoul and his brother are ______.

Question

Quizplus · Accepted Answer

Raoul and his brother are still in the early stages of their business and have not yet paid themselves anything. This fits the definition of nascent entrepreneurs, who are in the process of starting and building their businesses but have not yet established a stable income stream.

Raoul and His Brother Set Up Their Mobile Tool Repair