A key factor in a person's decision to behave entrepreneurially is the existence of a viable business idea.

Question

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A viable business idea is usually the starting point for most entrepreneurs to begin their ventures. Without a clear and robust business idea, it is challenging to make concrete plans, obtain funding, or mobilize resources to start a business. Therefore, a viable business idea is a crucial factor in a person's decision to behave entrepreneurially.

A Key Factor in a Person's Decision to Behave Entrepreneurially